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Loan Modification

: Mortgage Lender Implode-o-Meter

Canadian Borrowing Gone Mad: A Look at BMO's Misguided Balance Sheet Theory and the Keep on Dancin' Market Share Theory of Toronto-Dominion

By Implode-Explode Heavy Industries

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"Theory has it that Canadian banks are in far better shape than their US counterparts. If so, it's primarily because the Canadian Central Bank (Bank of Canada) has assumed nearly all the default risk on Canada's massive property bubble."

Full post as published by Mortgage Lender Implode-o-Meter on December 19, 2010 (boomark / email).

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