NINJA home loan (No Income, No Job or Assets)
Bapopik at AOL.COM
Bapopik at AOL.COM
Tue May 1 19:22:37 UTC 2007
NINJA + NO INCOME--11,400 Google hits
Loans to NINJAs? March 14, 2007 appears to be a good date for this.
The week's best invented words
Apr 15, 2007 02:30 AM
* NINJA loan, n.: the minimal requirements that have to be met to
qualify for the lending industry's latest offering: No Income, Job or Assets.
(_BuzzWhack.com_ (http://buzzwhack.com/) )
* Litter on a stick, n.: any form of roadside advertising, notably
signs and billboards. (_doubletongued.org_ (http://doubletongued.org/) )
* Hater tots, n: "the figurative snack you consume when you're hating
on someone. Sample exchange: 'He acts like he's so cool because he has that
Mercedes SLR.' 'Man, you need to cut down on all those hater tots you've been
eating.'" (_urbandictionary.com_ (http://urbandictionary.com/) )
* Momic, n.: a comic who is a mom and whose act consists primarily of
jokes about motherhood. (_WordSpy.com_ (http://wordspy.com/) )
* Stained-glass ceiling, n.: "a barrier to the advancement of women
within the hierarchy of a church." (_doubletongued.org_
* Malchemy, n.: "continuing to spend money at your usual rate after
losing your job." (_www.neologisms.us_ (http://www.neologisms.us/) )
* SITCOM, n.: "what yuppies turn into when they have children and one
of them stops working to stay home with the kids: Single Income, Two
Children, Oppressive Mortgage." (_bored.com/officeslang_
_Ass-Backward Lending Practices Send Global Stock Markets Tumbling_
14 Mar 2007 by gordo
(g) The “NINJA” loan — NINJA standing for “No Income, No Job and No
Assets.” So homebuyers were set up for failure. They were given loans that
required payments far in excess of what could be sustained. ...
_appletree - http://www.appletreeblog.com_ (http://www.appletreeblog.com/)
_March 14, 2007_
(http://thefallofhumanity.blogspot.com/2007/03/march-14-2007.html) 14 Mar 2007 by Randy Anderson
One cheeky lender went so far as to advertise what it dubbed its "NINJA"
loan -- NINJA standing for "No Income, No Job and No Assets."" US economy
leaving record numbers in severe poverty - "The percentage of poor Americans who
_The Fall of Humanity - http://thefallofhumanity.blogspot.com/index.html_
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