For all the losers in the mortgage mess south of the border, at least someone is looking on the bright side - a Canadian Bank. According to Reuters, Bank of Montreal is starting to see some opportunities:

We believe with the current environment, there will be more opportunities at better prices than in the past and we are monitoring these very closely," said Ellen Costello, chief executive of Harris Bankcorp, BMO's U.S. retail bank.

"All of these things represent opportunities for us that are unprecedented," she said during a half day of presentations to investors and analysts in Toronto.

It's anticipated by BMO that the window of opportunity will last for at least 12 months - at least someone's happy this mess isn't going to end soon.

http://www.reuters.com/article/innovationNews/idUSN1546436820080415