ɐmˈɛɹɪkən hˈoʊmz ɐnˈaʊnsmənt ʃˈoʊz hˌaʊ kənsˈɜːnz ɐbˌaʊt kɹˈɛdɪt kwˈɔlᵻɾi ænd hˈoʊmoʊnɚ dᵻfˈɔlts hæv spɹˈɛd bᵻjˌɔnd sˈʌbpɹaɪm lˈɛndɚz, wˌɪtʃ lˈɛnd tə pˈiːpəl wɪð wˈiːkɚ kɹˈɛdɪt, tə lˈɛndɚz ðæt mˌeɪk hˈaɪɚkwˈɔlᵻɾi lˈoʊnz.
American Home's announcement shows how concerns about credit quality and homeowner defaults have spread beyond subprime lenders, which lend to people with weaker credit, to lenders that make higher-quality loans.