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Word of the Day for Saturday, December 27, 2008qualify \KWOL-uh-fahy\, verb: 1. to make or become fit or competent To qualify, the homeowner must provide proof that he has suffered a hardship, such as losing a job, that made it impossible to keep up with payments. If they conclude that they're likely to lose less by allowing delinquent borrowers to go to foreclosure rather than refinance into Hope loans, they would be free to do so, even if their borrowers qualify and want to participate. by 1465, from Middle French qualifier "to characterize by attributing a quality," from Latin qualis "of what sort" + facere "to make." | |||||||||
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