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Catchword for “scratch and dent mortgage”
Catchword: scratch and dent mortgage
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: Founded in 1996, New York-based C-Bass specializes in investing in distressed home mortgage loans. Also known as “scratch and dent” mortgages, these are loans that were either not documented properly or on which borrowers missed a payment but are now current.
Article or Document Title:
“Jittery Stock Market Drops as Mortgage Fallout Spreads” (URL)
Author:
Julie Creswell, Vikas Bajaj
Article, Document, Publication, Web Site:
New York Times
Date of Publication:
Aug. 1, 2007
This cite belongs to a full entry for scratch and dent loan.
Posted 1 Aug 07 | Permalink | Tell a Friend

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