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have hair

have hair  v. phr.— «Mr. Miklos believes that “oftentimes some of the loans that are overlooked have hair.”» —“Small Balance Market Heats Up” National Mortgage News Feb. 20, 2006. (source: Double-Tongued...

liar’s loan

liar’s loan  n.— «Over half of subprime mortgages are stated-income loans, loans which the industry often refers to as “liars loans.” The question is, who’s lying? According to a survey of over 2,000 mortgage brokers, 43% of...

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