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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
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
Julie DeLorenzo Idaho Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
T. Peter Kristian Hilton Head Plantation POA 016669.75 FR 49932 8-16-2010.pdfView Comment Email: N/A
Attachment: View Attachment
Charles Penn Birmingham Area Association of Realtors, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Barry Wilkins Advantage Management View CommentView Comment Email: N/A
Attachment: View Attachment
Campbell McCool N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Joe Bunting COO of Kiawah Island Community Association, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Herb Gomez Greater Baton Rouge Association of REALTORS, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Lindsey Martinez South Padre Island Board of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Susan South Los Prados Golf & Community Association View CommentView Comment Email: N/A
Attachment: View Attachment
Martha Taylor Baldwin County Association of Realtors, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Richard Grant Highland Woods Condominium Association 016656.75 FR 49932 8-16-2010.pdfView Comment Email: N/A
Attachment: View Attachment
Jackee Van Arsdall Realty, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Brian K. Jones Kansas Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Melody Sanchez Greater Northwestern Indiana Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Elizabeth Glasgow Harbor Town Community Association Manager View CommentView Comment Email: N/A
Attachment: View Attachment
Venh Nguyen Northern Virginia Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Wendell D. Davis Florida Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Linda Denoia N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Stephen Kirschner Tuscany Bay Homeowners Association, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Representative R. Curt Webb N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Thomas Sullivan Virginia Penesula Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Karen E. Gremp Hawaii Island Board of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment
Gene Wunderlich Southwest Riverside County Association of Realtors View CommentView Comment Email: N/A
Attachment: View Attachment