Not exact matches
For
example, if a lender
such as Wells Fargo or Bank of America makes a loan to a homeowner and that homeowner stops making payments, the loan
defaults and the bank takes a loss.
Stocks
such as Tesla ($ TSLA) or Apple ($ AAPL) are two
examples of the big dogs that many traders simply
default to monitoring and trading every day.
This style of investing assumes there is a small likelihood of a
default on a subordinated high yield issue from a high - quality issuer
such as Vodafone, HSBC Holdings or Prudential for
example.
For
example the policies to make homes more affordable and to get
as many people into homes has back fired
as such policies drove prices higher and caused
default resulting in fewer people owning homes
as defaults and foreclosures increased.