Thu May 30, 2013 by Roy Oppenheim on News & Press Releases
There’s been a lot of discussion over the last year or so about the negotiability of Fannie Mae and Freddie Mac promissory notes. The banking industry has been trying to convince courts that these notes, which total about $7 trillion in commercial paper, are a negotiable instrument. Why is this so important to the banking industry? The bottom line is […]