Sentence examples for buyers defaulting from inspiring English sources

Instead, its help — including loans, loan guarantees for foreign buyers of American-made goods and insurance against buyers defaulting — is available to any U.S. exporter of American goods who shows that private banks won't provide financing on terms that allow it to compete with foreign manufacturers.

The strategy backfired when many buyers defaulted.

In 2008, when the housing market crashed, buyers defaulted on 900 Trump apartments, according to Dezer.

The McGehees sold the land once before, but the buyers defaulted, giving the land back to the family, Borella said.

They did this because a) they would get stuck with the property if the buyer defaulted and b) regulators insisted on prudence.

It was sold at Sotheby's for $83.2m in 2013, but has been reacquired by the auction house and valued at $72m after the buyer defaulted.

Garcia sold the Cape Florida property in 1957 for US$9.5 million, but the buyer defaulted and died the next year.

Now here's the rub, if the buyer defaulted, it was the seller's problem, not the banks...because the bank was not the lender.

Some buyers don't actually need cash, but they have asked financially stable relatives to act as guarantors, agreeing to make payments on the mortgage if the buyers default.

If the buyers default as often as their true credit scores suggest they should, the holders of mortgage-backed securities end up with losses, which seems to have been the case in the subprime crisis.

About 1 in 4 buyers default.