Mr. Oliver Gilvarry:

It would be different. I ask the Senator to correct me if I am wrong in my understanding of what he is saying. If an investment fund buys a portfolio of mortgages, it is separate. For example, EuSEFs involve social entrepreneurship. I accept that EuVECAs involve venture capital. They are very restricted in their frameworks. Our requirement to have a servicer within the State would not be affected. That is separate.