近年来，在抵押贷款方面的尝试就是一个很好的成功的例子。

Mortgages over recent years are an excellent example.

youdao

在抵押贷款族里，有6%未按期付款，而次级贷款里则有17%逾期。

Among all mortgage borrowers, 6% are behind on their payments; among subprime borrowers, 17% are in arrears.

youdao

这样将会减少在抵押贷款经纪人中的竞争和增加现有抵押贷款经纪人的收入。

That will reduce competition in mortgage brokering and enhance the incomes of existing mortgage brokers.

youdao

So, when the mortgage ends, you're just clear and free; you don't have to pay anything--nothing comes at the end.

因此,抵押贷款正好在到期时全部还清,贷款期末你不再偿还任何金额

耶鲁公开课 - 金融市场课程节选

But, the assumption was, well, when five years comes up you refinance the mortgage; you get a new one.

不过,如果假设,你在五年末又重新申请了抵押贷款,你则得到了一个新贷款

耶鲁公开课 - 金融市场课程节选

Subprime" Refers to the mortgages that were made mostly over the last ten years or so to subprime borrowers.

次贷"指的是,大约在最近10年中,提供给次级借款人的,住房抵押贷款

耶鲁公开课 - 金融市场课程节选