为了避免被迫买回拖欠债款的风险，Mr Miller表示银行将会对借债人使用比两房更为严苛的借贷条款。
To avoid the risk of having to buy back a defaulted loan, Mr Miller says the banks routinely demand tougher standards from borrowers than even the GSEs require.
虽然市场对欧洲央行支持主权借贷人的呼声越来越大，但央行似乎不愿使用资产负债表来抑制危机蔓延。
Even as the market chorus calling for an ECB back-stop for sovereign borrowers grows louder, the ECB appears to be digging in against using its balance sheet to stem the contagion.
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