Mr. Ed Sibley:

Maybe it would be worthwhile doing a real comparison across the jurisdictions of how the mortgage market works. It works very differently in different jurisdictions. We talked before about how there are long-term fixes in the system here and how they are funded. A great deal of really good information can be drawn from cross-country comparisons. I am genuinely of the view that we have a system today under which mortgages come through both banks and non-banks and that this will be increasingly the case. It is important that regardless of whether a loan has originated in a non-bank or was purchased by a non-bank, it should work in the same way. It is important that those involved comply and have the same code and regulations and requirements as the banks in terms of the treatment of the borrower. In that sense, I am okay with loans transferring.