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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Leslie Platt Sun City Vistoso Finance & Budget Committee View CommentView Comment Email: N/A
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Terrence Boden N/A View CommentView Comment Email: N/A
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Margot Kane N/A View CommentView Comment Email: N/A
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Missy Morrison Gulick N/A View CommentView Comment Email: N/A
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Alderbrook Condominium Association, Inc. View CommentView Comment Email: N/A
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Sam Harrison N/A View CommentView Comment Email: N/A
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Michele Curtis N/A View CommentView Comment Email: N/A
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Steve Orselet N/A View CommentView Comment Email: N/A
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Jeri Richardson Daines N/A View CommentView Comment Email: N/A
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Diana Cooper Hedrick N/A View CommentView Comment Email: N/A
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Karrin Kunasek Taylor DMB Associates, Inc. View CommentView Comment Email: N/A
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Linda Huftalen Greenbriar Woodlands, Board of Directors, on Residents' behalf View CommentView Comment Email: N/A
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JenniMae DeKorte The Silverleaf Club View CommentView Comment Email: N/A
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Ann E. Alex N/A View CommentView Comment Email: N/A
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Judith E. Vance N/A View CommentView Comment Email: N/A
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212 Clearview Gardens Cooperative Shareholders View CommentsView Comment Email: N/A
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Julie Clarke Greater Milwaukee Associaction of Realtors (GMAR) View CommentView Comment Email: N/A
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Unknown N/A View CommentView Comment Email: N/A
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Unknown N/A View CommentView Comment Email: N/A
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Charles R. Differding District 7, LW Community Association View CommentView Comment Email: N/A
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Judy Keppler N/A View CommentView Comment Email: N/A
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Roberto Cabrera Halstead Property, LLC View CommentView Comment Email: N/A
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Rick White California Solar View CommentView Comment Email: N/A
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Kim Skrobiza Natural Resources Defense Council on behalf of Kim Skrobiza View CommentView Comment Email: N/A
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Charlette Klarfeld N/A View CommentView Comment Email: N/A
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