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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
09/27/10 Laurie Stuckey N/A
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09/27/10 Trey Eakin N/A
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09/27/10 Terry Galloway The Galloway Group
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09/27/10 Alice Allred Covenants Coordinator Colonial Heritage Club
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09/27/10 Liana Megre N/A
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09/27/10 Tom Polum N/A
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09/27/10 Matt Lawson N/A
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09/27/10 Patty Heydenberk N/A
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09/27/10 Jill Kusy Hegardt DMB Associates, Inc
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09/27/10 Glenn M. Pace Pembrook Development, LLC
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09/27/10 Maria S. Torresy N/A
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09/27/10 Derek Leason N/A
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09/27/10 Janet K. Chung N/A
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09/27/10 Robert R. Fishman N/A
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09/27/10 Linda Grossman Hilltop Village Cooperative #One
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09/27/10 Ellen Saland N/A
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09/27/10 James S. Bradley President, AXIA Real Estate Appraisers
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09/27/10 Karen L. Duncan N/A
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09/27/10 Suzan Kremer N/A
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09/27/10 Jo , Usry Jackson Association of REALTORS
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09/27/10 Jessica Whyde Southern Arizona Home Builders Association
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09/27/10 Eugene Cordano N/A
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09/27/10 Gail Lankow N/A
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09/27/10 Bernice Perry Perkins Colonial Heritage
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09/27/10 Mike Corbitt Thomasville Area Board of Realtors
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09/27/10 Nicole Jensen Realtors Association of Lincoln
017319.75 FR 49932 8-16-2010.pdf
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09/27/10 Shipyard Plantation N/A
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09/27/10 Laurin Pause Community Resource Center
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09/27/10 Lisa Cox Sienna Plantation
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09/27/10 David Henshaw Kiawah Island Comm Assoc Members
Janice Henshaw
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09/27/10 Rusty Thrasher N/A
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09/27/10 Roberto Salinas Salinas Investments
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09/27/10 Roberto Salinas Hill Top Farm
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09/27/10 Matt Hoffman N/A
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09/27/10 Yuji Yoshimoto N/A
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09/27/10 Whitt Wilson N/A
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09/24/10 Nancy Van Bourgondien N/A
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09/24/10 Susan Goldman N/A
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09/24/10 Barbara Shamouil N/A
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09/24/10 Ken Barkoff N/A
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09/24/10 Michael Higgins N/A
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09/24/10 Barbara Fox N/A
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09/24/10 Michael Daly N/A
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09/24/10 Sharon E. Michnay N/A
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09/24/10 Maria Goretti N/A
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09/24/10 Maria Cangiano N/A
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09/24/10 Rachael McShane-Abbott N/A
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09/24/10 Laura Gruber N/A
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09/24/10 Florean Mader N/A
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09/24/10 Judith Saunders N/A
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