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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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 Phillip Huffines Huffines Communities
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10/12/10 Gina Ireland Tuscany Homeowners Association
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10/12/10 Merle Klebanoff DC Ranch
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10/12/10 Larry Simonetti N/A
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10/12/10 Sally Marti N/A
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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 James S. Hagey Red Leaf Village
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10/12/10 Murray Kelley 524 East 6th St. HDFC, Inc.
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10/12/10 Ruth J. Gitzendanner Sun City Vistoso Community Association
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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 Nancy Lowe N/A
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10/12/10 Hedrick Belin Potomac Conservancy
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10/12/10 Joe Renga N/A
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10/12/10 Kathy Mendlinger N/A
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10/12/10 Kevin L. Shepherd American College of Real Estate Lawyers
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10/12/10 Penny Kaufman 58 Housing Corporation
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10/12/10 Bob Mauro N/A
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10/12/10 Eric Kraus N/A
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10/12/10 Pam Larrabee Village Grande
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10/12/10 Suzanne Blom The Oaks Townhouse Community
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10/12/10 Valerie Mettler Lake Erie Islands Chapter, Black Swamp Conservancy
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10/12/10 Diane Dorney Kentlands Community Foundation
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10/12/10 Laura Herndon Natural Resources Defense Council on behalf of Laura Herndon
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10/10/10 Lee-Ann Pinder N/A
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10/10/10 Patrick A. Torsiello Leisure World
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10/10/10 Fernanda Fiori Natural Resources Defense Council on behalf of Fernanda Fiori
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10/10/10 Ester L. Lim N/A
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10/10/10 Mary Yang Natural Resources Defense Council on behalf of Mary Yang
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10/10/10 Elaine Bard N/A
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10/10/10 Paul Walker N/A
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10/10/10 Christiane Petroff N/A
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10/10/10 Inna Gergel Natural Resources Defense Council on behalf of Inna Gergel
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10/10/10 Brian L. Hampton Viskaton - Johnson & Johnson Vision Care, Inc.
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10/10/10 Emily Handy N/A
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10/10/10 Mindy Dallas 6035 Broadway Owners Corporation
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10/10/10 Michael Haskell Natural Resources Defense Council on behalf of Michael Haskell
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10/10/10 Timothy Lawnicki Natural Resources Defense Council on behalf of Timothy Lawnicki
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10/10/10 Jerry Ford Dc Ranch
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10/10/10 Vijay Bahl N/A
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10/10/10 Peggy Bentley Natural Resources Defense Council on behalf of Peggy Bentley
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10/10/10 Emily Eggan Natural Resources Defense Council on behalf of Emily Eggan
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10/10/10 Robert Waisman 368 West 23rd St. Aparttments, Inc.
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10/10/10 Janet Wright Natural Resources Defense Council on behalf of Janet Wright
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10/10/10 Charlotte Picot Forest Hills South Owners, Inc.
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10/10/10 Mordecai B. Braunstein N/A
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10/10/10 Vicente Marin Natural Resources Defense Council on behalf of Vicente Marin
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10/10/10 Devin Bokaer N/A
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10/10/10 Jan Blum Natural Resources Defense Council on behalf of Jan Blum
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10/10/10 Christelle Schurdevin Natural Resources Defense Council on behalf of Christelle Schurdevin
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10/10/10 Michael Schell 336 Tenants Corporation
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