Foreclosure timing is the wild-card, yep -- are we seeing any real decrease or just a damming-up that will burst sometime soon? That shoe could drop and bump up our numbers, though certainly will hit everybody else as well.

I haven't done any in-depth look at the tax foreclosures, though again there's a timing issue -- the tax foreclosures typically happen 2-2.5 years (or more) after you stop paying, while the mortgage foreclosures typically happen after 3-6 months, so I expect the tax foreclosures to see peaks a year or two later than the peaks in mortgage foreclosures. But that's just a guess.