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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/10/10 Brian L. Hampton Viskaton - Johnson & Johnson Vision Care, Inc.
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10/10/10 Charlotte Picot Forest Hills South Owners, Inc.
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10/10/10 Christelle Schurdevin Natural Resources Defense Council on behalf of Christelle Schurdevin
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10/10/10 Christiane Petroff N/A
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10/10/10 Dana Lubin Natural Resources Defense Council on behalf of Dana Lubin
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10/10/10 Devin Bokaer N/A
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10/10/10 Elaine Bard N/A
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10/10/10 Emily Eggan Natural Resources Defense Council on behalf of Emily Eggan
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10/10/10 Emily Handy N/A
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10/10/10 Ester L. Lim N/A
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10/10/10 Fernanda Fiori Natural Resources Defense Council on behalf of Fernanda Fiori
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10/10/10 Francine Fogarty N/A
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10/10/10 Inna Gergel Natural Resources Defense Council on behalf of Inna Gergel
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10/10/10 Jan Blum Natural Resources Defense Council on behalf of Jan Blum
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10/10/10 Janet Wright Natural Resources Defense Council on behalf of Janet Wright
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10/10/10 Jerry Ford Dc Ranch
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10/10/10 Kristina Long Natural Resources Defense Council on behalf of Kristina Long
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10/10/10 Lee-Ann Pinder N/A
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10/10/10 Lisa Chu N/A
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10/10/10 Mary Yang Natural Resources Defense Council on behalf of Mary Yang
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10/10/10 Michael Haskell Natural Resources Defense Council on behalf of Michael Haskell
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10/10/10 Michael Schell 336 Tenants Corporation
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10/10/10 Mindy Dallas 6035 Broadway Owners Corporation
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10/10/10 Mordecai B. Braunstein N/A
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10/10/10 Ms. M. Sage Natural Resources Defense Council on behalf of M. Sage
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