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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/12/10 Kelly Riley Natural Resources Defense Council on behalf of Kelly Riley
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10/12/10 Ken Hedges Natural Resources Defense Council on behalf of Ken Hedges
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10/12/10 Kendall Linzee Natural Resources Defense Council on behalf of Kendall Linzee
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10/12/10 Kerry Rubinstein N/A
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10/12/10 Kevin Canning Planning and Land Use Services
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10/12/10 Kevin L. Shepherd American College of Real Estate Lawyers
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10/12/10 Kim Feil Natural Resources Defense Council on behalf of Kim Feil
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10/12/10 Kim Kelley Natural Resources Defense Council on behalf of Kim Kelley
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10/12/10 Kim Vespa Natural Resources Defense Council on behalf of Kim Vespa
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10/12/10 Kimberly Peterson Natural Resources Defense Council on behalf of Kimberly Peterson
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10/12/10 Kirsten Holmquist Natural Resources Defense Council on behalf of Kirsten Holmquist
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10/12/10 KL Matlock Natural Resources Defense Council on behalf of KL Matlock
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10/12/10 Kristen Willsher Natural Resources Defense Council on behalf of Kristen Willsher
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10/12/10 Kumar Sundar Natural Resources Defense Council on behalf of Kumar Sundar
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10/12/10 Kym Markley Shea Homes
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10/12/10 Lance Cain Natural Resources Defense Council on behalf of Lance Cain
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10/12/10 Larry Lubin N/A
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10/12/10 Larry Simonetti N/A
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10/12/10 Laura Herndon Natural Resources Defense Council on behalf of Laura Herndon
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10/12/10 Laura Juszak Natural Resources Defense Council on behalf of Laura Juszak
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10/12/10 Lauri Peacock Natural Resources Defense Council on behalf of Lauri Peacock
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10/12/10 Lawrence Scrima Natural Resources Defense Council on behalf of Lawrence Scrima
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10/12/10 Leah Ortiz Natural Resources Defense Council on behalf of Leah Ortiz
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10/12/10 Ligia-Elena Diaz Natural Resources Defense Council on behalf of Ligia-Elena Diaz
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10/12/10 Lillian Martinez Natural Resources Defense Council on behalf of Lillian Martinez
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