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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/15/10 David Moeller Recreation Centers of Sun City West, Inc. (RCSCW)
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10/15/10 Allison Handler Decisions Decisions / Solid Ground Consulting Group
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10/15/10 Larry D. Johnson The Johnson Development Corp.
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10/15/10 Gavin Newsom City and County of San Francisco
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10/15/10 Cory Fernandez Ladera Ranch
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10/15/10 Erika Malone NorthWest Community Land Trust Coalition
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10/15/10 Elizabeth O'Neill N/A
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10/15/10 Thomas E. Donahue Ladera Ranch
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10/15/10 Peter R. Paden Columbia Land Conservancy (CLC)
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10/15/10 Babs Makinde Tejon Ranch Company
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10/15/10 Nick Fergis N/A
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10/15/10 Benjamin Baggett Lincoln Community Land Trust
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10/15/10 Ray Pearl California Housing Consortium (CHC)
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10/15/10 Jill Eide Ladera Ranch
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10/15/10 Babs Makinde Tejon Ranch Company
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10/15/10 Nick Fergis N/A
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10/15/10 Jesse Duron PulteGroup
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10/15/10 Ian Katz The Corcoran Group
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10/15/10 Kelly E. Weiss People Trust
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10/15/10 Linda C. Jones N/A
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10/15/10 Brian Pitman Texas Land Title Association (TLTA)
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10/15/10 Marc Huffman Ballona Wetlands Conservancy
Patricia T. Sinclair, Playa Capital Company, LLC. View Comment
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10/14/10 Grace Meng The Assembly of New York, Albany
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10/14/10 Stephen J. Eliott N/A
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10/14/10 Katherine A. Rooney N/A
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10/14/10 Judy Oston N/A
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10/14/10 Rick Bluhm Century 21 Select Real Estate, Inc.
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10/14/10 Petra Scholder N/A
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10/14/10 Elizabeth Ford N/A
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10/14/10 John Barber N/A
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10/14/10 John Barber N/A
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10/14/10 Michael Carlson N/A
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10/14/10 Rita Duggan N/A
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10/14/10 Michele Siano N/A
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10/14/10 John J. Cruz N/A
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10/14/10 Sam Harrison N/A
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10/14/10 212 Clearview Gardens Cooperative Shareholders
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10/14/10 Mark Kopinski N/A
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10/14/10 10 New York Co-operative Shareholders
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10/14/10 Brian Steffensen N/A
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10/14/10 Dianne Harnell Cohen Serenbe Institute for Art, Culture & the Environment, Inc.
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10/14/10 Lucille Short Kings Wood Owners' Corporation
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10/14/10 Michele Curtis N/A
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10/14/10 Julie Clarke Greater Milwaukee Associaction of Realtors (GMAR)
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10/14/10 Patty Kennedy Palmetto Bluff Conservancy
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10/14/10 Leslie Moody The Partnership for Working Families
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10/14/10 Neil P. Cunningham Tahoe Mountain Resorts Foundation
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10/14/10 J. David Ramsey Greenbaum, Rowe, Smith & Davis, LLP
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10/14/10 C. M. LaMotta N/A
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10/14/10 Lee Elizabeth Plera Linden Towers Cooperative #1
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