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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
Federal Register Citation
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
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Date First Name Last Name Organization Comment
Allan Brandt Premise Real Estate, LLC View CommentView Comment Email: N/A
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Natalie Sjaardema N/A View CommentView Comment Email: N/A
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Jaylynn Andersen N/A View CommentView Comment Email: N/A
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Randy Brewster Henlopen Gardens Homeowners Association View CommentView Comment Email: N/A
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Keith Edmond Future Save Energy, LLC View CommentView Comment Email: N/A
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Brian Grant McHayland and Associates, LLC View CommentView Comment Email: N/A
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Alan Walker First Strategic Capital NC, LLC View CommentView Comment Email: N/A
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Randy Brewster Eagles Landing 1 Homeowners Association View CommentView Comment Email: N/A
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Dean , Antonakos Cynergy, LLC View CommentView Comment Email: N/A
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Ciera Kizerian Marriott Group View CommentView Comment Email: N/A
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Teri Sysum Sytech Development, Inc. View CommentView Comment Email: N/A
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Rjon Robins N/A View CommentView Comment Email: N/A
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Bill Martin Michigan Association of Realtors View CommentView Comment Email: N/A
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Robert Gallant Coosaw Point View CommentView Comment Email: N/A
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Midge Grunstra Ocean City Board of Realtors View CommentView Comment Email: N/A
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John Stacy N/A View CommentView Comment Email: N/A
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Kevin Henry Real Estate Broker View CommentView Comment Email: N/A
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Mike , Bright MRTF, LLC View CommentView Comment Email: N/A
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Kim Wolfley Western Realty View CommentView Comment Email: N/A
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James Anzelone and Associates, Inc. View CommentView Comment Email: N/A
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Paul Johnson Utah Long-Term Investments, LLC View CommentView Comment Email: N/A
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Tony Monticelo Coldwell Banker United Realtors View CommentView Comment Email: N/A
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Robert Reisinger Waterloo-Cedar Falls Board of Realtors View CommentView Comment Email: N/A
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John Riddle N/A View CommentView Comment Email: N/A
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Justin Ouimet OCIinternational View CommentView Comment Email: N/A
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