首先，解决抵押担保证券市场中的流动性问题。
First, address illiquidity in the market for mortgage-backed securities.
要想获得新的贷款，一种方法就是出售房产抵押担保证券。
One way to make capital available for new loans is to sell mortgage backed mortgage-backed securities.
他们保留某些贷款，但将其余部分作为抵押担保证券重新出售。
They keep some loans but resell others as mortgage-backed securities.
美联储抵押贷款担保证券收购计划到期后，购房者的付款率已出现激增。
The end of the Federal Reserve’s scheme for purchasing mortgage-backed securities has already led to a jump in the rates paid by homebuyers.
美联储抵押贷款担保证券收购计划到期后，购房者的付款率已出现激增。
The end of the Federal Reserve's scheme for purchasing mortgage-backed securities has already led to a jump in the rates paid by homebuyers.
住房抵押贷款担保证券依据不同投资者的风险承受程度向许多投资者发行。
These were sold to a wide range of investors, depending on their tolerance for risk.
资产担保证券：所得实际收益，依可接受的金融资产预付价格不同而不同。
Asset-Backed Securities: the actual yield received may vary according to the rate at which the underlying receivable or other financial assets are prepaid.
开个玩笑；它是投资银行们用他们唬烂的按揭担保证券和其他异域风情贷煮得这一锅粥。
Its a joke; it was the investment Banks that created this mess with their putrid mortgage-backed securities and other debt-exotica.
证交会表明这些衍生品给了这个对冲基金激励去挑选会出问题的抵押担保证券。
The SEC argues that these derivatives gave the hedge fund an incentive to select mortgage securities that would bomb.
证交会表明这些衍生品给了这个对冲基金激励去挑选会出问题的抵押担保证券。
The SEC argues that these derivatives gave the hedge fund an incentive to select mortgage securities that would bomb. And bomb they did.
我们正在组建一个万亿市场，同抵押担保证券一样，该市场易于受华尔街操控。
There’s a concern that we’re creating a new $1 trillion market that will be susceptible to being manipulated by Wall Street in the same way as mortgage-backed securities were.
皮尔斯指出，商业抵押贷款担保证券的价值正在下滑，而这是最近才暴露出问题的一块业务。
And in a fresh problem area for Banks, commercial-mortgage-backed securities are declining in value, Mr. Pierce said.
然而，银行资产负债表的资产方由于资产担保证券的猛增需要银行补充额外的资本金。
By keeping all the assets on the balance-sheet, however, a surge in covered bonds would still require Banks to find a lot of additional capital.
大多数资产担保证券，都是通过抵押贷款、信用卡贷款和汽车贷款产生的收入获利的。
Most asset-backed securities are secured by income generated from mortgages, credit card loans and auto loans.
由于SIV购买的资产担保证券的需求已不复存在，某些SIV不得不廉价出售财产，偿付投资者。
As demand for the asst-backed securities that SIVs buy has evaporated, some have had to sell holdings at fire-sale prices to repay investors.
考虑到杠杆水平最近的爆炸式增长，挑战可能不仅仅是有毒抵押贷款担保证券的错误定价。
Given the recent explosion in leverage, the challenge is unlikely to be one of mispricing of the toxic mortgage-backed securities alone.
由于金融市场的魔力，一只由低质量债务组成的房贷担保证券也能获得一个良好的信贷评级。
Thanks to financial alchemy, an MBS made up of low-quality loans can still enjoy a good credit rating.
目前国外比较成熟而且规范的证券是资产担保证券(abs)和资产抵押证券(MBS)。
Currently there two kinds of mature and normative securities in foreign countries: ABS and MBS.
近年来，市场对资产担保证券的巨大需求推动放贷额大幅增长，大银行也相应放宽了贷款条件。
In recent years, the intense demand for asset-backed securities fueled a lending boom that let big Banks offer more generous terms on loans.
近期中国推行资产证券化存在许多制度性障碍，而操作的切入点是实行住房抵押担保证券化。
There are many obstructions from present system to perform assets securitirization. This essay also pointed out the way of performing assets securitirization.
尽管存在一些可怕的可参照金融产品，还是很难下结论说ETFs已经引发了和抵押担保证券相当的系统风险。
Despite some eerie parallels, it is hard to conclude that ETFs yet pose a systemic risk on the same scale as mortgage-backed securities.
在信贷利差扩大的同时，由于需求的消失，大部分商业抵押担保证券已经不再采取证券化的形式了。
Not only have credit spreads widened, most commercial-backed securities are no longer being securitized because demand has vanished.
影响的扩大戏剧性的出现在了更具风险的抵押贷款证券化的产品,以及以此为基础的合并债务担保证券（CDO）。
Spreads have dramatically widened on the securities backed by riskier mortgages and the pooled and debt-laden collateralised-debt obligations (CDOs) based on them.
许多德国银行曾用廉价短期资金购买资产担保证券，以填充其资产负债表，但在去年资金枯竭时，这一战略遭遇惨败。
Many German Banks filled their balance sheets with asset-backed securities bought with cheap short-term funding in a strategy that unravelled spectacularly when funding dried up last year.
然而，花旗今年以来已经发行了150亿美元无担保证券，最近一次在九月份，它坚信有能力轻而易举的赚回偿债资金。
The bank has, however, been able to issue $15 billion of non-guaranteed paper this year, most recently in September, and insists it will be able to meet its funding needs comfortably.
我们举个快速增长的上市交易信用产品的例子，诸如资产担保证券和担保债务凭证，以及由资产担保证券作为组分的担保债务凭证。
Take the growth of traded credit products, such as asset-backed securities and CDOs made up of them.
我们举个快速增长的上市交易信用产品的例子，诸如资产担保证券和担保债务凭证，以及由资产担保证券作为组分的担保债务凭证。
Take the growth of traded credit products, such as asset-backed securities and CDOs made up of them.
应用推荐