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Private Transfer Fee Covenants

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
75 FR 49932
PDF Format
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Ann McKibben Natural Resources Defense Council on behalf of Ann McKibben View CommentView Comment Email: N/A
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Matt Kass Natural Resources Defense Council on behalf of Matt Kass View CommentView Comment Email: N/A
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Mary Morris Natural Resources Defense Council on behalf of Mary Morris View CommentView Comment Email: N/A
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Iryna De La Rosa Natural Resources Defense Council on behalf of Iryna De La Rosa View CommentView Comment Email: N/A
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Matthew Heath Natural Resources Defense Council on behalf of Matthew Heath View CommentView Comment Email: N/A
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Cyn. Rich Natural Resources Defense Council on behalf of Cyn. Rich View CommentView Comment Email: N/A
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Hillary Peterson Natural Resources Defense Council on behalf of Hillary Peterson View CommentView Comment Email: N/A
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Chris Bowley DC Ranch View CommentView Comment Email: N/A
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Wendy Bauer Natural Resources Defense Council on behalf of Wendy Bauer View CommentView Comment Email: N/A
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Jason Peacock Natural Resources Defense Council on behalf of Jason Peacock View CommentView Comment Email: N/A
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Kat Burgess Natural Resources Defense Council on behalf of Kat Burgess View CommentView Comment Email: N/A
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Carol Mone Natural Resources Defense Council on behalf of Carol Mone View CommentView Comment Email: N/A
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Craig Sherwood Natural Resources Defense Council on behalf of Craig Sherwood View CommentView Comment Email: N/A
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David T. Lennon Hofmann Land Development Company View CommentView Comment Email: N/A
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Ronald Cottrell Natural Resources Defense Council on behalf of Ronald Cottrell View CommentView Comment Email: N/A
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Linda Faulhaber Natural Resources Defense Council on behalf of Linda Faulhaber View CommentView Comment Email: N/A
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Randall Tyers Natural Resources Defense Council on behalf of Randall Tyers View CommentView Comment Email: N/A
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Joseph Wightman Hunsaker and Associates View CommentView Comment Email: N/A
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Della Leathers N/A View CommentView Comment Email: N/A
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Phillip Huffines Huffines Communities View CommentView Comment Email: N/A
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Ruth J. Gitzendanner Sun City Vistoso Community Association View CommentView Comment Email: N/A
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Bob Mauro N/A View CommentView Comment Email: N/A
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Alisa Spieckerman Natural Resources Defense Council on behalf of Alisa Spieckerman View CommentView Comment Email: N/A
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Radoslav Bozov Natural Resources Defense Council on behalf of Radoslav Bozov View CommentView Comment Email: N/A
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Kathleen Moore Natural Resources Defense Council on behalf of Kathleen Moore View CommentView Comment Email: N/A
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