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1·The loan will be secured by a good and sufficient first mortgage on the house.

该贷款将以房屋的首次而充分的抵押为担保。

2·Buyers must make at least a 50% down payment on a second home, even if it is their first mortgage.

买房必须至少支付50%的第二个房屋贷款，即使他们是第一次抵押贷款。

3·The mortgage loan originates from the first mortgage market and is traded in the secondary mortgage market, where MBS comes into being.

一级抵押市场是抵押贷款的发起市场，二级抵押市场是抵押贷款交易和流通的市场，抵押支持证券产生于二级抵押市场。

4·The maximum second mortgage is 20% of Listed Price. The tenor of second mortgage is of a maximum of 20 years or the tenor of first mortgage.

第二按揭最高为楼价20%。第二按揭年期最长为20年，惟不得超过第一按揭贷款之年期。

5·The Treasury is expected to take a week to set up the auctions for the first mortgage purchases, and the first purchases could therefore take place within weeks.

财政部计划用一周的时间来准备安排第一笔购买抵押贷款资产的拍卖会，因此第一笔购买交易会在几周内完成。

6·Initially, the Fund will buy discounted pools of commercial mortgage debt and originate first mortgage and mezzanine loans on high-quality commercial real estate properties.

首先，这期基金将用于以一定的折扣购买商业抵押贷款债务，并建立第一期针对高端商业房产的按揭房贷。

7·But if you pay them first, you'll make sure you still pay your rent or mortgage, utilities, groceries and gas... so you'll just cut back on other spending.

如果你先存款和还贷，由于你会确保有钱付房租或房贷、电费、生活日用品和汽油…你的其他开销自然而然减少了。

8·Before this regulation took effect, many people's priorities would have been mortgage first, credit card second; now, many borrowers have reversed the order.

在这个条例产生效果以前，许多人还贷顺序是抵押贷款第一，信用卡第二。现在，许多借款人已经调转了这个顺序。

9·What about saving more money first and starting with a smaller mortgage?

节省下更多的钱，从一笔较小的的抵押贷款开始又如何？

10·Dragged down by a drop in the value of its mortgage inventory, the company reported its first quarterly deficit since it opened for business in 1923.

受到抵押贷款资产贬值的拖累，该公司自1923年成立以来第一次出现了季度赤字。