作业帮求一篇关系美国次贷危机的英文文章
来源：学生作业帮 编辑：作业帮 分类：英语作业 时间：2024/05/09 06:17:09
求一篇关系美国次贷危机的英文文章
字数在200左右,记住是英文的,来中文的不给分,谢谢```分少人情大,再谢
字数在200左右,记住是英文的,来中文的不给分,谢谢```分少人情大,再谢
The subprime mortgage crisis is an ongoing financial crisis characterized by contracted liquidity in global credit markets and banking systems triggered by the failure of mortgage companies,investment firms and government sponsored enterprises which had invested heavily in subprime mortgages.The crisis,which has roots in the closing years of the 20th century but has become more apparent throughout 2007 and 2008,has passed through various stages exposing pervasive weaknesses in the global financial system and regulatory framework.
The crisis began with the bursting of the United States housing bubble and high default rates on "subprime" and adjustable rate mortgages (ARM),beginning in approximately 2005–2006.For a number of years prior to that,declining lending standards,an increase in loan incentives such as easy initial terms,and a long-term trend of rising housing prices had encouraged borrowers to assume difficult mortgages in the belief they would be able to quickly refinance at more favorable terms.However,once interest rates began to rise and housing prices started to drop moderately in 2006–2007 in many parts of the U.S.,refinancing became more difficult.Defaults and foreclosure activity increased dramatically as easy initial terms expired,home prices failed to go up as anticipated,and ARM interest rates reset higher.Foreclosures accelerated in the United States in late 2006 and triggered a global financial crisis through 2007 and 2008.During 2007,nearly 1.3 million U.S.housing properties were subject to foreclosure activity,up 79% from 2006.
Major banks and other financial institutions around the world have reported losses of approximately US$435 billion as of 17 July 2008 The liquidity concerns drove central banks around the world to take action to provide funds to member banks to encourage lending to worthy borrowers and to restore faith in the commercial paper markets.The U.S.government also bailed out key financial institutions,assuming significant additional financial commitments.
中文意思：
这次的次贷危机其实是一场以全球的信贷市场和银行体系流通性全面收缩为特征的现行金融危机,究其原因,正是抵押公司,投资公司和那些在次贷业投入巨资的国有企业的失败操作所造成.
这次危机由美国房市泡沫的破裂开始,次贷业务和可调利率抵押贷款业务开始岌岌可危,其实在2005年到2006年就已经出现这些苗头了.在那之前很多年,一降再降的借贷标准,诸如零首付等贷款激励措施的增加,以及长期的房价上涨趋势大大的鼓励了人们去大量借贷,并且还使人们相信他们很快会从更优惠的措施上还贷.尽管如此,当2006到2007年美国的部分地区利率开始攀升,并且房价开始缓慢下降时,还贷开始变得困难.一旦那些优惠的首付条件到期,拖欠贷款和丧失抵押品赎回权的现象陡然增加,可调利率抵押贷款的利率重新高涨.丧失抵押品赎回权这一现象在2006年的美国开始愈演愈烈并最终于2007到2008年造成了一场全球性金融危机.在2007年,将近1300万处房产丧失抵押品赎回权,相比2006年增长了79%.
全球各大银行和金融机构已经报道,截至2008年7月17日,危机已经造成了4350亿美元的损失 对流通方面的忧虑促使世界各大中央银行给他们的子银行提供基金,用来鼓励那些有价值的借款人并且让人们在商业票据市场重塑信心.美国政府也为那些重要的金融机构作出担保,并做出了一些额外的重要的金融允诺.
The crisis began with the bursting of the United States housing bubble and high default rates on "subprime" and adjustable rate mortgages (ARM),beginning in approximately 2005–2006.For a number of years prior to that,declining lending standards,an increase in loan incentives such as easy initial terms,and a long-term trend of rising housing prices had encouraged borrowers to assume difficult mortgages in the belief they would be able to quickly refinance at more favorable terms.However,once interest rates began to rise and housing prices started to drop moderately in 2006–2007 in many parts of the U.S.,refinancing became more difficult.Defaults and foreclosure activity increased dramatically as easy initial terms expired,home prices failed to go up as anticipated,and ARM interest rates reset higher.Foreclosures accelerated in the United States in late 2006 and triggered a global financial crisis through 2007 and 2008.During 2007,nearly 1.3 million U.S.housing properties were subject to foreclosure activity,up 79% from 2006.
Major banks and other financial institutions around the world have reported losses of approximately US$435 billion as of 17 July 2008 The liquidity concerns drove central banks around the world to take action to provide funds to member banks to encourage lending to worthy borrowers and to restore faith in the commercial paper markets.The U.S.government also bailed out key financial institutions,assuming significant additional financial commitments.
中文意思：
这次的次贷危机其实是一场以全球的信贷市场和银行体系流通性全面收缩为特征的现行金融危机,究其原因,正是抵押公司,投资公司和那些在次贷业投入巨资的国有企业的失败操作所造成.
这次危机由美国房市泡沫的破裂开始,次贷业务和可调利率抵押贷款业务开始岌岌可危,其实在2005年到2006年就已经出现这些苗头了.在那之前很多年,一降再降的借贷标准,诸如零首付等贷款激励措施的增加,以及长期的房价上涨趋势大大的鼓励了人们去大量借贷,并且还使人们相信他们很快会从更优惠的措施上还贷.尽管如此,当2006到2007年美国的部分地区利率开始攀升,并且房价开始缓慢下降时,还贷开始变得困难.一旦那些优惠的首付条件到期,拖欠贷款和丧失抵押品赎回权的现象陡然增加,可调利率抵押贷款的利率重新高涨.丧失抵押品赎回权这一现象在2006年的美国开始愈演愈烈并最终于2007到2008年造成了一场全球性金融危机.在2007年,将近1300万处房产丧失抵押品赎回权,相比2006年增长了79%.
全球各大银行和金融机构已经报道,截至2008年7月17日,危机已经造成了4350亿美元的损失 对流通方面的忧虑促使世界各大中央银行给他们的子银行提供基金,用来鼓励那些有价值的借款人并且让人们在商业票据市场重塑信心.美国政府也为那些重要的金融机构作出担保,并做出了一些额外的重要的金融允诺.