More borrowers missed payments in the 2nd quarter. Number of homes going into foreclosure rose 6%. Before you start wringing your hands, remember all the hoops the govt put the banks through last year. They are just starting to work their way though again. FHA loans were worse. California is doing better than other states because we are a trust deed state, not a judicial foreclosure state. That means that the bank only has to file paperwork to foreclosure. In other states, it’s like a law suit and there has to be a hearing in front of a judge. That takes more time. So our state will recover faster.