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

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

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