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A, B, C, D Paper
Definition
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| mortgage loans are rated as a, b, c, or d paper. "a" paper loans are the highest quality, lowest Risk loans; "b" quality are loans where the borrower has minor credit problems; "c" quality are borrowers with marginal or poor credit; "d" quality indicates very high Risk loans.
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| | Avg. Rating : 4.00 |
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