情報アイランド

「情報を制する者は世界を制す」をモットーに様々な情報を提供することを目指すブログです。現在はプログラミング関連情報が多めですが、投資関連情報も取り扱っていきたいです。

ディクテーションの実例49 不動産担保証券(MBS)について

不動産担保証券(MBS)について説明している下の動画でディクテーションをしてみました。

Understanding Mortgage-Backed Securities
http://www.investopedia.com/video/play/what-are-mortgage-backed-securities/

下がディクテーションしてみた結果です。私はリスニング力が低いので聞き取れなかった部分もありました。そのような部分は?で表しています。また、リスニング力が低いため聞き間違えている部分も多いかと思います。

もし聞き間違えている部分を見付けたら、コメントで教えてくださるととてもありがたいです。


mortgage backed securities or mbs are a type of bond representing an investment in a pool of real estate loans. to understand what a mortgage backed security is, we need to go over what happens when a bank issues a mortgage. let's look at how a mortgage becomes in a mbs. tawney wants to buy a house costing $500,000. usually tawney will go to his bank to apply for a mortgage for $500,000, and in return for loaning this money, the bank will make towney pay interest on the loan at, say, 8%. before the world of mortgage backed securities, the bank would simply keep this loan on its books and receive principal and interest for the duration of the loan, say, 30 years. one downside of this arrangement was that the bank had to keep this loan for 30 years, tying up capital and resources. one day, the bank had an idea. it could sell the stream of interest, the 8%, and principal payments from tawney's loan to investors to get out of the bank's books and free up capital at the same time. the bank will make money simply from originating and servicing mortgages and from other associated fees. in order to sell the interest streams to investors, the bank bundles tawney's loan together with hundreds maybe even thousands of other mortgages. then, the bundle of mortgages is sold to an investment bank in the form of a single bond. the investment bank partitions the pool of loans according to quality and sells the sections to other investors. so, although tawney makes payments to his bank, the loan is actually in the hands of investors. mortgage backed securities are essentially a way for bank to free up capital and provide a way for investors to buy into mortgages.


難しめの単語や熟語の意味です。

pizyumi
プログラミング歴19年のベテランプログラマー。業務システム全般何でも作れます。現在はWeb系の技術を勉強中。
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