BofA to buy $9 bln residential mortgage loan from Canada's TD, source says-March 2024-www.financetom.com

BofA to buy $9 bln residential mortgage loan from Canada's TD, source says

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BofA to buy $9 bln residential mortgage loan from Canada's TD, source says

Feb 7, 2025 11:48 AM

Feb 7 (Reuters) - Bank of America ( BAC ) has agreed to

buy a $9 billion portfolio of residential mortgage loans from

Canadian lender Toronto-Dominion Bank ( MLWIQXX ), a source familiar

with the matter said on Friday.

Previous page： Conifex Timber Q3 net loss widens on higher duty costs Next page： IO Biotech reports $8.4 mln Q3 net loss

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Conifex Timber Q3 net loss widens on higher duty costs

Nov 14, 2025

Overview * Conifex Q3 net loss widens to C$16.6 mln, impacted by higher duty costs * EBITDA for Q3 2025 was negative C$16.6 mln, reflecting operational challenges * Lumber revenue decreases 4% from Q2 2025, affected by higher duty rates Outlook * Conifex anticipates continued lumber price volatility and uncertainty in North American markets * Company faces challenges from increased...

IO Biotech reports $8.4 mln Q3 net loss

Nov 14, 2025

Overview * IO Biotech ( IOBT ) reports Q3 net loss of $8.4 mln, operating expenses decreased yr/yr * Company narrowly missed statistical significance in Phase 3 trial for advanced melanoma * Meeting with FDA scheduled to discuss new Phase 3 trial design for advanced melanoma Outlook * Company expects cash reserves to support operations through Q1 2026 * Meeting...

Creative Media Q3 net loss narrows to $17.7 mln

Nov 14, 2025

Overview * Creative Media reports Q3 net loss of $17.7 mln, a decrease from 2024 * Revenue for Q3 was $26.2 mln * Company agrees to sell lending business for $44 mln to improve liquidity Outlook * Company expects net proceeds of $31 mln from sale of lending business * CMCT plans to improve multifamily net operating income through occupancy...

Actelis Networks Q3 revenue misses on delays in closing Federal deals

Nov 14, 2025

Overview * Actelis Q3 2025 revenue fell significantly year-over-year, missing analyst expectations * Net loss widened in Q3 due to lower sales and consistent operating expenditures * Customer bookings nearly doubled sequentially, with a stronger backlog entering Q4 Outlook * Actelis expects financial impact from reorganization in Q4 2025 and early 2026 * Company sees stronger backlog entering Q4, positioning...