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To: David Semoreson who wrote (314760)11/16/2005 5:37:06 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
>>FMF-UN.TO is an american morgage broker/servicer, gone public in canada as an income trust ... just suspended dividend yesterday cause they're feeling the pinch ... closed at 1.13 today from 6.15 two days ago ... down 82% ! CFC next?<<

Maybe NEW or NFI....CFC isn't really a mortgage REIT (though they undoubtedly have lots of hard road ahead, too....)

We haven't talked about Canadian residential Bubbling too much on this thread. What's the perception there, is it as insanely overheated, overowned and overleveraged as it is south of the border?