Word: junkiest
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Dates: during 1980-1989
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...have a spare $50,000 or $500,000, that's a mortgage you might want to make. It matches the yield on all but the junkiest junk bonds and, if you're careful, entails a lot less risk. Such deals are widely available. There are borrowers who can offer good security but, for whatever reason, can't get a conventional loan, or can't get it as fast as they need...
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