Second Mortgage（二次抵押） -- 在优先权上排在首次抵押后面的抵押。财产可以有二、三或更多次的抵押、信讬契约或土地合同，就如同留置权。
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二次合成债务抵押债券 Squared CDO
抵押品给了投资者购买抵押债权组合的信心，这就是所谓的二次抵押贷款。
The guarantees give investors confidence to buy packages of mortgage debt, known as mortgage-backed securities.
对于同一片土地与同一所房子的销售和二次销售本来就没有产出物，也意味着银行可以经常从房产抵押的价值中回收贷款。
The sale and resale of the same land and the same home is inherently unproductive, and means the bank can usually recover the value of the mortgage.
对于一些收入水平上升的二次购房客户，原先必须将首次购房的贷款还清后，才可以解除抵押出售旧房。
For some income levels rise after purchase, customers must first purchase the original loan repaid, can lift the selling home mortgages.
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