When the housing market began to slow, lenders pepped up the pace of sales by dramatically loosening credit standards, lending more against each property and cutting the need for documentation.

• 当房产市场开始放慢脚步，放款机构通过戏剧性的放宽信用标准来刺激销售的步伐，每处房产放宽更多，却不需要证明文件。