Skip to content
ontologydriven
Sign out

Dictionary

Words, grammatical forms and meanings linked to the ontology.

jingle mail en · NOUN

Meanings

  1. (neologism, uncountable) The practice of posting one's house keys back to the mortgage company because of negative equity or inability to pay mortgage investments.
    • However, all four states have had the most overheated mortgage markets and reportedly the highest incidence of jingle mail. 2008, OECD Economic Surveys: United States 2008:
    • Nouriel Roubini, one of Wall Street's most pessimistic seers, worries that the "forthcoming jingle-mail tsunami" could spawn $1 trillion-2 trillion of financial losses, creating a systemic banking crisis. 2008, The Economist:
    • However, with all the jingle mail going on, there is a good chance you can sway the mortgage company with the correct psychology. 2009, Paul Stemborowski, How to Modify Your Loans: And Save Thousands of Dollars by Doing It:
    • "There's going to be a lot of jingle mail this winter," Barnes says of owners who will simply pop their house keys in the mail in lieu of a mortgage check. 2007, U.S. News and World Report: