Your English writing platform
Discover LudwigSuggestions(5)
Exact(11)
Almost $1 billion can be used to help families that have already defaulted move out.
Tens of thousands of those people have already defaulted and have been evicted.
They argue that the tighter standards, combined with the fact that the riskiest customers have already defaulted, make a new default wave less likely.
Many commercial lenders, similarly, would shy away from such a program because it involves writing mortgages for borrowers who have already defaulted once — a high risk for a small reward.
So investors face a limited upside and a big downside.That has tended to push investors towards ever riskier assets, such as CCC-rated bonds the lowest category excluding those issuers that have already defaulted.
Several of the provinces, which have combined debts of $22 billion, have already defaulted on their bonds and most are behind in paying their teachers and other public servants or are relying on scrip to meet their obligations.
Similar(49)
Sometimes, the country has already defaulted on these bonds.
But it has already defaulted on the expectations and dreams of many of its citizens.
It is suffering from a huge debt buildup and has already defaulted on some borrowings.
Because it has already defaulted on other loans, it cannot easily borrow any more money from banks.
Mr. Farley has already defaulted on the $796 million in bank loans he took out to do the West Point deal.
More suggestions(15)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com