similar to the anger that we saw in the 1930s.

这跟20世纪30年代一样
HOLC is no longer with us;

房主贷款公司已经不存在了
it was actually set up as

它事实上只是
a temporary corporation by the government.

一个政府临时设立的公司
The FHA is still with us

联邦住宅管理局还在
and we just had an FHA Modernization Act;

我们有联邦住宅管理局现代化法
Congress is starting to propel that forward

国会正在进一步实施这个法案
so it'll be a bigger part of our-–

它会变成市场的一个重要部分
I wanted to say a little bit about the math of mortgages.

我想讲一点抵押贷款的数学知识
The typical

典型的抵押贷款
--I'm going to talk about the conventional thirty-year mortgage,

我先介绍普通30年期抵押贷款
which has been a standard in the United States

从20世纪50年代初起