The bank's giant retail division made a loss in the first quarter, thanks to mortgage write-offs and legal costs.

它最大的零售部门在第一季度遭到亏损，主要原因是抵押贷款坏账冲销和法务成本的增加。

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In America, where overall debt levels have fallen fastest, a lot of the reduction in household debt has been thanks to mortgage defaults and write-downs.

在总体债务水平下降最快的美国，家庭负债减少有很多是住房抵押贷款违约和价值减记的结果。

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After all, the news has been so gloomy, what with the write-downs on mortgage-related bonds, the exposure to a slowing American economy and the crisis at Bear Stearns.

关于金融股的消息的确一直都很负面：抵押贷款相关债券损失、美国经济减速风险，还有贝斯登(Bear Stearns)危机。

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Of course, banks would be reluctant to do it by themselves, but the government's coming with a checkbook to write the money, so they can make the mortgage, and guarantees it.

当然,银行不愿亲自操刀,但是政府带着大量拨款来了,由他们发放抵押贷款,并给予担保

耶鲁公开课 - 金融市场课程节选

These could take the form of tax write-off provisions for mortgage write-downs and a tax exemption on the shared appreciation.

FORBES: Magazine Article

The administration wants to grant bankruptcy judges the power to write down the value of a mortgage until it is affordable for the person in bankruptcy.

FORBES: Magazine Article

This would tweak the existing bankruptcy provision known as Chapter 13 to allow judges to write down the value of a primary mortgage.

ECONOMIST: Economics focus