(S (S (SBAR (IN If) (S (S (NP (BASENP (RB too) (JJ many)) (PP (IN of) (BASENP (DT these) (NNS lenders)))) (VP (VBP default))) (COMMA ,) (SBAR (IN as) (S (BASENP (PRP it)) (VP (VBZ is) (VP (VBN feared) (S (VP (MD may) (VP (VB be) (VP (VBG happening) (ADVP (RB now)))))))))))) (COMMA ,) (S (BASENP (DT the) (NNS defaults)) (VP (MD can) (VP (VB cascade) (ADVP (RB upward)))))) (PERIOD .))