Sentences with phrase «jingle mail»

While I am keenly cognizant of the human misery of those who are truly distressed, there is a relatively new phenomenon called «jingle mail» where people are sending their lenders the keys to their home and walking away.

There is a risk of jingle mail that goes unaccounted for.

(During the U.S. crisis, the act of mailing one's keys to the bank was known as «jingle mail»).

Hence the term jingle mail, the (albeit rare) practice of people mailing their house keys back to the bank.

For anyone who paid even passing attention to the U.S. housing crisis in 2008, the term «jingle mail» will be familiar.

But their negative equity was that of the banks, and people have began to walk away from their homes («jingle mail»).

That is called «jingle mail,» returning the keys to the bank and saying, «You can have the house.