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Slang Definition: Mortgage Defaults
Imagine a scenario where your bank is being charged for a fee that shouldn't be there, but you're still getting the loan despite your inability to pay. Example Sentence: "I paid my mortgage in full with no extra fees or penalties." This sentence is a metaphorical way of explaining how banks can sometimes overcharge borrowers when they are not supposed to. It's like asking why you get free food without paying for it, which seems unfair but might be the case in certain contexts. Slang Definition: Mortgage Defaults Example Sentence: "I know my mortgage is due soon, but I'm still avoiding it and collecting extra fees." This sentence is a literal example of how banks can charge people money that they don't owe. It's like saying you're avoiding paying for groceries when your fridge is empty, even though you're supposed to buy food. Slang Definition: Mortgaged Off Example Sentence: "I took out a mortgage on my house last week and it's now overpayment." This sentence could mean that the person has missed their monthly payment or has taken advantage of the bank's grace period by paying late. It's like saying you forgot to pay your car insurance bill because you were too busy. Slang Definition: Mortgage Default Example Sentence: "I've been making all these mortgage payments for months, but my credit score is still sky-high." This sentence can be interpreted