chatter n.— «The Scientific Games Corporation, which dominates the scratch-off market and counts states like Texas and Massachusetts as clients, advises lottery managers to increase jackpots to lure players.…“But like any ‘tool,’ an increased...
scratch and dent loan
n.— «The “other” category includes…scratch and dent loans and resecuritizations.» —by Frank J. Fabozzi Handbook of Mortgage-Backed Securities Dec. 21, 2005. (source: Double-Tongued Dictionary)
scratch and dent loan n. a loan or mortgage that has become a risky debt investment, especially one secured with minimal documentation or made by a borrower who has missed payments. (source: Double-Tongued Dictionary)
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 the purchase of...
scratch and dent mortgage n.— «Hanover’s primary niche is buying “scratch and dent” mortgage portfolios that for one reason or another do not qualify for Fannie Mae or Freddie Mac.» —“Hanover Weathers REIT Storm” Insurance Regulator Nov. 23, 1998...
flake n.— «A big flake of straw thrown out onto the snow, along with some scratch feed, made it a bit more tempting a place to explore and soon half the flock were out in the sun.» —“Spring cleaning in January” by Vicki Biggs-Anderson Cook County...