MS. OWENS: Well, thank you, Bob. You happen to be extremely also type. I’m the chief out of Safeguards and you may Soundness Test Plan on FDIC.
In addition to talk might have been great yesterday. It’s nowadays. Along with the military banking panel, plus the borrowing from the bank relationship committee, one to immediately preceded you, I do believe we’ve got founded these particular fund can be produced. As well as can be produced into the a profitable styles as well.
Since these try reasonable loans, these people were maybe not — they may not be generally speaking probably going to be programs you to address subprime individuals, and many of borrowers that you’ll lend so you can within these applications — zero concern about any of it — he or she is gonna be subprime consumers
And those of you which might be lenders on the market, you’ve along with most likely recognized the fact that this is basically the correct move to make.