TD Bank looking to sell $9 bln of mortgages to meet asset cap, Bloomberg News reports
1. TD Bank plans to sell $9 billion in mortgages to meet U.S. regulatory cap. 2. This move could strengthen TD's balance sheet and improve compliance.
FAQ
Why Bullish?
Selling mortgages can enhance TD's financial stability, similar to past actions improving liquidity.
How important is it?
This article addresses a significant financial strategy that could impact TD's operational compliance and market perception.
Why Short Term?
Immediate compliance pressures may drive short-term price adjustments, as seen with other financial institutions.