Sentence examples for subprime sector from inspiring English sources

If prices continue to fall, mortgage defaults will move well beyond the subprime sector.

The previous fall, O'Neal, worried about the deterioration of the housing market, had ordered his subordinates to limit Merrill's exposure to the subprime sector.

Yet as recently as March, Angelo R. Mozilo, the chief executive of Countrywide, appeared on CNBC and proclaimed that worries about the subprime sector were "clearly an overreaction".

"At this point," he said on June 5, "the troubles in the subprime sector seem unlikely to seriously spill over to the broader economy or the financial system".

They may not know why something went wrong, nor even what a subprime mortgage is, but they know that there is trouble in the subprime sector, and that trouble in the subprime sector has led to trouble in the housing market and trouble for the economy generally.

He started out with a profitable bet against the subprime mortgage market, but his team later bought contracts that would allow the firm to profit if the subprime sector stabilized.

Outside the subprime sectors, recent statistics suggest that a large chunk of the rising defaults come from "non-resident homeowners", the speculators and house-flippers for whom there is the least public sympathy.

Great uncertainty continues over the extent of problems in the subprime mortgage sector.

The mortgage and the letter were from Fremont Investment and Loan, a major lender in the subprime mortgage sector.

Those who found ways to bet against the subprime mortgage sector have watched that bet mint money.

"The buzzword at the beginning of this year was 'contained,'" said Quincy Krosby, chief investment strategist at The Hartford, a financial services company, referring to the subprime mortgage sector.