As I have mentioned, we have used both standard and non-standard, temporary monetary policy measures during the crisis period to ensure price stability. We remain firmly committed to price stability over the medium to longer term.
The same data that were used to examine the role of community banks in the mortgage market can also be used to analyze the importance of mortgage products to community banks. Overall, community banks accounted for approximately one-fifth of closed-end, firstlien mortgages retained in portfolio by all banks as of June 2012.