Job losses continue to drive loan defaults.
失业继续导致贷款违约。
It has been battered by floods of loan defaults caused by the credit crunch and plummeting home values.
而因信贷危机和房产迅速贬值所引发的贷款违约潮则使抵押贷款业务受到重创。
If people and firms expect prices to fall, they stop spending, and as demand sinks, loan defaults rise.
如果人们和企业预计到价格将要下跌,会停止消费,需求从而会下降,贷款违约率会上升。
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