The new code expanded the scope and definition of financial transactions not covered by bankruptcy rules to include credit default swaps and mortgage repurchase agreements.
新破产法扩大了金融交易的范围和定义,添加了破产法以前没有涵盖的信用违约互换和抵押贷款回购协议。
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A "Subprime borrower" is somebody who has a poor credit history or some other indication that would suggest that they might not be able to repay the mortgage — they might default.