willone at this table agree that is a fast, easy way to get money. turned down a lot of things.ve turned down most things. want us to get into the wine business, the commercial olive oil business, all kinds of things you can put your name on that aren't , but ifily a bad idea you want to manage your brand in the long run, the high quality that you assume it's got to be. >> younger people who come to me for advice or just starting to get to that point where they have opportunities. i always say you are in a great position, there will be lots of opportunities. if you start making a lot of bad becomens, it's going to part of that brand and it might not be the best brand. i'm not going to take you what brands i've said no to, but i say no all the time. restaurant chains, and when i say lucrative, i'm talking about life-changing opportunities, but you have to check your gut. your gut knows if it doesn't feel right, and you just have to walk a rate -- walk away. down diet coke. i sell it in all my restaurants. if you walk into my restaurants and order a diet coke, you get a diet coke.

although it is true there will be some noncommunity -- excuse willon-q.m. lending it be at the larger institutional level and not necessarily at the community level. ability toy have no generate a non-q.m. loan. view of a community inder may be too restrictive our view because of the 100 organizations which are members of the community mortgage lenders of america. that definition does not cover a single one of our entities. to take into that account not only entities which are truly our community lenders but also not depositories as well. >> thank you. do you expect something similar to what lawrence said or do you have different ideas? >> i basically agree with what lawrence said and others have said that q.m. in terms of credit access is not the issue. i think the cfpb has done a great job in setting the initial regs. they are continuing to monitor the market which i think is critical. both the economy and the demographic base is changing. of regs out there now will be treated as not guidelines of that firm rules. it is something that they should continue