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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
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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Douglas L. Orchard Duncan Law Professional Corporation View CommentView Comment Email: N/A
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Dan Einhaus N/A View CommentView Comment Email: N/A
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Roberta Marshall N/A View CommentView Comment Email: N/A
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Chris Wetherall N/A View CommentView Comment Email: N/A
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Marie Orlando Pedraza The Forest Park Coop. View CommentView Comment Email: N/A
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Joan Malloch N/A View CommentView Comment Email: N/A
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Eugene A. Lefkowitz 69 West Ninth Street Co-operative View CommentView Comment Email: N/A
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John Barber N/A View CommentView Comment Email: N/A
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Patricia Dolan Queens Civic Congress, Inc. View CommentView Comment Email: N/A
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Joy Rich N/A View CommentView Comment Email: N/A
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Brian Keith Blume N/A View CommentView Comment Email: N/A
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Paul Tangusso Village at Cedarview Condominium View CommentView Comment Email: N/A
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Diane Constance The Cooperator View CommentView Comment Email: N/A
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Dea McDonald N/A View CommentView Comment Email: N/A
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William A. Falik Westpark Associates Community Builders View CommentView Comment Email: N/A
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Marcia Donen Roma N/A View CommentView Comment Email: N/A
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Michael Carlson N/A View CommentView Comment Email: N/A
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Robert A. Stine Tejon Ranch Company View CommentView Comment Email: N/A
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Christine M. Schuch N/A View CommentView Comment Email: N/A
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Robert Parr Cheshire Country Village View CommentView Comment Email: N/A
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Candace Hallmark Natural Resources Defense Council on behalf of Candace Hallmark View CommentView Comment Email: N/A
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