But rising rates are bad for credit origination and increase the debt-service burden for existing borrowers .

但是增长的利率并不利于信贷的发放，并且会加重现有贷款人债务负担。

A potential purchaser of the loan , however , is unlikely to value it at its origination value .

然而，该贷款的潜在买家不太可能会利用它的初始价值对其进行估值。

" Credit spreads have contracted , interest rates are down and liquidity in credit markets has recovered significantly , " said ken poon , head of capital markets origination for citi in asia pacific .

“信用价差已缩小，利率已降低，信贷市场的流动性已显著恢复，”花旗（citi）亚太区资本市场发起业务主管kenpoon表示。

Mr dudley said officials should consider ways " to foster competition in mortgage origination to ensure a more complete pass-through of low secondary mortgage rates to households " .

达德利表示，官员应考虑如何“促进抵押贷款发放业务的竞争，确保将较低的抵押贷款二级市场利率更彻底地传导给美国家庭”。

Like other wall street banks , lehman focused its initial job cuts on its mortgage origination and securitization businesses .

和华尔街的其他各大投行类似，雷曼最初的裁员计划锁定在其抵押贷款创设和资产证券化两个部门。