Bank of America has agreed to purchase a $9 billion portfolio of residential mortgage loans from Toronto-Dominion Bank ...
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Bank of America to acquire TD Bank’s $9bn jumbo mortgage portfolioFor TD Bank, the sale is part of efforts to adjust its balance sheet to meet a $434bn cap on its US retail banking assets.
Bank of America to buy $9B portfolio of residential mortgage loans from Toronto-Dominion Bank as TD adjusts balance sheet to comply with asset cap.
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