Legal Question in Real Estate Law in Maryland

if I signed a promissory note with my house as collateral, can that note be sold without my notification in writing?


Asked on 10/27/11, 1:00 pm

1 Answer from Attorneys
Robert Sher Wagshal and Sher

Yes, promissory notes are negotiable instruments which can be sold. Generally if it's a federally guaranteed loan (fannie mae, freddie mac), there are notice provisions.

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Answered on 10/28/11, 8:35 am


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