No income, no asset
No income, no asset (NINA) is a term used in the United States mortgage industry to describe one of many documentation types which lenders may allow when underwriting a mortgage. A loan issued under such circumstances may be referred to as a NINA loan or NINJA loan.NINA programs are ostensibly created for those with hard to verify incomes (waiters, etc.) but in actuality have been popularly used in situations where aggressive mortgage lenders and brokers did not want any trouble qualifying otherwise non-qualifying loans, thus becoming a significant factor in the subprime lending crisis. A significant number of NINA loans were never possible for the applicant to repay and have resulted in defaults for this reason, as laid out in detail by investigative reporters, including the reporting of ''This American Life'' and ''Planet Money'' that culminated in the Peabody- and Polk- award winning episode "The Giant Pool of Money." Provided by Wikipedia
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Entre la ciencia y la magia, o los juegos del aprendiz by Nina Cabra
Published 2004-10-01
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Estudar a norma linguística: navegando na confluência da sociologia e dos estudos da linguagem by Nina Rioult
Published 2024-03-01
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Samylla Mól. Nós e os animais: um convite ao ver - Artigo A. Gulliver (2017) p. 98 by Nina Disconzi
Published 2019-01-01
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The musical identity of the Roma people on the streets of Belgrade by Aksić Nina
Published 2023-01-01
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The Role of Nurses in Primary Care Reform: “The Wheel and Hub of Health Care System” by Nina Mamishi
Published 2020-08-01
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Prevajanje neologizmov v znanstvenofantastičnih romanih Douglasa Adamsa by Nina Brezar
Published 2016-12-01
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<i>Das Eismeer</i> – Caspar David Friedrich and the North by Nina Hinrichs
Published 2008-02-01
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