Jeff Merkley actually said...

OK. So, ballpark, can you tell me between the two institutions or for your institution how many more repurchase--are we talking a billion do...

So often, we are coming into the story down the road when it has exploded.

And that would not be because the number of folks falling into foreclosure action is declining, so to what do you attribute that?

So essentially, you say when there is recognition that a modification cannot be completed, then we need to push through to foreclosure.