New York Community Bancorp Inc. on July 28 closed the sale of one-to-four family residential mortgage-related assets to a Cerberus Capital Management LP affiliate.
The company received proceeds of $1.9 billion.
New York Community Bancorp completes asset sale to Cerberus affiliate
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New York Community Bancorp Inc. on July 28 closed the sale of one-to-four family residential mortgage-related assets to a Cerberus Capital Management LP affiliate.
The company received proceeds of $1.9 billion.