Part of--this is the--it's not loan-to-value ratio-- this is the ratio of mortgage debt to personal consumption expenditure.

这并非贷款价值比率的问题,一定程度上,是抵押率的问题,即负债对个人消费支出的比率

耶鲁公开课 - 金融市场课程节选

You see what the problem was: the mortgages were too short.

你看到问题了吧,抵押贷款期限太短了

耶鲁公开课 - 金融市场课程节选

s also the case the original problem went back to the mortgages.

是，这样提到了原始经济问题，Yes，，but，it’,关于贷款这项金融活动。

斯坦福公开课 - 经济学课程节选

This puts the British Government in an embarrassing situation of owning a failing mortgage lender, so they've got to now be the government collecting on all these mortgages; it's a mess.

承认其银行抵押贷款出现严重问题,着实令英国政府颜面扫地,所以现在不得不由政府出面,收购所有这些抵押贷款,真是一团乱

耶鲁公开课 - 金融市场课程节选

The problem is then that these were sold to low-income people, in many cases, who didn't understand what they were getting and that after two years the interest rate would reset up.

问题是贷款在一开始是发放给低收入人群,很多情况下,那些人并不理解这种贷款,或者说他们不知道利率在两年后会重设

耶鲁公开课 - 金融市场课程节选

Troubled banks then who have this the problem banks have now is they have these securitized mortgages that they've bought and the homeowners are defaulting on the mortgages now.

于是出于困境中的银行,现在银行的问题在于,他们持有自己买的,证券化按揭贷款,而房屋持有者却,对抵押借款拖欠。

耶鲁公开课 - 金融市场课程节选