I think that the majority of mortgages taken out in 2004 and 2005 will default when they reset, because the borrower probably has no equity. We are back to 2003 to 2004 prices, so 2004 and 2005 borrowers lost their equity if they financed at 0% down. I think that about half of refinancers since 2003 will default. So yes, that is my best guess. I am not in the camp of believing these borrowers can just sell or refinance. Perhaps the mortgage industry will come out with some new products to help these people, and then my guess will have been incorrect. Sorry if I missed your question before. I think the default rate could be 90% or higher – it’s hard to tell without knowing the exact number of 0% down ARMs. The subprime market default rates are very high in states that are ahead of us in this bust, like FL, Ohio, Michigan, Colorado, and Texas. We’ll be next. I did take that bet already, davelj – I sold my house.