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New York Community Bancorp is selling about $5B in mortgage warehouse loans to JPMorgan Chase as it looks to get back on firmer footing, CNBC reports. Warehouse loans are lines of credit given to lenders who can use that money to give out mortgages. If the lender sells the loans to an investor, they get repaid. These loans accounted for $5.2B of NYCB's total $82.3B as of March 31, CNBC reports.