Mr. Donal Forde:

In the context of mortgages, I think you're right to some degree. I think the emphasis shifted from the simplicity of a multiple or one or the other.

It shifted to this capacity of the borrower to be able to meet the repayment. The formula was that all mortgages had to be stress tested for interest rates, if I remember, for 2% higher than prevailed to make sure that the borrower was able to meet the repayments. That sort of model did become more prevalent rather than the simple one that you described. So it is true to say, I think, that the model failed a little bit. I am acknowledging that-----