I posted the general view that the worse your credit the faster it is improving and the better it is the faster it is deteriorating. (See this post in response to Felix Salmon.)
Again there is a gross simplication. This is true for business written in 2006 and prior. 2007 business just looks sick everywhere. I also blogged about that here where I noted that if you did 2005 and 2006 non-prime business you are seeing light at the end of the tunnel. If you did 2007 business that light is an oncoming train.
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