staircasing n.— «Pye will be able to increase her share in her home after a year, buying chunks of 5% or more—a process known as staircasing—at the prevailing market price.» —“A problem shared is a problem solved” by...
scratch and dent loan n.— «A company that invests in high-yield real estate debt is looking to buy loans that have been “kicked out” of commercial MBS deals. Midwest Equities of St. Louis has initially allotted $50 million for...