NYCB shares rise as $5 billion loan sale to JPMorgan eases liquidity worries
By Niket Nishant and Manya Saini (Reuters) -New York Community Bancorp’s shares rose about 6% before the bell on Wednesday after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase. The deal on Tuesday with the largest U.S. bank by assets will bolster NYCB’s liquidity as