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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Richard Woodrow Craig, Jr. N/A View CommentView Comment Email: N/A
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Coalition to Stop Wall Street Home Resale Fees View CommentView Comment Email: N/A
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Roger Lewis National Community Land Trust Network View CommentView Comment Email: N/A
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Grace Rosenberg Tejon Ranch Company View CommentView Comment Email: N/A
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Susan W. Ward N/A View CommentView Comment Email: N/A
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Robert J. Bamford Cross Creek Ranch Community Association, Inc. View CommentView Comment Email: N/A
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Hall Willkie N/A View CommentView Comment Email: N/A
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Joseph DiAngelo Century 21, Moose Country, Realtors View CommentView Comment Email: N/A
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Joe Rowbotham Leisure World Community Association View CommentView Comment Email: N/A
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Rebecca McLean National Real Estate Investors Association (REIA) View CommentView Comment Email: N/A
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Sharyn & John Mastropaolo Ladera Ranch View CommentView Comment Email: N/A
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Wendy Thomas Ladera Ranch View CommentView Comment Email: N/A
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Jorine Seale N/A View CommentView Comment Email: N/A
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Meghan Sharp Serenbe Homeowner View CommentView Comment Email: N/A
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Francine E. Port N/A View CommentView Comment Email: N/A
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Babs Makinde Tejon Ranch Company View CommentView Comment Email: N/A
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Allison Ward Ladera Ranch View CommentView Comment Email: N/A
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Kami Scott N/A View CommentView Comment Email: N/A
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Paul S. Ocampo Ladera Ranch View CommentView Comment Email: N/A
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Timothy Campbell Natural Resources Defense Council on behalf of Timothy Campbell View CommentView Comment Email: N/A
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Kerry Brian Hutcherson Virginia Outdoors Foundation View CommentView Comment Email: N/A
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Abby Gellert N/A View CommentView Comment Email: N/A
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Janice W. Baratta DC Ranch View CommentView Comment Email: N/A
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Kurt Matsumota The Club at Kukui'ula View CommentView Comment Email: N/A
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Paula Clem N/A View CommentView Comment Email: N/A
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