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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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 Roland Hauberg Natural Resources Defense Council on behalf of Roland Hauberg
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10/12/10 Roland Press Natural Resources Defense Council on behalf of Roland Press
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10/12/10 Ron Avila Natural Resources Defense Council on behalf of Ron Avila
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10/12/10 Ronald Cottrell Natural Resources Defense Council on behalf of Ronald Cottrell
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10/12/10 Rose-Marie Armstrong 333 E. 46 St. Corp.
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10/12/10 Rosemary Churnside Natural Resources Defense Council on behalf of Rosemary Churnside
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10/12/10 Ruth J. Gitzendanner Sun City Vistoso Community Association
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10/12/10 Sabine Brock Natural Resources Defense Council on behalf of Sabine Brock
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10/12/10 Sally Marti N/A
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10/12/10 Samuel Hergenrather Natural Resources Defense Council on behalf of Samuel Hergenrather
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10/12/10 Sandi Taylor Natural Resources Defense Council on behalf of Sandi Taylor
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10/12/10 Sandra Obleas Natural Resources Defense Council on behalf of Sandra Obleas
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10/12/10 Sandra Smith N/A
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10/12/10 Sandy Zelasko Natural Resources Defense Council on behalf of Sandy Zelasko
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10/12/10 Scotia Brosnan Natural Resources Defense Council on behalf of Scotia Brosnan
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10/12/10 Sean Perry Natural Resources Defense Council on behalf of Sean Perry
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10/12/10 Seth Hirsh Natural Resources Defense Council on behalf of Seth Hirsh
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10/12/10 Shandon Schmeiske Natural Resources Defense Council on behalf of Shandon Schmeiske
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10/12/10 Shannon Martinez Golden Empire Mortgage (GEM)
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10/12/10 Sharon Connor Natural Resources Defense Council on behalf of Sharon Connor
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10/12/10 Sharon Mullane Natural Resources Defense Council on behalf of Sharon Mullane
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10/12/10 Sharon Wong Natural Resources Defense Council on behalf of Sharon Wong
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10/12/10 Shayna Kohan Natural Resources Defense Council on behalf of Shayna Kohan
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10/12/10 Sheila Spencer Natural Resources Defense Council on behalf of Sheila Spencer
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10/12/10 Shelley Hyatt Natural Resources Defense Council on behalf of Shelley Hyatt
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