Many Banks have been willing to roll loans over and ignore breaches of loan-to-value covenants caused by falling values (a strategy known as "extend and pretend") rather than force a sale.

许多银行很乐意贷款展期，并且忽略价值下跌所导致的贷款价值契约的违约(该策略被称作“延期并假装不知”)，而不是强行变卖。

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Many Banks have been willing to roll loans over and ignore breaches of loan-to-value covenants caused by falling values (a strategy known as "extend and pretend") rather than force a sale.

许多银行很乐意贷款展期，并且忽略价值下跌所导致的贷款价值契约的违约(该策略被称作“延期并假装不知”)，而不是强行变卖。

youdao