Skip to main content
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Charles A. Freeman Ladera Ranch
View Comment Email: N/A
Attachment: View Attachment
Jeff Stephenson Rio Tinto on behlaf of Ty McCutcheon of Kennecott Land Company
View Comment Email: N/A
Attachment: View Attachment
Bradley White N/A
View Comment Email: N/A
Attachment: View Attachment
Joseph Patrick Brown N/A
View Comment Email: N/A
Attachment: View Attachment
Ilea Jackson Tejon Ranch Company
View Comment Email: N/A
Attachment: View Attachment
Seth Dalton N/A
View Comment Email: N/A
Attachment: View Attachment
Derek C. Abbott Tejon Ranch Company
View Comment Email: N/A
Attachment: View Attachment
Robert B. Douglas, Jr. Tuscan Lakes
View Comment Email: N/A
Attachment: View Attachment
Joy Gramolini N/A
View Comment Email: N/A
Attachment: View Attachment
William T. Johnson N/A
View Comment Email: N/A
Attachment: View Attachment
Vincent & Mary Ann Lofredo Bay Terrace Cooperative, Section III, Inc.
Demetrios Frangiskatos; Ilena Sheila Oliwenstein; Vera & James Tah…
Email: N/A
Attachment: View Attachment
Mary Eaton N/A
View Comment Email: N/A
Attachment: View Attachment
Jay L. Rogers Alpha Strategies Investment Consulting
View Comment Email: N/A
Attachment: View Attachment
Randy Woodbury The Institute of Real Estate Management (IREM)
View Comment Email: N/A
Attachment: View Attachment
Candy Gonell N/A
View Comment Email: N/A
Attachment: View Attachment
Janice Ronson N/A
View Comment Email: N/A
Attachment: View Attachment
Elizabeth O'Neill N/A
View Comment Email: N/A
Attachment: View Attachment
Board of Directors, Champion Hills Property Owners Association, Inc
View Comment Email: N/A
Attachment: View Attachment
Stephen P. Ostiguy Church Community Housing Corp
View Comment Email: N/A
Attachment: View Attachment
Christopher M. Hawke Solar Point Resources, LLC
View Comment Email: N/A
Attachment: View Attachment
Eric & Caroline Shaw N/A
View Comment Email: N/A
Attachment: View Attachment
Jeff & Nicole Hopkins Ladera Ranch
View Comment Email: N/A
Attachment: View Attachment
Joy Haynes Haynes Development Company
View Comment Email: N/A
Attachment: View Attachment
David J. Larijani New York Private Realty Group
View Comment Email: N/A
Attachment: View Attachment
Carlene Matchniff N/A
View Comment Email: N/A
Attachment: View Attachment