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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/12/10 Martin Stein N/A
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10/12/10 Julie Beer Natural Resources Defense Council on behalf of Julie Beer
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10/12/10 Yanula Pengenika Natural Resources Defense Council on behalf of Yanula Pengenika
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10/12/10 David T. Lennon Hofmann Land Development Company
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10/12/10 John Roberts Natural Resources Defense Council on behalf of John Roberts
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10/12/10 Lawrence Scrima Natural Resources Defense Council on behalf of Lawrence Scrima
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10/12/10 Trent Wilfinger DC Ranch
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10/12/10 Jaquelyn Chagnon Natural Resources Defense Council on behalf of Jaquelyn Chagnon
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10/12/10 Kendall Linzee Natural Resources Defense Council on behalf of Kendall Linzee
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10/12/10 Merl & Judy Collins Natural Resources Defense Council on behalf of Merl and Judy Collins
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10/12/10 DS Powell Natural Resources Defense Council on behalf of DS Powell
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10/12/10 Ronald Cottrell Natural Resources Defense Council on behalf of Ronald Cottrell
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10/12/10 Larry Lubin N/A
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10/12/10 Jennifer Reiner Natural Resources Defense Council on behalf of Jennifer Reiner
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10/12/10 Keira Sealy Natural Resources Defense Council on behalf of Keira Sealy
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10/12/10 Marilynn Smith Natural Resources Defense Council on behalf of Marilynn Smith
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10/12/10 Ms. Lowry Bass Natural Resources Defense Council on behalf of Lowry Bass
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10/12/10 Mrs. Walston Caroline Natural Resources Defense Council on behalf of Walston Caroline
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10/12/10 Shannon Martinez Golden Empire Mortgage (GEM)
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10/12/10 Linda Faulhaber Natural Resources Defense Council on behalf of Linda Faulhaber
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10/12/10 Terri Tuttle Natural Resources Defense Council on behalf of Terri Tuttle
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10/12/10 GP Kollarson Natural Resources Defense Council on behalf of GP Kollarson
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10/12/10 Michelle Dougherty Natural Resources Defense Council on behalf of Michelle Dougherty
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10/12/10 Linda Faler Natural Resources Defense Council on behalf of Linda Faler
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10/12/10 Matt Hamilton N/A
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10/12/10 Laura Herndon Natural Resources Defense Council on behalf of Laura Herndon
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10/12/10 Diane Dorney Kentlands Community Foundation
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10/12/10 Valerie Mettler Lake Erie Islands Chapter, Black Swamp Conservancy
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10/12/10 Suzanne Blom The Oaks Townhouse Community
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10/12/10 Pam Larrabee Village Grande
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10/12/10 Eric Kraus N/A
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10/12/10 Bob Mauro N/A
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10/12/10 Penny Kaufman 58 Housing Corporation
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10/12/10 Kevin L. Shepherd American College of Real Estate Lawyers
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10/12/10 Kathy Mendlinger N/A
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10/12/10 Joe Renga N/A
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10/12/10 Hedrick Belin Potomac Conservancy
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10/12/10 Nancy Lowe N/A
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10/12/10 Julie Jehly Natural Resources Defense Council on behalf of Julie Jehly
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10/12/10 Ruth J. Gitzendanner Sun City Vistoso Community Association
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10/12/10 Murray Kelley 524 East 6th St. HDFC, Inc.
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10/12/10 James S. Hagey Red Leaf Village
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10/12/10 Andrea Wolf Natural Resources Defense Council on behalf of Andrea Wolf
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10/12/10 Sally Marti N/A
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10/12/10 Larry Simonetti N/A
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10/12/10 Merle Klebanoff DC Ranch
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10/12/10 Gina Ireland Tuscany Homeowners Association
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10/12/10 Phillip Huffines Huffines Communities
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10/12/10 Edward McNeal Black Swamp Conservancy
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10/12/10 Ms. D. Lewellen Natural Resources Defense Council on behalf of D. Lewellen
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