Citigroup Rates BMO, CIBC, & Scotiabank as Buys

Financial Post, Jonathan Ratner, 21 March 2007While homebuyers and those that underwrite their purchases witnessed several years of steady growth in the housing market, U.S. home sales have been falling off for more than two years despite continued economic strength.But it was not until this year that mortgage markets and many finance companies started to see a negative reaction to higher numbers