'I hope the private sector will come in,' he said, but noted that there is currently a reluctance to buy mortgage securities because of the uncertainty around rights as a first-lien holder.

他说，我预计私营部门将会进场，但他指出，由于第一留置权人权利不明，目前投资者有些不愿意购买抵押贷款证券。

youdao

Some 10-20% of the exchange's turnover has to be auctioned as "second-lien", meaning that a bank stands ahead of the investor, in the event that the buyer of the goods goes bust.

交易所的10 - 20%的销售额作为“第二留置权”被拍卖，意味着银行作为带头投资者，很可能失去顾客。

youdao

Some of Meridian's biggest creditors were hedge funds which held a lot of first- and second-lien debt and in effect had a blocking vote in both classes.

Meridian[font=宋体]最大的债权人有一些是对冲基金，持有大量的一、二级抵押债务并能够代表这两个级别的债权人进行投票。

youdao

Existing lenders were in a power position, having to amend to approve the incremental debt used to fund the dividend, and second-lien investors in particular were concerned about the additional first-lien debt coming in ahead of them.

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Of course, second-lien debt is a niche product for issuers that require higher leverage than is usually available in the first-lien market, but that in many cases are locked out of the regular-way high-yield bond market because of size, credit quality, or complexity.

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If the tax goes unpaid, the IRS and the State tax authority will issue notices of tax lien against husband and wife and record them in the local register of deeds office.

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