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Notice Details
Type
Notice
Number
2010-N-11
Group
Fannie Mae
Freddie Mac
Document Number
2010-20108
Federal Register Publish Date
08/16/2010
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Date Sort ascending First Name Last Name Organization Comment
10/16/10 Arnold Schwarzenegger State of California, Governor's Office
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10/16/10 Jason Lopez N/A
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10/16/10 Joan Chendes Sunrise Bay Homeowners Association
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10/16/10 Dorothy W. Dugger San Francisco Bay Area Rapid Transit District
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10/16/10 Abigail Lash N/A
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10/16/10 John R. Ryan Seward Park
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10/16/10 John Riddle N/A
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10/16/10 Paul B. Héroux Federal Home Loan Bank of New York
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10/16/10 Dorothy W. Coble Dorothy CobleWest Market Realty Co.
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10/16/10 Craig D. Guidry Sperry Van Ness
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10/16/10 Sidney Cholmar N/A
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10/16/10 Giuseppe Scalia 16th Street Tenants Corp.
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10/16/10 Heather J. Gould Goldfard and Lipman, LLP
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10/16/10 Ab Conner Conner Bros. Construction Co.
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10/16/10 Gordon & Lillian Hardy 149 E. 73rd St. Cooperative
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10/16/10 Ian Winters Northern California Land Trust
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10/16/10 Pat Kane Garrett County Board of Realtors, Inc.
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10/16/10 J.D. Rinehart, Jr. South Carolina Realtors
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10/16/10 Robert S. Freedman Hospitality, Timesharing and Common Interests Development Group
Neil S. Kessler, Commercial Real Estate Transactions Group; Daniel Q.…
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10/16/10 Steve Orselet N/A
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10/16/10 Marjorie Murray Center for California Homeowner Association Law
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10/16/10 Jean M. Delaney Smith 318 West 15th Street Apartment Corp.
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10/16/10 Charlie Rivers N/A
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10/16/10 Richard Miller N/A
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10/16/10 Mark Winter American Land Title Association
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10/16/10 Steve Goddard California Association of Realtors (CAR)
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10/16/10 Andy Slettebak Institue for Community Economics (ICE)
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10/16/10 E. Sharman Mather N/A
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10/16/10 John Robert Smith Reconnecting America on behalf of Center for Transit-Oriented Development (CTOD)
Dena Belzer, Strategic Economics; Scott Bernstein, Center for Neighbor…
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10/16/10 Lawrence J. Hanley Amalgamated Transit Union
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10/16/10 Marjorie Murray Center for California Homeowner Associaion Law
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10/16/10 Anne Gault Georgia Association of Realtors, Inc.
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10/16/10 Jack Zatt Cromwell Cooperative
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10/16/10 Janette P. 115 Clearview Gardens Corporation Cooperative
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10/16/10 Stephen LaBarbara Cooper Square Realty, Inc.
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10/16/10 Murry Keltz Mainstay Cooperative Apartments, Inc., Section 2
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10/16/10 Wu Wing K. 8 Linden Towers Cooperative No. 3
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10/16/10 Unknown N/A
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10/16/10 Lisa Smith Linden Towers Cooperative No. 6
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10/16/10 Dan Silver Endangered Habitats League
Jean Watt, Friends of Harbors, Beaches and Parks; Van K. Collinsworth,…
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10/16/10 Michael J. Scanlon San Mateo County Transit District (SamTran)
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10/16/10 Paul A. Doscher Society for the Protection of New Hampshire Forests
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10/16/10 Todd Hemingson Capital Metropolitan Transit Authority
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10/16/10 Carol Taylor Natural Resources Defense Council on behalf of Carol Taylor
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10/16/10 Connie Chavez Sawmill Community Land Trust
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10/16/10 Diane L. Harkey Assembly, California Legislature
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10/16/10 Maria Castano N/A
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10/16/10 Aaron B. Lee Federal Home Loan Bank of Des Moines
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10/16/10 Marion E. Ebner Grandview Towers Cooperative, Inc.
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10/16/10 Michael Tumminia Seward Park Cooperative Board of Directors
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