Sentence examples for value of subprime from inspiring English sources

The market value of subprime assets continues to move around.

With the value of subprime securities still falling, that number could rise dramatically when fourth-quarter results are unveiled.

The value of subprime mortgages originated in America shot up from $190 billion in 2001 to $600 billion in 2006.

Finally, the value of subprime and Alt-A mortgage bonds has soared in secondary markets this year, assuaging investor anger.Banks have made clear that they will fight back.

UBS, Europe's biggest bank, said on Friday that it would close an American unit that invested in fixed-income securities as it scales back risk-taking after writing down the value of subprime mortgage investments by $14.7 billion last year.

At the end of 2006, Merrill Lynch paid $1.3 billion for First Franklin Financial, one of the biggest subprime lenders in the country, bringing the total value of subprime mortgages on its books to eleven billion dollars.

Its estimate of an $8 billion-11 billion fourth-quarter hit on its collateralised-debt obligations was made in early November, since when the market value of subprime-related debt has declined further.

Last November, Mike Mayo, an analyst at Deutsche Bank Securities, estimated that losses from falling values of subprime mortgages could reach $400 billion.

Just last week, Credit Suisse analysts said Fannie Mae and Freddie Mac, two government-sponsored buyers of home mortgages, may face losses of $16 billion because of declines in values of subprime mortgages on their books.

The spiking declines has nixed demand, and rocked values, of subprime-related securities.

Results were hurt by a $352 million loss the company took in writing down the value of its subprime holdings.