Watch your slinging of statistics there Jim. Just 3 standard deviations would include 99.73% of a population, 4 st dev = 99.993, and 5, 99.99994. “Hundreds” of standard deviations above the norm you say??? That would be easy to hit – maybe one homeowner? I think even you would agree that the foreclosure rate will be greater than than “hundreds” of standard deviations above the historical mean.
