The default rate for CAP borrowers was only a quarter what it was for subprime mortgage holders, even though the incomes and backgrounds of borrowers were similar.

虽然借款人的收入与背景相似，但后者的违约率仅为前者的四分之一。

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Lending institutions often charge interest on subprime mortgages at a rate that is higher than a conventional mortgage in order to compensate themselves for carrying more risk.

贷款机构通常会对次级贷款收取高于常规贷款的利息以便补偿他们承担的更大的风险。

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Moreover, low saving rate and irrational overdraft consumption propel the subprime mortgage crisis.

低储蓄率和非理性的的透支消费助推了次贷危机。

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And when that interest rate readjusts upward - we're talking specifically about somebody who was in the subprime mortgage that was also in adjustable rate mortgage, meaning that it was typically a very low rate for a year or so, maybe three years, and then it would readjust upward once rates changed in a couple of years.

NPR: Will Interest-Rate Cut Really Help?

This would reduce the reset rates adjustable-rate subprime mortgage holders would have to pay.

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Prior to that there was its run-in with U.S. federal agents in a tax evasion scheme, its subprime mortgage writedowns and auction rate securities litigation.

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