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
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Dominique Peck-Meyer N/A View CommentView Comment Email: N/A
Attachment: View Attachment
David Eves N/A Karen Eves; View CommentView Comment Email: N/A
Attachment: View Attachment
Madeline Lambiris N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Ingrid Cohen N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Danielle Kent N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Nardyne Cattani N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Unknown N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Andrew Jacobson Cinnamon Ridge Community Association View CommentView Comment Email: N/A
Attachment: View Attachment
Patricia Zaffino N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Leah Blesoff N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Joshua van de Pol N/A View CommentView Comment Email: N/A
Attachment: View Attachment
William Zorrilla N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Robin Lyon-Gardiner N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Regina Costa N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Josh Prottas N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Richard Nymark N/A View CommentView Comment Email: N/A
Attachment: View Attachment
George Kondos N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Julio Vasconez N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Jason Smircich N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Emily Stein N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Tom Euler N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Vicki Gershwin N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Michael Portugal Valencia Falls Home Owners Association View CommentView Comment Email: N/A
Attachment: View Attachment
Barbara Hochhauser N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Dave Richins Sonoran Institute View CommentView Comment Email: N/A
Attachment: View Attachment