ACB: GSE Hit Wrong 'Note.'

June 2001
National Mortgage News;6/25/2001, Vol. 25 Issue 39
Trade Publication
Reports that members of America's Community Bankers (ACB) have voiced concern on the senior debt securities offered by the Federal National Mortgage Association (FNMA) to individual investors. Competition for deposits presented by debt instruments; Aggressive marketing of debt instruments by retail investment bankers; FNMA contention that they have sold debt instruments since 1998.


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