Mr. David Duffy:

I do not think it is a massive number. I cannot even extrapolate it yet when we have big portions of the book that we do not know. To give the Senator an example, regarding that 5,000 with three days past due, we will discover a lot about that book over the next six months and what we have seen so far has been encouraging.

To be clear I would make a second point, and it is only fair to point it out. The Senator asked us what we were offering. We can only offer if somebody submits a standard financial statement, SFS. The members will understand that is part of the mortgage arrears resolution process, MARP. Half of our customers have not submitted one. What we are offering and delivering is against half our customers. Half the customers have not submitted a statement.