The new code expanded the scope and definition of financial transactions not covered by bankruptcy rules to include credit default swaps and mortgage repurchase agreements.
新破产法扩大了金融交易的范围和定义,添加了破产法以前没有涵盖的信用违约互换和抵押贷款回购协议。
A "Subprime borrower" is somebody who has a poor credit history or some other indication that would suggest that they might not be able to repay the mortgage — they might default.
次级借款人“指的是,那些信用记录较差的借款人,或在其他方面显示,他们很可能无力偿还贷款,也就是说他们很可能违约。”
To permit the two mortgage giants to default would set off a worldwide crisis.
如果允许这两个抵押贷款巨头欠款不还的话,可能会引起一场全球危机。
When home owners receive default notices from their mortgage companies, community advocates inform them of their rights.
VOA: standard.2010.02.17
A "Subprime borrower" Is somebody who has a poor credit history or some other indication that would suggest that they might not be able to repay the mortgage-- they might default.
次级借款人"指的是,那些信用记录较差的借款人,或在其他方面显示,他们很可能无力偿还贷款,也就是说他们很可能违约
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