Subprime referred to the borrower.
So these are people without jobs that got mortgages where the principle increased over time because the value of the house in 5 years justified it (or whatever story was used to justify lending to that person).
Does the person meet the 40% debt service ratio rule, if not they're a subprime borrower.
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Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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