[Jerseee]

Squirrels,


A note is a note.& One does not lose their remedy because of assignment.& The basic and underlying fact is, it was the signature that funded the note in the first place.


Now assignment and negotiation/assumption are one thing but the bank was never at risk for anything.& Nor can they lend their assets.& So if they purchased the note--they can accept another note to discharge it.& Public policy is public policy.


thoughts...