monoline

monoline
 n.β€” Β«Only 13 companies belong to MICA. They are the closely regulated “monoline” mortgage insurance firms that only guarantee mortgage loans, with state laws forbidding them to enter any other insurance business.Β» β€”β€œEscrow Losses Could Hamper Private Issuers” by David LaGesse in New York City American Banker Feb. 13, 1985. (source: Double-Tongued Dictionary)

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Further reading

Sleepy Winks (episode #1584)

It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...

Mystery Date (episode #1577)

A librarian opens a book and finds a mysterious invitation scribbled on the back of a business card. Another discovers a child’s letter to the Tooth Fairy, tucked into a book decades ago. What stories are left untold by these forgotten...

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