补贴误导、从生物燃料到抵押利息等等都使市场扭曲。
Misguided subsidies, on everything from biofuels to mortgage interest, have distorted markets.
银行也将因暴露给失败的对冲基金而蒙受损失，正像某些银行因在次级抵押市场暴露而遭受打击一样。
Banks will also suffer from their exposure to failed hedge funds, just as some have already been hit by their exposure to the subprime mortgage market.
其中一个理由在于抵押贷款市场。
这两个庞然大物将私有公司挤压到了诸如次级贷款之类抵押市场最具风险的领域之中。
The two Leviathans have squeezed private firms into the riskiest ends of the mortgage market, such as subprime lending.
罗克斯·巴勒先生认为不抵押市场不同的法律规定导致这些不同。
Mr Roxburgh thinks the differing legal structure of mortgage markets may explain some of the difference.
实际上，这就是保尔森实现了对住房抵押市场降低利率半个百分点的目标。
In effect, Mr Paulson engineered the equivalent of a half-point cut in interest rates targeted at the mortgage market.
受抵押市场不景气和住房存货膨胀的综合影响，房产价格可能进一步的下跌。
Further price declines seem likely given the toxic mix of blighted mortgage markets and swollen inventory.
早在2005年，房利美的管理人员就公开表达了对抵押市场风险增加的担忧。
As early as 2005, Fannie executives publicly expressed concerns about growing risks in the mortgage market.
在抵押市场完全私有化的欧洲，情况也不比这里更糟糕。
Europe, where mortgage markets are fully private, is no worse-off.
去年，在美国次级抵押市场爆发的金融风暴已经成为飓风了。
THE financial storm that blew up in America's subprime mortgage market last year has become a hurricane.
而借款人提高利率和收缩还贷期限则令抵押市场紧缩加剧。
The squeeze in the mortgage market has intensified as lenders have raised rates and toughened terms.
秋初，抵押贷款市场依然萎靡。
劳工联合会秘书长布伦丹·巴伯说：“信贷危机正持续压制房地产市场，抵押贷款渠道恢复十分缓慢。”
The TUC general secretary, Brendan Barber, said: "the credit crunch is continuing to depress the housing market, with access to mortgage finance returning at a snail's pace."
市场对次级抵押产品的信心继续下降。
Confidence in subprime-related mortgage products continues to fall.
其中，由业主出售部分约占德国房屋抵押市场的10％。
Sales processed via its proprietary platform cover about 10% of the German home-mortgage market.
FSA还一向致力于抵押市场的反欺诈运动。
The FSA has been pursuing its campaign against fraud in the mortgage market, too.
长期以来金融专家能够获取有关信贷市场和次级抵押市场的大量数据。
Financial mavens have long had access to comprehensive data on credit markets and subprime mortgages.
尽管如此，“第二人生”不会面临市场次级抵押的窘境。
Still, Second Life is unlikely to experience the same hard landing as the market for subprime mortgages.
业界最后仅存的支柱力量也出现了裂缝，很明显，个人消费者和公司信贷场和住房抵押市场将会迎来更大的亏损。
And cracks have appeared in the industry's last remaining pillars of strength as it becomes clear that big losses are coming in consumer and corporate credit as well as mortgages.
那些影响(通过蔓延)并没有在显而易见的银行崩溃、股票市场波动，或抵押贷款失败中反应出来。
Those effects [from contagion] are not reflected in highly visible bank collapses, fluctuating share prices or mortgage failures.
而且在投资者和更广泛范围内，会对资产抵押市场制造实际的打击。
It will also cause real distress in mortgage markets, among investors and in the broader economy.
今年夏天他每一次张嘴他都会说我们需要集中在房地产市场并且收购抵押支持证券。
Every time he opened his mouth this summer he said we need to fix the housing market and buy mortgage-backed securities.
从涵盖了美国60%的住宅抵押市场庞大的数据库背景里，经济学家查看了一份抵押贷款案例。
The economists looked at a sample of mortgages in a huge data set that covers 60% of America's residential-mortgage market.
美国消费者支出前景走弱，乃是因为随着房地产市场进一步降温，资产增值抵押贷款市场出现了崩盘。
The softening in the outlook for us consumer spending is due to a collapse in mortgage equity withdrawal as the housing market slowdown has intensified.
美国消费者支出前景走弱，乃是因为随着房地产市场进一步降温，资产增值抵押贷款市场出现了崩盘。
The softening in the outlook for us consumer spending is due to a collapse in mortgage equity withdrawal as the housing market slowdown has intensified.
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