TagPersonal finance

have hair

have hair  v. phr.— «The assets that bid include both nonperforming subprime and performing mortgages that Mr. Roth says “have hair on them.” (A loan that has “hair” has been kicked out because of underwriting or...

refi

refi n. a refinancing of a mortgage or loan. Etymological Note: Clipping of refinance. (source: Double-Tongued Dictionary)