I inherited some FNMA callable notes, sold through a name-brand,
high-priced, low-service brokerage company. Other than checking my
printed or online statement, there seems to be no way to independently
verify the broker's daily price quotation.
1. Is there a way to independently verify price quotes?
2. Is the broker's quoted price likely to be a "true" market quote, or
an estimate from that broker's bond dept?
3. If I want to sell, is it likely the broker will actually offer the
quoted price, and how would I know if it's a fair price? |
