The Federal Housing Administration will also begin an expanded effort next week to help a larger group of troubled homeowners refinance their adjustable mortgages.

“联邦住房部”下周也将展开一项额外努力来帮助大量陷入困境的房屋主人为他们的可调按揭贷款再次提供借款。

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Reckless expansion during the housing boom saddled it with more than $50 billion in option adjustable-rate mortgages, among the most likely to explode when markets turned.

华惠在房地产市场鼎盛时毫无节制的放贷，这使其背负了500多亿美元的期权调息按揭，沦为当市场变动时最有可能破产的银行之一。

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An adjustable lighting fixture has a moveable housing.

一种可调节照明器材具有一可移动外壳。

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It cannot just be assumed that most people who during the housing boom bought homes with adjustable-rate mortgages, or mortgages with prepayment penalties, or mortgages that required a low or even no down payment, were fools or victims of fraud.

WSJ: The Consumer Financial Protection Agency Act Is Flawed

That pushed the rates on adjustable loans to historic lows as well, helping to fuel the housing boom.

WSJ: How Government Stoked the Mania

The SEC says Mozilo, former chief operating officer David Sambol and ex-chief financial officer Eric Sieracki deliberately misled investors about the nature of Countrywide's business, including the degree to which it had deviated from underwriting mostly prime loans toward riskier subprime and option adjustable-rate mortgages, both of which began to crumble when the housing bubble burst in 2007.

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