The term real estate used here means State owned land, of which the right of use it (hereinafter referred to as land use right), structures on it and other attachments have been granted.

第三条本规定所称房地产，是指城镇国有土地使用权及其地上建筑物、其他附着物。

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As I study FDIC financial data, I find that some of these banks are large players in the mortgage market and have significant exposures to defaults and foreclosures and Other Real Estate Owned.

FORBES: Bank Stocks: Too Big To Fail But Too Risky To Buy