Then I want to talk about mortgages, which is the way that we finance both commercial and owner-occupied real estate.

然后再讲一下抵押贷款,它可以为,商业地产和自住房产提供融资

耶鲁公开课 - 金融市场课程节选

Subprime" Refers to the mortgages that were made mostly over the last ten years or so to subprime borrowers.

次贷"指的是,大约在最近10年中,提供给次级借款人的,住房抵押贷款

耶鲁公开课 - 金融市场课程节选