The development of a mortgage and loan company was put in place over a year and a half ago and has no relationship to the sale of staff housing; although, the sale of staff housing will probably provide some momentum. The mortgage and loan company was put in place in an effort to provide alternative funding for level 11 and III communities in the mortgaging of new construction and new housing because we believed at the time, and I believe now, that the banks are not as aggressive as they should be in providing our people, who we represent, with the loan money that they need to build these houses or we're setting conditions beyond their ability to do the same.

The selling of the staff housing is an issue that came up during the budget deficit elimination strategy as an overall policy of this government but has no bearing on the Mortgage Investment Corporation which we started to develop over a year and a half ago. Thank you.