New York Community Bancorp Completes Sale of Mortgage Banking Business to Freedom Mortgage Corporation

September 29, 2017

S&C represents New York Community Bancorp, Inc. in its sale of its mortgage banking business, which was acquired as part of its 2009 FDIC-assisted acquisition of AmTrust Bank, to Freedom Mortgage Corporation.
The S&C team on the transaction was led by Mark Menting and Jared Fishman, along with Jeremy Knobel and Arnaud Camu. Nader Mousavi and Rachel Yu advised on intellectual property matters; Rebecca Coccaro and Joshua Green advised on executive compensation and benefits matters; and Ronald Creamer and Eric Lopata advised on tax matters.