Subprime, interest-only and other kinds of mortgage instruments allowed people to buy their homes without a down-payment and without building up equity.

次级、付息及其它抵押借款工具允许人们在不预付定金和资本净值未不断增值的情况下购买房屋。

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Complicating matters, investors in complex mortgage-linked securities, who make money based on interest payments, could still balk, especially those who hold second mortgages or home equity loans.

令事情变得复杂的是，复杂的抵押贷款挂钩证券的投资者，那些靠支付利息赚钱的人，可能还在犹豫，尤其是那些持有第二抵押贷款或房屋净值贷款的投资者。

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Neither Party may pledge, mortgage or otherwise encumber all or part of its Equity Interest without the prior written consent of the other Party.

未经另一方事先书面同意，任何一方不得质押、抵押其全部或部分股权或对其全部或部分股权另行设置权益负担。

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College tax credits, tax deductions for charitable contributions, mortgage interest, home equity loan interest, and other popular write offs will likely be reduced or eliminated.

FORBES: The No-Pain, No-Gain Economy

Wholesale lenders competed aggressively for market share by undercutting the banks and creating sexy new mortgage products like home-equity, interest-only and low-documentation loans.

FORBES: Still Speculating In Australian Housing: More Punch, Mate!

An analysis by Jan Hatzius, an economist at Goldman Sachs in New York, shows that the pace of mortgage equity withdrawal depends on changes in interest rates and house prices, not on their levels.

ECONOMIST: Economics focus