jingle mail n.— «Kosciuszko said the mortgage insurance industry coined the term “jingle mail” because homeowners whose mortgages were worth far more than their homes literally mailed their house keys in to lenders...
jingle mail n.— «In the great Southern California bust of the early 1990s, real estate legend holds, many defaulting homeowners mailed their keys back to the lenders, in effect washing their hands of the whole matter, and promptly left...