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Catchword for “liar’s loan”
Catchword: liar’s loan
Filed under: ,
Part of speech: n.
The part of speech reflects that used in the full entry, and not necessarily the part of speech as it is used in the quotation below.
Quotation: You rarely hear anything about individual borrowers who tell little white lies, the ones who obtain so-called “liar loans,” but they’re just as prevalent, if not more so. A young New Jersey couple, “the Deceivers,” said they intended to occupy the seaside house they were purchasing. When the mortgage insurance company checked, it found out they had bought the place strictly as an investment and were renting it out. So it kicked the loan back to the lender, and again, the lender called the loan due.
Article or Document Title:
“Mortgage Detectives Root Out Application Lies”
Author:
Lew Sichelman
Article, document, publication, web site:
Oregonian
Publishing location:
Portland, Oregon
Date of publication:
Nov. 9, 1992
This cite belongs to a full entry for liar’s loan.
Posted 9 Feb 07 | Permalink | Tell a Friend

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