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.

Financial giant Bank of America (BAC) has agreed to purchase a $9 billion portfolio of residential mortgage loans from Canadian company ...

Bank of America has agreed to purchase a $9 billion portfolio of residential mortgage loans from Toronto-Dominion Bank ...

(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 ...

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.

Jumbo loans account for 72% of the mortgage debt on affected homes, and banks are on the hook for billions should borrowers ...

Bank of America recently released a new report on rental market trends, and the data shows some surprising trends for renters ...

As a full-service national bank, you can begin a financial relationship ... enhance the livability and homeownership of rural America. The mortgages can be used to purchase, refinance, or renovate ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan ... head of retail lending, Bank of America Getting an optimal rate on ...