When mortgage default rates started to climb earlier this year, many experts thought the damage would be confined to the minority of issuers that had binged on subprime lending.

• （繁）今年年初住房抵押贷款违约比率开始上升，当时许多专家认为违约率的上升只会对少数狂热发放次级贷款的机构造成损害。