tag:blogger.com,1999:blog-8049802.post1779456620344343201..comments2024-03-22T10:52:36.273-07:00Comments on snarkolepsy: Just walk away.she said:http://www.blogger.com/profile/15003430767746896739noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8049802.post-79720178517517969182009-03-11T16:43:00.000-07:002009-03-11T16:43:00.000-07:00http://www.investopedia.com/terms/j/jingle-mail.as...http://www.investopedia.com/terms/j/jingle-mail.asp<BR/><BR/>"Jingle Mail" <BR/>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.Mr. Snarkolepsyhttps://www.blogger.com/profile/01153922402945825178noreply@blogger.comtag:blogger.com,1999:blog-8049802.post-86608154862027755272009-03-11T13:27:00.000-07:002009-03-11T13:27:00.000-07:00Um. What does "jingle mail back to the bank" mean?...Um. What does "jingle mail back to the bank" mean?stutefishhttps://www.blogger.com/profile/11652736633374020671noreply@blogger.comtag:blogger.com,1999:blog-8049802.post-26748224634492310292009-03-11T12:27:00.000-07:002009-03-11T12:27:00.000-07:00Keyser must come from an odd circle. He knows of n...Keyser must come from an odd circle. He knows of no one who's declared bankruptcy (though oddly enough his mother basically did that repeatedly - without bothering with the paperwork!). And it seems inconceivable for Keyser to do such a thing. <BR/><BR/>You know, as recently as last summer, Mrs. S. would ask about the size of the home equity loan, and Keyser would point out that unlike the case with some people, the money wasn't borrowed to buy plasma tv's or trips to Hawaii but basically for the children's college funds and for our own retirement funds. <BR/><BR/>Ha! What a game for suckers that proved to be. It's lost about a third of its value. Now we invest nothing for that, and are just paying off the equity loan (which wasn't all that big anyway). But once that's gone, what the hell to do with the money? Looks like that Australian woman peddling gold was on CNN was right after all...Keyser Sözehttps://www.blogger.com/profile/07422083960323480070noreply@blogger.com