The bank's giant retail division made a loss in the first quarter, thanks to mortgage write-offs and legal costs.
它最大的零售部门在第一季度遭到亏损，主要原因是抵押贷款坏账冲销和法务成本的增加。
In America, where overall debt levels have fallen fastest, a lot of the reduction in household debt has been thanks to mortgage defaults and write-downs.
在总体债务水平下降最快的美国，家庭负债减少有很多是住房抵押贷款违约和价值减记的结果。
After all, the news has been so gloomy, what with the write-downs on mortgage-related bonds, the exposure to a slowing American economy and the crisis at Bear Stearns.
关于金融股的消息的确一直都很负面：抵押贷款相关债券损失、美国经济减速风险，还有贝斯登(Bear Stearns)危机。
Tax Breaks: Interest paid to a credit card is money down the drain. Interest paid to a mortgage can be used as a tax write-off.
税务减免：付给信用卡的利息如水东流毫无用处，而付给贷款的利息则可以抵税。
Tax Breaks: Interest paid to a credit card is money down the drain. Interest paid to a mortgage can be used as a tax write-off.
税务减免：付给信用卡的利息如水东流毫无用处，而付给贷款的利息则可以抵税。
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