在这种新的，缺乏监管的环境里，银行和抵押贷款公司把他们借出的贷款变成了商品。
In the new, hands-off regulatory environment, Banks and mortgage companies transformed the loans they were making into commodities.
零售型商品例如抵押贷款也属于被豁免的。
原则上说，买房子的人和给他们提供抵押贷款的银行与股票市场的投资者、商品投机商或者商店业主并没有什么不同。
People who buy homes and the Banks who give them mortgages are no different, in principle, than investors in the stock market, commodity speculators or shop owners.
第四章，就我国现在贷款银行、保险公司及借贷人(被保险人)的在个人抵押商品住房贷款保险业务中的冲突，进行了详尽的分析。
Chapter four, has carried on exhaustive analysis conflict of the insurance business about our country lending bank, insurance company and debtor (the assured) in insurance of the home mortgage now.
鲍尔森还避免持有同大宗商品或高利率抵押贷款有关的股票，这也是一些一时看起来明智但最终让许多对冲基金付出惨重代价的举措。
Paulson avoided owning shares tied to commodities or highly-rated mortgages, other moves that seemed smart for a while but that eventually cost many hedge funds dearly.
鲍尔森还避免持有同大宗商品或高利率抵押贷款有关的股票，这也是一些一时看起来明智但最终让许多对冲基金付出惨重代价的举措。
Paulson avoided owning shares tied to commodities or highly-rated mortgages, other moves that seemed smart for a while but that eventually cost many hedge funds dearly.
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