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liar loan

noun

Definitions

  1. A mortgage loan for which the borrower made a statement of claimed income and assets…

    A mortgage loan for which the borrower made a statement of claimed income and assets which was not verified by the mortgage originator.

The neighborhood

Vish — recursive loop

No curated loop yet for liar loan. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA