Examlex
Oxidation and hydrolysis can chemically alter parent material.
Sub-Prime Borrowers
Individuals who have poor credit histories and are considered high risk for defaulting on loan payments, often facing higher interest rates.
Housing Boom
A period characterized by rapid increases in the value of residential properties, often leading to increased building and investment in housing.
Default Rates
The percentage of borrowers who fail to repay their loans according to the terms of their agreements.
Foreclosure Rates
The percentage of properties undergoing the process of legal repossession by lenders due to borrowers' failure to make mortgage payments.
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