let me see if i understand an answer that i believe you gave, senato merkley. you said the commercial mortgage-backed security market is coming back to a small extent. >> correct. >> and i assume that's a good thing. >> yes because that's an important source of finance for a commercial real estate. given the banks are not expanding their balance sheets, we need alternative sources o finance. >> right. and i got information from crs yesterday that was compared to residential mortgage-backed securities. that market is virtually dead, is that correct? >> yes. >> would it be a good thing if that came back? >> well, i would think so. although it is important to remember that a lot of bad lending took place through that -- through that market and helped contribute to the crisis. but conditional on unrwriting standas or other oversight that makes the loans created through that process sufficiently good quality, then, again, it would be good to have multiple sources of financing for the housing market. >> okay. and that's what i'm -- that's what my question is sort of