【Native Speaker每日综合训练—38系列】【38-16】经管 Mortgage

lxskyfly

SPEED
1. Mortgage rate drops, beyond expectations of experts, and it causes home sales.
2. S company has ever misled customers to take part in Fed program for reckless mortgage. Now S is about to pay 320M for Fed probe of the program.
3. 3 methods are taken by Bank of England and government, aiming at taming the bubbles in red hot housing market in Britain.
4. Lasting affects of the measures stepping on hot housebuying market.
5. In spite of high homeprices and various fees, buying a house is still a "cheaper" choice in most 10 biggest cities in US.

vsetteacher

7/5
1:32, 2:08, 1:08, 1:09, 55, 4:24
Underwrite
Allegation
A close call
Machismo

czgygz

Speaking:
Changes: Frannie Mae & Fraddie Maca has become a bigger priority;a different

direction:remove obstacles.
Future of FMFM:the housing market has come back.
Lawsuit:not fair

Timing1 3:20
M rate lower to 4.12%
Timing2 2:18|1:49
SunTrust Mortgage settles federal probe for $320M
Timing3 1:35
three measures are taken to curb the reckless lending
Timing4 2:29
1.the market would continue to gather momentum
2.the interest rate may be forced to rise.
Timing5 1:45
1.buying one is cheaper than rent (>=7yrs)
2.this also depends on your personal plan

Timing6 13:54
1.Background info: Women and their families now contribute to their partner’s home purchases in 70% of cases
2.Macho posturing is another obstacle that joint registration of property faces

做得好慢啊啊啊

hongkongoodluck

Fannie Mae and Freddie Mac
【2】mortage rate remained low
【3】fund was made to improve the housing program and help the poor
【4】bubble was big and economists suggested to prevent the economy running off the rails in the future without jeopardizing the recovery now
【5】measures should be taken to raise the rates
【6】 buying house cheaper than rent
【7】it is hard for a man to have a bride without a house in China. It is possible for women to purchase houses with men now,however, man want to be the only owner in law because of his self-respect.

fywqrah

Speaker:
Recently big changes are happening in housing policy that allow more people to qualify mortgages are allowed.
Defintition of FHFA.
These changes are: 1,remove obstacles for people to get mortgage. 2. reduce size of loans 3. The government is playing greater role in stabalizing neighborhoods.
The overrall future about F :Should FHFA be dismantled ?
The government bailed out F and tool control of it, but there was the economy recession and they suffered a loss.Now the housing market comes back and they are being paid back. So they started to rethink the problem.
It also faces a bunch of law suits from the investors that feel unfair to pay back many of their profits.

Time2: 1:39
The mortgage rate was lower than expected and supprised the experts who though the mortgage would rise when Fed reduced bond purchasing.
Lower rates means lower payments and more sales of houses. Some investors began to lock in the low rates.
Time3: 2:12
SunTrust Mortgage paid millions to settle fed probe. Because it misrepresented or omitted informantion, it has to pay investors, law forcement agencies and other institutions.
Suntust has done the right thing and proved a victory for Americans who will receive counseling and other assistance when faced with financial challenges.
Time4: 1:01
Mortgage in U.K is increasing and the government worried that reckless lending might lead to bubble which will burst when interest rates rise. They took three measure to curb some of the excesses.
Time5: 1:41
Experts said that the market would continue to gather momentum. The bank of England anounced that further measures will be taken if neccessary. The interest rate was rising since 2008 crisis and some economists expected more increase due to unemployment.
Time6: 0:56
Now it is cheaper to buy a house in England. Also it depends on location when buying a house. Cheaper prices and rentings means that transaction costs will be offset by benefits.

obstacle: 6:18
New pressure from marriage in China now comes from property. A man would be hard to find a bride if he could not afford a house. Most women in China would consider house condition when it comes to marriage. Other social forces also help keeping this pressure. Naked marriage was pursued by more young people, but they are getting more realistic when they grow older.
The house pressure from marriage resulted high prices in China's housing market, especially there are more men than women in this society.
Male competition in property lead to overpriced houses. Only those resourceful males can get married. However, women and their family started to contribute to property buying.
Only a few percentage of women successfully added their names on the house certificate. But most of them have lost chances to get accumulation of wealth. However, joint registration faces many social obstacles from the males and their families. Also, wives are required to compensate mortgages after divorce even she does not own that house. Men can affors the mortgages only because women afford other expenditures.
Even the couple afford the payment together, male would insist owning the house alone to prove their prides.

leo688

Part I: Speaker

The US government bailed out F&F to turn off some obstacle from loading mortgage for more people.
Wall ST takes more power from gov
the gov was accused taking advantages from F&F

[Time 2]
1'25
mortgage rate remains low
comparison of monthly payment and rate

[Time 3]
2'23
Suntrust agree 320M to probe fault
save customers
improve service and flaw during 2006~2012

[Time 4]
1'5
hardly to manage UK housing
3Ps to prevent jeopardizing
1- 4.5 times more income
2- no more for H@B program
3- buffer for interest increasing

[Time 5]
1'28
diff sounds/responds for UK center bank's announcement about cap on mortgage

[Time 6]
1'18
depends on location, duration, diff favor on buying and rent

Part III: Obstacle
6'6
the real estate element impacts Chinese marriage
a couple need a flat for marriage
bride's name documented
even devoice, wife gets a half
to own a home, to be macho

TaoRs92

Mortgage rate keep becoming lower.
Easy to pay for housing every month.
Exceeds expectation.
Fed starts to take action.
When the rate will climb again remains to observe later.
---------
SunTrust agrees to settle money to resolve allegations.
Data and details.
---------
Mortgage lending in UK may negatively impact UK's borrowers.
Three measures to better control and improve the circumstance.
---------
Prediction of the future tend.
Positive expectation, but the Bank of England will still take actions if necessary.
---------
Renting or buying. Which is cheaper. Different cities have different circumstances.
House prices is not the only factor. Location and other factors also play roles.
Particular case.
---------
Marriages in China.
Before--bond to knots.
Now--bond to mortgage and property.
The example. Naked marriage.
Competition in marriages can explain the high price in housing market.
For men, they spend much on property in order to find a bride.
For women, they receive more from their parents and earn more, they also help their husbands to invest in property.
Many women may not register their name in the property. This situation keeps change. The revision of divorce rules in China also helps better settle this problem. But women still face many difficulties to get their rights--
1 ideology/men's dominated images in property ownership.
2 women may not pay for the property, but many of them pay for other things--furniture...and they may not get compensation.
This phenomenon in China. Another bubble that may burst.

wensd1111

1 A 01:23
2 A 02:28
3 A 01:11
4 A 01:32
5 A 01:03
6 A 04:57
property is becoming more and more important to a marrige, expecially for male. the percentage brides register their name under property increased, and the law promit the property register before marrige. if a couple diverced, the law will give each property ownership, even female do not contribute to the mortage, the reason is that they contribute to the family.

疯狂的狐狸

Done~~~~~~~~~~~~~~~~

jokerking

spd :  1.22   2.52   1.16   1.42   1.02
ob  :  5.13 macho posturing 装腔作势。。。
       jointly = together