Sentence examples for serious default from inspiring English sources

About 4.3 million households are either in serious default or in foreclosure.

Its reward has been a Depression-level slump — and financial markets continue to treat it as a serious default risk.

They became less likely to have a serious default on their cards, and more likely to bet on good credit risks later in life.

Mr. Baca made clear Tuesday that he would push hard to include in a compromise bill the creation of a new government agency, the Family Foreclosure Rescue Corporation, which would finance loans to people in foreclosure or serious default.

See articleChina's banking regulator indicated that the country's banks face serious default risks on about 20% of the 7.7 trillion yuan ($1.1 trillion) they have lent to local-government financing vehicles.

Mortgages that are in serious default, which means at least 90 days past due, fell to 9.11 percent of all loans from 9.54 percent in the first quarter, the banking association said.

Lotfi Raissi, the Algerian wrongly accused of training pilots involved in the 9/11 terrorist attacks in New York, was given the go-ahead yesterday to renew his bid for government compensation for "serious defaults" by police and the Crown Prosecution Service.

The judge said the appeal court, which also included the Master of the Rolls, Sir Anthony Clarke, and Lady Justice Smith, took the view that there was a "considerable body of evidence" to suggest the police and the CPS were responsible for what the ex gratia scheme describes as "serious defaults".

I don't subscribe to the extreme disaster scenarios for China but even a short period of low growth will cascade through the world economy as Chinese imports contract sharply, commodity prices fall further, surplus steel and other industrial goods hit glutted markets, dodgy Chinese credit leads to serious defaults and excess savings spill over into the Western financial system.

Not only have the speculative tranches shattered, but going up the quality ladder, bulletproof tranches, so-called "A" or better credit ratings are experiencing serious defaults and write-downs.

Disposable income fell by a quarter after the crash, and 30,000 people – one-tenth of the population – have fallen into serious loan default; thousands of homes have been repossessed.