In June, China's housing and lending regulators and the central bank issued a document saying that Banks, in assessing mortgage applications, must determine how many homes the applicant already owns.

今年六月，中国的住房和贷款监管机构和中央银行发行的一份文件说，银行在评估抵押贷款申请时，必须确定有多少申请人已经拥有了住房。

youdao

More than two-thirds of its lending in that year was in Alt-A loans, a class of mortgages for borrowers who cannot document all their income and assets.

ECONOMIST: American banks