在证券化过程里，证券发起人务必更多地披露关于贷款池的信息，而且自身必须持有该产品的一定数量。

In securitisation, originators will have to disclose more information about loan pools and hold a slice of their products.

youdao

由于市场、制度等环境的不同，各国在证券化过程中面临的问题也不尽相同，我们不能完全照搬国外的经验。

As the environment's difference between market, system and so on, every country faces to the different problem during securitization.

youdao

的确，在一段时间，证券化的热潮让银行在教科书中的原始作用变得多余。

For a while, indeed, the securitisation boom made the old textbook role of Banks seem somewhat redundant.

youdao

So there's a panic in the market for securitized mortgages - and the price is often very low or if it's they're very hard to market and hard to sell.

所以，在市场上,证券化按揭贷款引起了恐慌,并且价格通常很低或者说如果它,他们很那出售而且对市场不利。

耶鲁公开课 - 金融市场课程节选

These mortgages were given out to people that couldn't afford them and today you have what you call subprime mortgages--subprime paper They issued against this paper stuff called mortgage-backed security. They securitized them and these things are all floating around now.

我们发放这些抵押贷款给那些买不起房子的人,所以现在你们看到了一种你们叫做,次级抵押贷款的金融工具--次贷票据,他们把这种票据叫做,有抵押证券，他们把有抵押证券证券化,这些证券现在在市场上被多次交易，广为流通。

耶鲁公开课 - 金融市场课程节选