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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/07/10 Cailah Moschella Natural Resources Defense Council on behalf of Cailah Moschella
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10/07/10 Mike Pfeffer Natural Resources Defense Council on behalf of Mike Pfeffer
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10/07/10 Jacqueline Lasahn Natural Resources Defense Council on behalf of Jacqueline Lasahn
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10/07/10 Julia Uribe Natural Resources Defense Council on behalf of Julia Uribe
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10/07/10 Rene Harp Natural Resources Defense Council on behalf of Rene Harp
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10/07/10 Sally Simpson Natural Resources Defense Council on behalf of Sally Simpson
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10/07/10 Blake Wilson Natural Resources Defense Council on behalf of Blake Wilson
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10/07/10 Carol Carson Natural Resources Defense Council on behalf of Carol Carson
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10/07/10 Ms. E. Peterson Natural Resources Defense Council on behalf of E. Peterson
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10/07/10 Jennifer Patton Natural Resources Defense Council on behalf of Jennifer Patton
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10/07/10 Sarah Baker Natural Resources Defense Council on behalf of Sarah Baker
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10/07/10 Laura Lynch Natural Resources Defense Council on behalf of Laura Lynch
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10/07/10 Ms. L. Hanzel Natural Resources Defense Council on behalf of L. Hanzel
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10/07/10 Kathryn Richardson Natural Resources Defense Council on behalf of Kathryn Richardson
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10/07/10 Ms. Meri Dreyfuss Natural Resources Defense Council on behalf of Meri Dreyfuss
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10/07/10 Jim Phillips Natural Resources Defense Council on behalf of Jim Phillips
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10/07/10 Kim Treadwell Natural Resources Defense Council on behalf of Kim Treadwell
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10/07/10 Zane Stiffler Natural Resources Defense Council on behalf of Zane Stiffler
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10/07/10 Julie Whitcomb Natural Resources Defense Council on behalf of Julie Whitcomb
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10/07/10 Leana Hall Natural Resources Defense Council on behalf of Leana Hall
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10/07/10 Chris Ashton Natural Resources Defense Council on behalf of Chris Ashton
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10/07/10 James Pierson Natural Resources Defense Council on behalf of James Pierson
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10/07/10 Annie Belt Natural Resources Defense Council on behalf of Annie Belt
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10/07/10 Pamela Magers Natural Resources Defense Council on behalf of Pamela Magers
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10/07/10 Dominick Falzone Natural Resources Defense Council on behalf of Dominick Falzone
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10/07/10 Pamela Franzone Natural Resources Defense Council on behalf of Pamela Franzone
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10/07/10 Linda Robb Natural Resources Defense Council on behalf of Linda Robb
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10/07/10 Gabriel Sheets Natural Resources Defense Council on behalf of Gabriel Sheets
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10/07/10 Ronnie Melin Natural Resources Defense Council on behalf of Ronnie Melin
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10/07/10 Jimmy Nguyen Natural Resources Defense Council on behalf of Jimmy Nguyen
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10/07/10 Dana Bettwy Natural Resources Defense Council on behalf of Dana Bettwy
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10/07/10 Ms. Lee Smith Natural Resources Defense Council on behalf of Lee Smith
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10/07/10 Dona van Bloemen Natural Resources Defense Council on behalf of Dona van Bloemen
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10/07/10 Steve and Marion Bell N/A
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10/07/10 Jennifer Wilson N/A
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10/07/10 Dawn Norton N/A
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10/07/10 Wm and Darlene Naskoviak Rancho Resort
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10/07/10 Martin Hoffman 201 West 89 Owners, Inc.
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10/07/10 George Litton 91 Central Park West Corporation
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10/07/10 Barbara Karp Shuster 91 Central Park West Corporation
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10/07/10 Peter Janovsky 91 Central Park West Corporation
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10/07/10 Suzel Stamoleman N/A
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10/07/10 Paul Campos Building Industry Association of the Bay Area
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10/07/10 John and Anne MacNicholl N/A
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10/07/10 Rick Taylor HTK Structural Engineers
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10/07/10 Francis Maurer N/A
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10/07/10 Allison Easter Hillview Towers Corporation
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10/07/10 Carl Mankowitz 302 West 86th Owners Corporation
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10/07/10 James C. Ghielmetti Signature Homes
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10/07/10 Audrey Kaplan Linden Towers, #4, Inc.
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