高人帮手翻译一下!!最好分个段

来源:百度知道 编辑:UC知道 时间:2024/07/02 20:01:02
The mortgage conduit can be an independent firm that purchases the mortgages from originators, or the conduit and the originator may be the same firm.

A special problem arises when the mortgage borrowers are late in making their payments, or when the borrowers default on all payments. Although in principal the risk of late payment or default could also be passed through to the investors, in practice most mortgage securities are designed to make this
a highly unlikely event. We next consider the common measures taken to eliminate default risk.

3.B Measures to Eliminate Default Risk on Residential Mortgage Securities
Investors in mortgage securities face a moral hazard, namely that the conduit firm creating the security would place high risk mortgages in the pool. To protect against this possibility, most residential mortgage securities provide investors with nearly complete protection against losses
created by default. This has been a

按揭管道能够成为一个独立的公司,购买了抵押,从原创者,或管道与发端可能是同一家公司。

一个特殊的问题出现时,抵押贷款的借款人都是在后期制作发放福利金,或者当借款人违约的所有款项。虽然在主要的风险,延迟支付或过失也可以通过向投资者,在实践中最按揭证券的,目的是为了使这
一个高度不大可能发生。我们接下来考虑共同采取的措施,以消除违约风险。

三b节措施,以消除违约风险就住宅按揭证券
投资者对按揭证券面临的道德风险,那就是,管道公司创造了安全的地方高风险抵押在游泳池。为了防止这种可能性,大部分的住宅抵押贷款证券投资者提供几乎可完全防范损失
创建默认。取得这样的成绩,在多种方式。