Skip to main content

Private Transfer Fee Covenants

Notice Details
Type
Notice
Number
2010-N-11
Group
Fannie Mae
Freddie Mac
Document Number
2010-20108
Federal Register Publish Date
08/16/2010
Federal Register Citation
75 FR 49932
PDF Format
Comment Status
Closed
Comment Open Date
08/16/2010
Comment End Date
10/15/2010

Private Transfer Fee Covenants

Contact Information

FOR FURTHER INFORMATION CONTACT: Peggy K. Balsawer, Assistant General Counsel, (202) 343–1529 (not a toll-free number), Federal Housing Finance Agency, Office of General Counsel, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: The Federal Housing Finance Agency (FHFA) is proposing to issue a Guidance,"Guidance on Private Transfer Fee Covenants," to the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises), and the Federal Home Loan Banks (the Banks) that the entities it regulates should not deal in mortgages on properties encumbered by private transfer fee covenants. Such covenants appear adverse to liquidity, affordability and stability in the housing finance market and to financially safe and sound investments. This proposed Guidance would extend to mortgages and securities held by the Banks as investments or as collateral for advances and to mortgages and securities held or guaranteed by the Enterprises.

DATES: Interested persons may submit comments on or before October 15, 2010.​
 

Public Comments people-icon

Below are a compilation of public comments made on this notice.

2649 items
CSV
Date First Name Last Name Organization Comment
Kyle Probst Coosawattee River Resort Association, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
John Riddle N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Jose Medina N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Justin Ouimet OCIinternational View CommentView Comment Email: N/A
Attachment: View Attachment
Kent Key Kent Key Custom Homes, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Sean Kay N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Greg Vasil Greater Boston Association of Realtors Amleto Martocchia, Greater Boston Association of Realtors; View Commen…View Comment
Email: N/A
Attachment: View Attachment
Lawrence Moore Turn of River Homeowners Association View CommentView Comment Email: N/A
Attachment: View Attachment
Russ Hodes Circle C Homeowners Association View CommentView Comment Email: N/A
Attachment: View Attachment
Carol Hill Northeast Florida Association of Realtors (NEFAR) View CommentView Comment Email: N/A
Attachment: View Attachment
David O. Durgin, Jr. Coosawattee River Resort Association, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Arthur Coulter Palm Valley HOA, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Lila Mateo N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Jeff Gersh Shea Victoria Gardens, LLC View CommentView Comment Email: N/A
Attachment: View Attachment
Brokerage Southwest View CommentView Comment Email: N/A
Attachment: View Attachment
David Schepner Greater Meadville Board of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Bill Martin Michigan Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
James M. Spagnolo Greater Harrisburg Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Steve Cox COX LAW OFFICE, P. C. View CommentView Comment Email: N/A
Attachment: View Attachment
Denise Radcliffe Coldwell Banker Devonshire View CommentView Comment Email: N/A
Attachment: View Attachment
Century Hill Association Century Hill Association View CommentView Comment Email: N/A
Attachment: View Attachment
Doug Groppenbacher REMAX Commercial Investment View CommentView Comment Email: N/A
Attachment: View Attachment
W. Frank Skilton Teversall Condominium Association View CommentView Comment Email: N/A
Attachment: View Attachment
Cort Chalfant Rancho Sahuarita Community View CommentView Comment Email: N/A
Attachment: View Attachment
Jan Murphy Down River Association of Realtors in Michigan View CommentView Comment Email: N/A
Attachment: View Attachment