Home > Glossary > Jingle Mail

Meaning / Definition of

Jingle Mail

Categories: Finance,

A situation where a homeowner mails his or her house keys to a mortgage lender due to an inability to meet mortgage payment obligations and a lack of equity in the property. If a homeowner is upside-down in a mortgage and feels the entire loan is a lost cause, he or she may choose to walk away from the property altogether and relinquish it to the original lender instead of going though the foreclosure process.

Featured term of the day

Definition / Meaning of

Subprime Loans

Categories: Insurance,

removed

Most popular terms

1. Principal Register
2. Custodial Account
3. Charitable Remainder Trust
4. Earnings Before Interest, Taxes, Depreciation And Amortization
5. Common Shares
6. Family Of Funds
7. Consensus Recommendation
8. Hope Scholarship Credit
9. Weighted Stock Index
10. Pension Protection Act Of 2006

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital