TD bank quarterly earnings

TD Bank sees mortgage volumes rise 7% in Q2, gains market share

May 24, 2024 No Comments

Despite a slow real estate market and high interest rates, TD Bank reported a 7% increase in real estate secured lending (RESL) in the second quarter.

TD saw a drop in negatively amortizing mortgages in the fourth quarter

December 10, 2023 No Comments

TD Bank said “positive payment actions” taken by its mortgage clients have reduced the number of mortgages that currently have a negative amortization.

TD reports strong mortgage volumes and stabilizing amortizations

August 25, 2023 No Comments

Despite a sharp slowdown in mortgage originations this year, TD reported continued strong volume growth of 4% in the second quarter.

TD mortgage growth flat in Q1

March 6, 2023 No Comments

While some of the Big 6 banks have reported continued strong mortgage growth in the first quarter, TD Bank’s mortgage book was basically flat compared to Q4 and up just 4% year-over-year.

One quarter of TD mortgages now have an amortization of 35+ years

December 1, 2022 No Comments

Over a quarter of TD Bank’s residential mortgage portfolio now has an effective amortization of 35 years or longer.

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