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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
09/16/10 Tim Holt Wichita Area Association of REALTORS
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09/16/10 Connie Coots Odessa Board of REALTORS
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09/15/10 Chris Clemente Comstock Homebuilding Companies, Inc.
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09/15/10 Kimbo Kellahan River House
Jason Luquire, River House; RA Green, River House; View Comment
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09/15/10 William Spivock RFR Ventures, LLC
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09/15/10 William Sturtevant Waterfront Capital Partners
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09/15/10 Kenneth Erdmann H & H Holdings Corporation
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09/15/10 Brian Schumann Bradley Crossroads, LLC
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09/15/10 Allan Brandt Premise Real Estate, LLC
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09/15/10 Keith Edmond Future Save Energy, LLC
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09/15/10 Ciera Kizerian Marriott Group
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09/15/10 JoAnne Tealdi PRYSM, LLC
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09/15/10 Rob Gentry N/A
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09/15/10 Steele Kizerian Teach for America
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09/15/10 B. Keith Blume Providence Bayou Partners 1, LTD
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09/15/10 Bryan Dunson N/A
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09/15/10 Bureon Ledbetter BEL Group, LLC
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09/15/10 Chip Hellmann Burrus Ridge Golf Community, LLC
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09/15/10 Robert Castro Ventierra Res, Inc.
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09/15/10 Charles Akerlow Proterra Homes, Inc.
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09/15/10 Craig Johnson National Retail Group
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09/15/10 Jonathan Sysum Lintail Environmental
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09/15/10 Craig Millard Texas Gulf and Harbor
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09/15/10 Darell Schmidt Deerwood Development Group, Inc.
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09/15/10 Natalie Sjaardema N/A
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09/15/10 Brian Grant McHayland and Associates, LLC
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09/15/10 Teri Sysum Sytech Development, Inc.
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09/15/10 Norman Spivock N/A
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09/15/10 Brian Hegardt Communities Southwest
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09/15/10 Peter Klindworth Klindworth and Company
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09/15/10 Chad Foster N/A
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09/15/10 Taylor Samuels Global Asset Capital, LLC
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09/15/10 Zane Berry N/A
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09/15/10 Mary Ann Rothman Council of New York Cooperatives and Condominiums
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09/15/10 Dallas Page Builder and Developer
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09/15/10 Dale Slinkard Architect
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09/15/10 John Muller New Mexico Land Companies, LLC
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09/15/10 Neal Fincher Realtor Prudential
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09/15/10 Rich Brittain Texas Acquisitions, LLC
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09/15/10 Carlo Menchaca N/A
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09/15/10 Jaylynn Andersen N/A
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09/15/10 Alan Walker First Strategic Capital NC, LLC
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09/15/10 Rjon Robins N/A
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09/15/10 WC Management
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09/15/10 David Shaffer Capitol Financial Center
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09/15/10 Bruce Langson Nevada Towers, LLC
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09/15/10 Randy Brewster Villas of Eagles Landing Condominium Association
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09/15/10 Randy Brewster Sandy Cove Condominium Association
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09/15/10 Randy Brewster Rehoboth Beach Gardens Condominium Association
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09/15/10 Randy Brewster Sunset Harbour Condominium Association
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