As housing is now becoming even more unaffordable, yields are dropping and defaults loom.
The market seized up, creditworthiness came into question and defaults due to an inability to refinance soared.
Since American firms and households are so much in debt, bankruptcies and defaults are sure to mount.
Issuers of private-label cards, stung by high delinquencies and defaults, pulled back sharply due to the financial crisis.
There are some signs of stability, but too many homes are for sale and defaults are rising fast.
However, the return journey from rampant inflation and asset bubbles always carries insolvency and defaults along for the ride.
He has also has been hit with several judgments related to unpaid bills, child support payments and defaults on education loans.
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As the massive, global credit bubble continues to unwind, both through inflation and defaults, gold will continue to rise against commodities.
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In the worst case, rising debts and defaults depress growth, poisoning the economy by deepening deflation and pressing real interest rates higher.
Mortgage delinquencies and defaults are rising, and at the same time sales prices in some of the hottest markets have leveled off or are in decline.
The ratings agencies have worried in recent months that there could be a surge in bond insurance claims because of rising delinquencies and defaults among mortgages.
Bloomberg said Germany is preparing plans to shore up its banks in the event that Greece fails to meet the terms of its aid package and defaults.
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Prepayment risk is one of the big risks in owning mortgage-backed securities, but there are many others, including the risk of rising interest rates, falling interest rates, and defaults.
The credit-card firm has done much to right itself since 2001, when the economic slowdown hit its sub-prime customers (ie, those considered too risky for mainstream loans) particularly hard and defaults soared.
Global commercial real estate markets are posing huge threats to economic recovery, consumers and businesses are still paying down their debts, and defaults in eastern Europe are not dissipating, to name a few.
And more importantly, you're going into a situation where some of the provisions that were set aside actually are too high for the delinquencies and defaults that come through, and that's a positive earnings surprise.
It also will magnify the mortgage delinquencies and defaults, and severely depress the value of existing mortgages and derivatives backed by them In recent quarters, banks have booked profits as they reduced their reserves against potential loan losses, but that process will be dramatically reversed.
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The Complaint alleged that Mozilo, Sambol, and Sieracki knew that Countrywide was writing increasingly risky loans and that defaults and delinquencies would inevitably rise among loans that Countrywide serviced or had packaged and sold as mortgage-backed securities.
Ms. CHU: We're seeing more and more defaults, more and more delinquencies.
Defaults and threats of defaults were common.
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But because they've had so much - so many problems and so many defaults and so many foreclosures go on, that even people with perfect credit today are having a tough time borrowing the money to buy a house that they can afford.
As I study FDIC financial data, I find that some of these banks are large players in the mortgage market and have significant exposures to defaults and foreclosures and Other Real Estate Owned.
Today's situation is grim, but currency crises and sovereign defaults would only make the mess worse.
But financial stresses on states and municipalities have soared, and potential defaults threaten Travelers.
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He has been actively involved in fixed income investing and bond defaults since 1976.
What's the circuit breaker that would prevent the tumbling dominoes of bank and sovereign defaults?
But an inevitable series of corporate and banking defaults are likely to hasten the economy's decline.
In 1982 Mexico was in the midst of economic collapse amid runaway inflation, interest rates and debt defaults.
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