Professor Philip Lane:

We have general information gathering powers. If we believe we need to know something in pursuit of our mandate, we can collect a wide range of information. The credit servicing firms are reporting the nature of the loans they have and we have good information on what is occurring. As Mr. Sibley stated, until now the numbers of repossessions sought by these firms have not been dramatically different from those sought by the banks. We also acknowledge that the nature of the restructures is different. We do not believe a large number of new split mortgages are being generated.