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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/08/10 Bob Weber Connestee Falls Property Owners Association, Inc.
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10/08/10 Loretta M. Bay Terrace Cooperative Section I, Inc.
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10/08/10 Elizabeth Pizzulli N/A
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10/08/10 Larry L. Webber Leisure World Community Association
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10/08/10 Jolene Walker DC Ranch
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10/08/10 106 Linden Towers Cooperative No. 4, Inc. Shareholders
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10/08/10 Arlene Fleishman Linden Towers Cooperative No. 4, Inc.
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10/08/10 Drew Glick Brown Harris Stevens
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10/08/10 Betty Graber Leisure World
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10/08/10 Ed Herson N/A
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10/08/10 Connie del Rosario N/A
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10/08/10 Zali Win 202-214 West 85 Owners Corporation
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10/08/10 Neal Young N/A
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10/08/10 Mina Meurkens N/A
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10/08/10 Barry Baker N/A
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10/08/10 Ran Zucher N/A
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10/08/10 Monica Rittersporn N/A
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10/08/10 Heloisa Gilbert N/A
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10/08/10 Rochelle Shipper N/A
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10/08/10 Carol Friedman N/A
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10/08/10 Victor Hollingsworth N/A
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10/08/10 Jennifer Pasbjerg N/A
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10/08/10 Theresa DeSanti N/A
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10/08/10 Natsuko Ikegami N/A
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10/08/10 Jack L. Guerrier N/A
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10/07/10 Chantal & Norman Schiller Clearview Gardens Corporation
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10/07/10 Kathleen Lambe N/A
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10/07/10 Herman Rosen N/A
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10/07/10 Vicario Brensley Phillip N/A
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10/07/10 Deborah Kraus N/A
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10/07/10 John Pelton N/A
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10/07/10 Unknown N/A
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10/07/10 Peter Tsao Clearview Gardens Corporations
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10/07/10 Joshua E. Gat 60-68 Apartment Corporation
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10/07/10 Marsha Hunter 123 Apartments Corporation
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10/07/10 Loren Mooney 1260 Apartment Corporation
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10/07/10 Stanley Chao Natural Resources Defense Council on behalf of Stanley Chao
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10/07/10 Tom Finholt Natural Resources Defense Council on behalf of Tom Finholt
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10/07/10 Lisa Muehler Natural Resources Defense Council on behalf of Lisa Muehler
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10/07/10 Nancy & Colin Markley DC Ranch
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10/07/10 David Egert Natural Resources Defense Council on behalf of David Egert
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10/07/10 Catherine Parshalle Natural Resources Defense Council on behalf of Catherine Parshalle
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10/07/10 Christine Jacobi Natural Resources Defense Council on behalf of Christine Jacobi
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10/07/10 Mayra Martinez Natural Resources Defense Council on behalf of Mayra Martinez
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10/07/10 Elizabeth Deland Natural Resources Defense Council on behalf of Elizabeth Deland
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10/07/10 Terri Hauk Natural Resources Defense Council on behalf of Terri Hauk
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10/07/10 Carolyn Thomas Natural Resources Defense Council on behalf of Carolyn Thomas
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10/07/10 Donald G. Rogers Natural Resources Defense Council on behalf of Donald G. Rogers
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10/07/10 Megan Ferry Natural Resources Defense Council on behalf of Megan Ferry
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10/07/10 Donald G. Rogers Natural Resources Defense Council on behalf of Donald G. Rogers
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