mr. siegel? >> yes. nicholas would have more of the performance information after waclosed but the elinquency r far above the most likely pass that liberties. mr. weill? >> the way i would phrase the question, there are two components. one of them is how the macro trenof home price, whether they increase or decrease, a then you have the behavior. and the delinquencies definity more boorish behavior that a macro tribute at some point they to connect an i think you ne a thirdomponent to really connect them together which is as home price decline, and refinancing opportunity dry up. than itdoes magnify the delinquency issue. in other words, boars are feeling they are underwater on the mortgage as they seem home price decline. the first action -- reaction wod be to try to get out of the financial obligation in a way that would be ideal, i.e., selling their property and avoidi foreclosure and default. as refinancing opportunities dry up, and home prices suddenly decline, it does magnify. >> and this would be e