At the sharp end, mortgage brokers bent the rules to get subprime borrowers to sign "liars' loan" documents, encouraged by the insatiable demand from Wall Street banks for mortgage securities.
The bank officer says the bank will need some kind of security for such a loan. so the man hand over the keys of a new Rolls Royce parked on the street in front of the bank.
客服经理说银行规定这样的借贷需要有担保，于是这人递上停在银行外街边的一辆劳斯莱斯新车的钥匙。
3
The overheated pursuit of Wall Street of the collateralized debt obligation(CDO) and housing mortgage loan bond(MBS) has gradually pushed the Assets equity ratio higher.