Sentence examples for borrower defaults from inspiring English sources

What happens if a borrower defaults on their loan?

It is hard, if not impossible, to grab assets when a sovereign borrower defaults.

If the borrower defaults, the government would only be able to seize the real estate.

Insurance that protects a lender against loss if a borrower defaults on a loan.

Mortgage insurance: Insurance that protects the lender against loss if the borrower defaults on the loan.

If a borrower defaults then Kiva's lenders do not get repaid.

Mortgage insurance protects lenders in case a borrower defaults on a loan.

If a borrower defaults, a bank can claim back the property used as collateral, but nothing more.

If a borrower defaults on a mortgage, the bank has the right to go after personal assets.

Loans with unnaturally low teaser rates that expired relatively quickly were more responsible for borrower defaults and foreclosures.

One reason is more defaults of mortgage insurance which, ironically, protects against borrower defaults due to auto industry job losses in the Great Lakes.