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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Sean Kay N/A View CommentView Comment Email: N/A
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William E. Malkasian Wisconsin Realtors Association (WRA) View CommentView Comment Email: N/A
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Matt Baker N/A View CommentView Comment Email: N/A
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Saul Siegel Butterfield Group View CommentView Comment Email: N/A
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Oscar Amezcua Four Seasons Estates View CommentView Comment Email: N/A
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Joel Marshall N/A View CommentView Comment Email: N/A
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Chris Pacetti Ken-Caryl Ranch Master Association View CommentView Comment Email: N/A
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Doug Althoff New Mexico Land Companies, LLC. View CommentView Comment Email: N/A
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Larry Kudla Top Producer Real Estate View CommentView Comment Email: N/A
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John Mattson Jomatco Investments and Real Estate View CommentView Comment Email: N/A
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Melody Sanchez Greater Northwestern Indiana Association of Realtors View CommentView Comment Email: N/A
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Richard Collins N/A View CommentView Comment Email: N/A
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Micael Helm N/A View CommentView Comment Email: N/A
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Pete Nativadad Richter Land LLC View CommentView Comment Email: N/A
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Steve LaRue Lawrence Board of Realtors View CommentView Comment Email: N/A
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J. Kevin Moore N/A View CommentView Comment Email: N/A
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Marc Davis-Taylor 1st New York Capital View CommentView Comment Email: N/A
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Richard Hastings Hastings, Cohan & Walsh , LLP View CommentView Comment Email: N/A
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Kara Lee Jackson N/A View CommentView Comment Email: N/A
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Laura D. Lafayette Richmond Association of Realtors View CommentView Comment Email: N/A
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Yvonne Hunnewell Great Falls Association of Realtors View CommentView Comment Email: N/A
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John Worley N/A View CommentView Comment Email: N/A
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Steve Sorensen N/A View CommentView Comment Email: N/A
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Melanie Pennino Lodi Association of Realtors, Inc. View CommentView Comment Email: N/A
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Wendy Kanno Promenade at Pheasant Pointe HOA View CommentView Comment Email: N/A
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