Ms Ethna Tinney:

It didn't really work like that because, excuse me, it wasn't that the vulture fund could target a particular mortgage, kind of - what would you call it? - a pool of mortgages. But it would affect the decision that EBS would make about the variable rates that it was going to impose because the relationship between let's say, the vulture funds - they weren't all vulture funds - that would invest in these things was not directly with the mortgage holders. As far as the mortgage holders were concerned, their relationship was still with EBS.