Because he was warning Congress that there was problems down the roads, especially with Fannie Mae and Freddie Mac.

因为他之前就向国会发出警告,说现行做法存在问题，特别是房地美和房利美。

斯坦福公开课 - 经济学课程节选

Technically, Fannie and Freddie are private companies -they're traded stocks; you can buy shares in Fannie and Freddie.

技术上,房利美和房地美都是私人公司,它们的股票可流通,你可以购买房利美和房地美的股票

耶鲁公开课 - 金融市场课程节选

Congressman Barney Frank of Massachusetts speaking in 2003 quote I would like to get Fannie and Freddie more deeply into helping low income houses.

国会议员，巴尼，弗兰克,马萨诸塞州议员，2003年说,我想让房利美和房地美，“,更深入地,帮助低收入者。

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Then the government created a second such institution called --and they gave it a boy's name with a nickname, boy's name--Freddie Mac.

之后政府成立了第二个类似机构,他们给它起了个男孩名字,一个昵称,叫做房地美

耶鲁公开课 - 金融市场课程节选

I'll just mention--I want to mention a couple other institutions that are very important in real estate and those are Fannie and Freddie.

我想介绍一下,在房地产行业中非常重要的,两个机构,房利美和房地美

耶鲁公开课 - 金融市场课程节选

There are critics of Fannie and Freddie who say, the government guarantee doesn't sound right because why is the government guaranteeing a private company?

房利美和房地美的评论家们认为,政府担保听起来有点不对劲,政府为何要担保一个私人企业呢

耶鲁公开课 - 金融市场课程节选

Fannie Mae and Freddie Mac what did they do and what role did they play?

房地美和房利美,这两家公司的职能是什么？

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But nobody believes the government when they say that because people say, surely the U.S. Government is not going to allow Fannie and Freddie to fail.

但是没人相信政府表态,因为人们觉得美国政府肯定不会,让房利美和房地美倒闭的

耶鲁公开课 - 金融市场课程节选

It tells how--there's a conforming loan limit that is a limit on how much Fannie and Freddie -how big a mortgage they can make to one homeowner.

两者都有一个贷款限额标准,也就是限定房利美和房地美,面向单个购房者的抵押贷款额度

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So if all of these is perfectly understandable from the standpoint of Congressman Barney Frank, So is his recent statements that he wants the Fannie and Freddie to lower the lending standards to condos now.

所以如果这一切都是可以理解的话,从巴尼，富兰克林的角度看，他最近的言论,他希望房利美和房地美,降低购买高级公寓的借款标准。

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So, the government created competitors and it privatized them so that both Fannie and Freddie became what are called GSEs -these are Government Sponsored Enterprises.

政府先培育一些行业竞争者,然后再让它们私有化,于是房利美和房地美,成为了所谓的GSEs,即政府支持企业

耶鲁公开课 - 金融市场课程节选

When you call Fannie Mae an Freddie Mac s the term? Explain what that means.

当您说房地美和房利美,是什么意思，能解释一下吗，what’

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It was just part of the new President Bush's plan to increase the conforming loan limits on Fannie and Freddie to allow them to lend at a higher price.

小布什总统的政策之一就是,增加房利美和房地美的贷款限额,以便让他们可以在高房价下继续贷款

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so ta retail bank sells the mortgage and then the retail banks flips it to Fannie Mae and Freddie Mac which essentially package huge numbers of the mortgages across the countries.

所以商业零售银行发行贷款，they…,然后商业零售银行将贷款转手,卖给房地美和房利美,事实上是收集了,大量的,全国的房贷。

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In other words, banks may lend to you or to me re risky borrowers but they sell the mortgages to Fannie Mae or Freddie Mac they get their money right then and there.

换句话说，银行可能借钱给我们,知道我们的信用度不高，knowing，that，we’,但是银行把贷款卖给,房地美和房利美,转手就拿到现钱。

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You can argue that the government, largely in person of Barney Frank messes things up by encouraging Fannie Mae and Freddie Mac to make a market of loans t really have been made in the first place.

您可以说政府，尤指巴尼，弗兰克本人,让事情变得糟糕,他鼓励房利美和房地美,为贷款创造市场,他们实属不应该，they，shouldn’,设计这样的贷款。

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s up to the Fannie Mae or Freddie Mac to collect mortgages over the next thirty years So let me make sure I have the sequence right Housing prices extremely high among other entities congress place pressure on the banking systems they were ordinary banking systems to make loans more and more affordable.

结果是房地美和房利美，And，it’,在过去三十年收集全国贷款,让我整理一下顺序,房价很高,及其他政府机构,给银行压力,即普通银行,放贷给民间,让更多人买得起。

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