This is how they actually compute the payments because you can take, if you want--if someone is borrowing -let's bring it up to today- they're borrowing $200,000.

这就是计算贷款偿还额的方法,比如,如果某人要借款,我们用现实的例子,假设要借20万美元

耶鲁公开课 - 金融市场课程节选

It's very important to understand that the mortgage balance is recomputed, according to this formula every month and they will send you a statement showing how your mortgage balance is falling.

根据这个公式 抵押贷款余额,每个月都要重新计算,理解这一点非常重要,他们会给你寄对账单,告诉你抵押贷款余额减少的情况

耶鲁公开课 - 金融市场课程节选

They are borrowers that are thought, by the various models, to be likely to fail to pay on their mortgage and to have to be foreclosed; often low income, but also they're people with poor credit histories.

通过一些模型的计算,这些借款人,很有可能无法偿付贷款,抵押房产会被贷款人收回,借款人通常属于低收入人群,而且这些人没有很好的信用记录

耶鲁公开课 - 金融市场课程节选