Bank of America has agreed to purchase a $9 billion portfolio of residential mortgage loans from Toronto-Dominion Bank ...
For TD Bank, the sale is part of efforts to adjust its balance sheet to meet a $434bn cap on its US retail banking assets.
(Bloomberg) -- Bank of America Corp. has agreed to buy a $9 billion portfolio of residential mortgage loans from Toronto-Dominion Bank, as the Canadian lender looks to shed certain holdings to ...
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.