1.   Fears of mortgage defaults are adding pressure to an already depressed property Market, while reports of industry feeling the squeeze proliferated.

2.   However, these developments are likely to take time to feed through into lower corporate liquidations and personal sector mortgage defaults.

3.   A survey by the corporation showed that homelessness was increasing because of unemployment, mortgage default and family break-up.

4.   Borrowers must also attend a home-buyer education class to guard against mortgage defaults.

5.   The dangers for bondholders include mortgage defaults and premature calls, and even the possibility of devaluation.

6.   Today, banks require earthquake insurance on homes bought in California, yet the risk of mortgage default is expected to be constant.