of regulatory agencies is very beneficial.

这是非常有益的
The division is what hampered regulators from

正是这些分歧阻碍了
dealing with the financial subprime crisis.

监管部门处理次贷危机
People knew that a lot of bad loans were being made

大家知道大量不良贷款正在产生
or loans were being made to people who shouldn't be getting them.

或是贷款发放给了不符合贷款要求的人
Low-income people were being given adjustable rate mortgages

低收入人群获得了初始利率很低的
with very low starter rates,

浮动利率按揭贷款
called "Teaser rates," that would be raised in the future.

即所谓诱惑利率这种利率未来会上升
They were given them with--

这种房贷
in such a way that after the rates were raised,

当利率上升之后
they likely couldn't afford to pay the mortgage anymore

他们将难以偿还房贷
or they'd be under great stress in trying to do so.

或将承受巨大的还贷压力