Sentence examples for subprime tools from inspiring English sources
The days of "Alt A" loans other subprime tools are long gone.
The whole idea of subprime mortgages was that they were a tool for powerful institutions to suck in the little guys and then really put the screws to them.
They were used to insure hundreds of billions of dollars worth of securities backed by subprime mortgages, but they also became a huge speculative tool in their own right.
It was shrewder in part because it played a key role in the creation of the derivatives index, ABX, which became the prime tool for hedging the market and driving down the price of subprime mortgage backed bonds.
And the subprime explosion since the early 1990's has been fueled by both the booming economy and the creation of new tools that allow lenders -- including Wall Street investors -- to rapidly assess the risk posed by a whole new group of potential borrowers.
Take that, subprime lenders!
A Pakistani subprime mortgage, perhaps?
These were called subprime loans.
Subprime defaults started to climb.
This was not subprime lending.
