Your question was how do we know we're not getting junk. So through the process of insuring mortgages, all the high-ratio mortgages are examined by the insurer on a loan-by-loan basis, and they have to meet the underwriting criteria of the insurer, whether it be CHMC or the private insurer. Then low-ratio loans are considered as a portfolio, but each individual loan is examined. In some cases, if the insurer is brought 1,000 loans, it will agree to do 950 of them.
On March 3rd, 2009. See this statement in context.