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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Gabriel Sheets Natural Resources Defense Council on behalf of Gabriel Sheets View CommentView Comment Email: N/A
Attachment: View Attachment
Dawn Norton N/A View CommentView Comment Email: N/A
Attachment: View Attachment
John and Anne MacNicholl N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Sadie S. Buchferer Bay Terrace Cooperative, Section I, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Charles Small Community Associations Institute View CommentView Comment Email: N/A
Attachment: View Attachment
Stan Penwell CSMDirect View CommentView Comment Email: N/A
Attachment: View Attachment
Patricia Van Cleave DC Ranch View CommentView Comment Email: N/A
Attachment: View Attachment
Deborah Kraus N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Tom Finholt Natural Resources Defense Council on behalf of Tom Finholt View CommentView Comment Email: N/A
Attachment: View Attachment
Terri Hauk Natural Resources Defense Council on behalf of Terri Hauk View CommentView Comment Email: N/A
Attachment: View Attachment
Julia Uribe Natural Resources Defense Council on behalf of Julia Uribe View CommentView Comment Email: N/A
Attachment: View Attachment
Laura Lynch Natural Resources Defense Council on behalf of Laura Lynch View CommentView Comment Email: N/A
Attachment: View Attachment
Leana Hall Natural Resources Defense Council on behalf of Leana Hall View CommentView Comment Email: N/A
Attachment: View Attachment
Ronnie Melin Natural Resources Defense Council on behalf of Ronnie Melin View CommentView Comment Email: N/A
Attachment: View Attachment
Wm and Darlene Naskoviak Rancho Resort View CommentView Comment Email: N/A
Attachment: View Attachment
Rick Taylor HTK Structural Engineers View CommentView Comment Email: N/A
Attachment: View Attachment
Gerald O. Kaplan Linden Towers Cooperative, #4, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
James R. Platt 91 Central Park West Corporation View CommentView Comment Email: N/A
Attachment: View Attachment
Maxine Urheim DC Ranch View CommentView Comment Email: N/A
Attachment: View Attachment
Brett Wightman DC Ranch View CommentView Comment Email: N/A
Attachment: View Attachment
John Pelton N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Lisa Muehler Natural Resources Defense Council on behalf of Lisa Muehler View CommentView Comment Email: N/A
Attachment: View Attachment
Carolyn Thomas Natural Resources Defense Council on behalf of Carolyn Thomas View CommentView Comment Email: N/A
Attachment: View Attachment
Rene Harp Natural Resources Defense Council on behalf of Rene Harp View CommentView Comment Email: N/A
Attachment: View Attachment
Ms. L. Hanzel Natural Resources Defense Council on behalf of L. Hanzel View CommentView Comment Email: N/A
Attachment: View Attachment