News

TD Bank reported a decline in residential mortgage volumes in the second quarter of 2025 as housing market activity remained ...
Toronto-based TD is in the process of selling a $9 billion residential mortgage portfolio, as part of a strategic review underway at the bank, CEO Raymond Chun said Tuesday. Over the years ...
Bank of America has agreed to acquire a $9bn portfolio of residential jumbo mortgage loans from Toronto-Dominion Bank (TD Bank), reported Bloomberg, citing sources. The Canadian lender is ...
Bank of America (NYSE:BAC) has agreed to buy $9B portfolio of residential mortgage loans from Toronto ... and Toronto-Dominion Bank (TD) declined to comment on the report. Bloomberg reported ...
The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran.
Analysts believe that the bank’s focus on optimizing its balance sheet will position it to navigate regulatory scrutiny effectively. The market’s reception to TD’s mortgage portfolio sale ...
Toronto-Dominion Bank is looking to sell about ... in failing to prevent money laundering. The portfolio for sale consists of so-called jumbo mortgages taken out by US homeowners with relatively ...
Bank of America to acquire $9 billion mortgage portfolio from TD Bank - Bloomberg View all comments (0) 0 BAC 0.14% TD 3.35% TD 3.24% ...
In the second quarter of 2023, TD’s mortgage portfolio was almost $248 billion. TD’s posted rates are the pre-discounted mortgage rates the bank makes ... If rates decline to a level you ...
Jan 21 (Reuters) - Toronto-Dominion Bank (TD.TO), opens new ... The sale portfolio, for which bids are due next week, includes so-called jumbo mortgages obtained by U.S. homeowners with ...
Investing.com -- Bank of America Corp (NYSE: BAC). has reached an agreement to acquire a $9 billion residential mortgage loan portfolio from Toronto-Dominion Bank (TSX: TD Bank), according to ...