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Subprime Comparison Reports

One of our readers, Jim, was kind enough to post links for three excellent reports comparing the U.S. and Canadian Subprime markets.  Here they are:

Jim also makes another point:

“There is a danger when comparing Canadian and U.S. “subprime” markets. In the U.S., subprime means subprime only and not Alt-A or Jumbos. While in Canada the media and analysts tend to lump the two together into a Canadian subprime or “non-traditional” category.”