sweeper n.— «Offset home mortgage loans were unveiled to the home owner in 1998, and have gained a great deal of respect from home owners since that time. Offset mortgage loans help to pay off a mortgage early by using what is known as a...
mortgage mom n.— «This year could mark the emergence of what might be called mortgage moms—voters whose sense of well-being is freighted with anxiety about their families’ financial squeeze. Democrats are betting that this factor is...
white-label adj.— «Its Intermortgage division has already begun acting as a subcontractor for a handful of other firms and more contracts are expected. As a “white-label” mortgage processor, Intermortgage will enable its...
monoline n.— «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...
refi n. a refinancing of a mortgage or loan. Etymological Note: Clipping of refinance. (source: Double-Tongued Dictionary)
refi n.— «“It’s refi-mania,” says Felix Beck, chairman of Margaretten & Co., a New Jersey-based mortgage banker.» —“Mortgage-Hunting? Be Ready For Delays and Waiting Lists” by Robert Guenther Wall Street...