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TD, facing asset cap, considers selling $9B of mortgages – report (TD:NYSE)

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Ottawa, Canada - June 8, 2024: TD bank sign on building. Toronto -Dominion Bank.

Iryna Tolmachova

Toronto-Dominion Bank (NYSE:TD

) is exploring the sale of ~$9B of residential mortgages as it recalibrates to comply with an asset capped imposed by U.S. regulators, according to a media report.

The collection of mortgages up for sale is made up

https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2157716001/image_2157716001.jpg?io=getty-c-w750

2025-01-21 20:42:42

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