Looking ahead, Mehta said TD has driven several quarters of sequential RESL origination margin expansion, which she expects to “start to accumulate” as volume builds and lower-margin cohorts roll off. She said she is optimistic about “the back half of this year” for potential NIM expansion, while emphasizing that the outlook depends on competitive dynamics and other variables. She also discussed the trade-off between higher rates and growth, saying rising-rate environments have generally been accretive to T ...