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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Leonard Gottlieb N/A View CommentView Comment Email: N/A
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Timothy A. Vanderver, Jr. Patton Boggs, LLP and Counsel for Associations, Inc. View CommentView Comment Email: N/A
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Renee Green N/A View CommentView Comment Email: N/A
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Denise Rosner Halstead Property, LLC View CommentView Comment Email: N/A
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Susan D. Joffe St. Joe Community Foundation View CommentView Comment Email: N/A
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Marvin I. Haas 91 Central Park West Corp. View CommentView Comment Email: N/A
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Joanne P. Rockett N/A View CommentView Comment Email: N/A
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Evelyn Katz N/A View CommentView Comment Email: N/A
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Michael G. Miller Assembly, New York State View CommentView Comment Email: N/A
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Brauna Fortgang N/A View CommentView Comment Email: N/A
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Scott Saunders N/A View CommentView Comment Email: N/A
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Donna DiMaio N/A View CommentView Comment Email: N/A
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Dean Feldman N/A View CommentView Comment Email: N/A
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Annette Elvey N/A View CommentView Comment Email: N/A
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Kathleen Phares Nidiffer N/A View CommentView Comment Email: N/A
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John Lehigh Community Invesment Fund, Inc. Beverly Haddon, Stapleton Foundation. View CommentView Comment Email: N/A
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Barbara Fox N/A View CommentView Comment Email: N/A
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Jennifer Cline N/A View CommentView Comment Email: N/A
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Kimberely Buckley Natural Resources Defense Council on behalf of Kimberely Buckley View CommentView Comment Email: N/A
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Yuko Nakajima Natural Resources Defense Council on behalf of Yuko Nakajima View CommentView Comment Email: N/A
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Tracie Whitley N/A View CommentView Comment Email: N/A
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Stephanie Garrett Natural Resources Defense Council on behalf of Stephanie Garrett View CommentView Comment Email: N/A
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Brad Loe N/A View CommentView Comment Email: N/A
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Laura Gomez N/A View CommentView Comment Email: N/A
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Ina Mika Lindenwood Gardens Cooperative View CommentView Comment Email: N/A
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