Skip to main content

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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
CSV
Date First Name Last Name Organization Comment
Kathleen Moore Natural Resources Defense Council on behalf of Kathleen Moore View CommentView Comment Email: N/A
Attachment: View Attachment
Brooks Perry Natural Resources Defense Council on behalf of Brooks Perry View CommentView Comment Email: N/A
Attachment: View Attachment
Samuel Hergenrather Natural Resources Defense Council on behalf of Samuel Hergenrather View CommentView Comment Email: N/A
Attachment: View Attachment
Lloyd Eater Natural Resources Defense Council on behalf of Lloyd Eater View CommentView Comment Email: N/A
Attachment: View Attachment
Hilarey Benda Natural Resources Defense Council on behalf of Hilarey Benda View CommentView Comment Email: N/A
Attachment: View Attachment
Kristen Willsher Natural Resources Defense Council on behalf of Kristen Willsher View CommentView Comment Email: N/A
Attachment: View Attachment
Shandon Schmeiske Natural Resources Defense Council on behalf of Shandon Schmeiske View CommentView Comment Email: N/A
Attachment: View Attachment
Nolan Lansdale Natural Resources Defense Council on behalf of Nolan Lansdale View CommentView Comment Email: N/A
Attachment: View Attachment
Jordan Goldman Natural Resources Defense Council on behalf of Jordan Goldman View CommentView Comment Email: N/A
Attachment: View Attachment
Nora Doyle Natural Resources Defense Council on behalf of Nora Doyle View CommentView Comment Email: N/A
Attachment: View Attachment
Lance Cain Natural Resources Defense Council on behalf of Lance Cain View CommentView Comment Email: N/A
Attachment: View Attachment
Ken Hedges Natural Resources Defense Council on behalf of Ken Hedges View CommentView Comment Email: N/A
Attachment: View Attachment
Alice Brenner Natural Resources Defense Council on behalf of Alice Brenner View CommentView Comment Email: N/A
Attachment: View Attachment
Harry & Lucille Pray Natural Resources Defense Council on behalf of Harry & Lucille Pray View CommentView Comment Email: N/A
Attachment: View Attachment
Lisa Meylor Natural Resources Defense Council on behalf of Lisa Meylor View CommentView Comment Email: N/A
Attachment: View Attachment
David Dunkleberger Natural Resources Defense Council on behalf of David Dunkleberger View CommentView Comment Email: N/A
Attachment: View Attachment
Lyle Henry Natural Resources Defense Council on behalf of Lyle Henry View CommentView Comment Email: N/A
Attachment: View Attachment
Andrea Williamson Natural Resources Defense Council on behalf of Andrea Williamson View CommentView Comment Email: N/A
Attachment: View Attachment
Joe Salazar Natural Resources Defense Council on behalf of Joe Salazar View CommentView Comment Email: N/A
Attachment: View Attachment
Mike Cannon Natural Resources Defense Council on behalf of Mike Cannon View CommentView Comment Email: N/A
Attachment: View Attachment
Leah Ortiz Natural Resources Defense Council on behalf of Leah Ortiz View CommentView Comment Email: N/A
Attachment: View Attachment
Charlie Summers N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Shelley Hyatt Natural Resources Defense Council on behalf of Shelley Hyatt View CommentView Comment Email: N/A
Attachment: View Attachment
Michael Wetsman Natural Resources Defense Council on behalf of Michael Wetsman View CommentView Comment Email: N/A
Attachment: View Attachment
Peggy Andersen Natural Resources Defense Council on behalf of Peggy Andersen View CommentView Comment Email: N/A
Attachment: View Attachment