This was, in effect, a "no doc" or at least a "low doc" subprime mortgage loan.

实际上，这是一个“无文件”或至少是“低文件”次级抵押贷款。

youdao

Another example: When your doctor says "take off your clothes," it makes no sense for you to say, "you first, doc."

另一个例子：当你的医生说“脱下你的衣服”，若此时你也对医生说“医生，你先脱”则是没有用的。

youdao

Doc: It means your future hasn't been written yet, no one's has, your future is whatever you make it, so make it a good one, both of you.

布朗博士：这就说明你们的未来还没决定呢。 每一个人的未来全靠自己去奋斗，这才能创造出一个美好的未来。

youdao

Mr. CHALLENGER: As the credit crunch broke out in early August, all of a sudden, this crazy mortgage arms and no-doc loans began to unravel.

NPR: Housing Market Problems Lead to Job Cuts

The entire firm came around to believing the great mortgage bubble was a house of cards ready to collapse, based on delinquencies, no-doc loans, fraud, and more.

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