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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
Federal Register Citation
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
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Date First Name Last Name Organization Comment
Noah Rosenblatt N/A View CommentView Comment Email: N/A
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Jim McNabb N/A View CommentView Comment Email: N/A
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Brian Bohart N/A View CommentView Comment Email: N/A
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Patricia M. Redfield Verrado Realty View CommentView Comment Email: N/A
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Petra Scholder N/A View CommentView Comment Email: N/A
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Stephen Walker N/A View CommentView Comment Email: N/A
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Kate Hartnick Elliott N/A View CommentView Comment Email: N/A
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Robert L. Crooke N/A View CommentView Comment Email: N/A
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Elizabeth Dean N/A View CommentView Comment Email: N/A
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Laura Woodry Natural Resources Defense Council on behalf of Laura Woodry View CommentView Comment Email: N/A
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Lewis C. Taishoff N/A View CommentView Comment Email: N/A
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Carel D. Corcoran N/A View CommentView Comment Email: N/A
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Roger Mulock 265 Owners Corporation View CommentView Comment Email: N/A
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Elizabeth Ford N/A View CommentView Comment Email: N/A
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Lisandra E. Santiago Rees Broome, PC View CommentView Comment Email: N/A
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Chris Aull N/A View CommentView Comment Email: N/A
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Lisa Silberstein N/A View CommentView Comment Email: N/A
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Irene Carroll N/A View CommentView Comment Email: N/A
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Rodrigo Dominguez Natural Resources Defense Council on behalf of Rodrigo Dominguez View CommentView Comment Email: N/A
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Thomas A. Brophy N/A View CommentView Comment Email: N/A
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Sarah Richards Tejon Mountain Village, LLC View CommentView Comment Email: N/A
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Lois Karmel Second Corporation of Clearview Gardens Co-op. View CommentView Comment Email: N/A
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John Barber N/A View CommentView Comment Email: N/A
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Eliza Daniely Woolfolk Alternatives to Domestic Violence Voew CommentView Comment Email: N/A
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Karen Paneggiante N/A View CommentView Comment Email: N/A
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