Mr. Jim O'Keeffe:

No, we will have sold the property. The borrower cannot afford any level of the debt, in the first instance. We will have agreed, with the borrower's consent, that another organisation, such as iCare in the example I am using, will buy the loan. We will write down the loan to the appropriate level and there are guidelines, policies and so on for that. That will allow the borrower to continue to live in the house but, obviously, the property will remain part of the iCare institution. The alternative to that is that, typically, the borrower would lose the house.