当房产市场开始放慢脚步,放款机构通过戏剧性的放宽信用标准来刺激销售的步伐,每处房产放宽更多,却不需要证明文件。
When the housing market began to slow, lenders pepped up the pace of sales by dramatically loosening credit standards, lending more against each property and cutting the need for documentation.
伦敦作为全球金融中心的地位,在某种程度上,是一次偶然性的历史事件:在20世纪70年代,美国的法规促使英国产生了境外放款业(欧洲市场)。
London's status as a global financial centre is, in part, an historical accident driven by American regulations in the 1960s that created an offshore lending business (the Euromarket) in Britain.
众所周知,近年来,债务市场疯狂放款。
The debt markets, as everyone knows, indulged in a lending spree in recent years.
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