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1.
To allow your home to go into forclosure because your adjustable-rate loan interest rate balloons your payment into an amount that you cannot afford.
"My mortgage statement came in today and my payment has went up $400. There is no way in hell I can pay that. I guess it's time to throw in the keys!"
by Mothanatus March 23, 2008
5 3

Words related to Throw in the Keys:

bankruptcy foreclosure insolvency mortgage screwed