Sentences with phrase «said widespread defaults»
But the ratings agency said widespread defaults remained a tail risk, or a potential scenario with only a small probability of occurring.
https://www.cnbc.com/ Not exact matches
«Many years ago, a good borrower would avoid using strategic default because then you would have a stigma on your image that may impact your future borrowing power,» says David T. McLain, principal with Palisades Financial LLC, a commercial real estate lending and advisory firm based in Fort Lee, N.J. «What you are seeing now, when the downturn has led to widespread defaults, they are no longer fearful because their belief is that when the economy recovers, this will be overlooked and they will be able to borrow.»