As a result, growth of a covered bond market would lead to a corresponding reduction in Fannie Mae and Freddie Mac, although it is probably unrealistic to imagine a US mortgage market based solely on covered bonds.
Mayor Michael Bloomberg is urging the state to follow New York City's lead and prohibit the sale of large sugary drinks in the same venues statewide that are covered by the city's soon-to-be-enacted ban, City Hall confirmed late Monday afternoon.