I mentioned earlier that residential real estate loan delinquencies are on the rise. I also mentioned that DQ rates are still low by historical standards. Here's a visual to give you a better idea of what I'm talking about. This chart shows the DQ rate going back to the early 1990s, the last time we had a fairly significant housing bust. This time around, the boom/bubble was much, much bigger -- the largest in history. Does that mean the downturn could also be worse, pushing DQ rates into the high 2% range from the 11-quarter high of 1.72% in Q3 2006? I don't see why not.