asianautica, I’m not the one being defensive here, I was taking exception to the earlier post that the NOD’s in CV were “negligible”. Come’on, let’s get real, during the boom there were essentially NO defaults in CV. Think back in time a little…if you suggested to someone, even in 2006, that there would be 30 SFR defaults in the prime areas of CV, they would commit you to an insane asylum. Your point is well taken though on the trend, it would be good to see a CV specific NOD multi-year trend graph. I don’t know how to go back in time and get this. Can anyone help? Maybe Jim-the-Realtor, he seems to be one of the best at digging into the data.