The Treasury is expected to take a week to set up the auctions for the first mortgage purchases, and the first purchases could therefore take place within weeks.
财政部计划用一周的时间来准备安排第一笔购买抵押贷款资产的拍卖会，因此第一笔购买交易会在几周内完成。
The mortgage loan originates from the first mortgage market and is traded in the secondary mortgage market, where MBS comes into being.
一级抵押市场是抵押贷款的发起市场，二级抵押市场是抵押贷款交易和流通的市场，抵押支持证券产生于二级抵押市场。
The maximum second mortgage is 20% of Listed Price. The tenor of second mortgage is of a maximum of 20 years or the tenor of first mortgage.
第二按揭最高为楼价20%。第二按揭年期最长为20年，惟不得超过第一按揭贷款之年期。
The maximum second mortgage is 20% of Listed Price. The tenor of second mortgage is of a maximum of 20 years or the tenor of first mortgage.
第二按揭最高为楼价20%。第二按揭年期最长为20年，惟不得超过第一按揭贷款之年期。
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