New Mortgage Deal Informally Crossword Clue

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We've checked our database and believe the answer is REFI which was last seen in the New York Times crossword.
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We think the answer to this crossword clue is: REFI

Updated: October 11, 2023

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Expand?		Letters	Answer	Clue
	99%	4	REFI	Exact Match!
	No meanings yet for this word...
	35%	5		Investor in mortgage loans and mortgage-related securities
	noun • a corporation authorized by Congress to provide a secondary market for residential mortgages
	35%	10		Transforming mortgage loans into mortgage-backed securities
	verb • To convert assets (typically outstanding loans or other receivables) to securities, usually by selling them with a discount to a financial intermediary, which pools them with other similar assets and sells further as securities to third-party investors.

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Clue Last Found In...

Source	#Number	Answer
New York Times25 Feb 2014	Down 6	REFI
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