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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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 Virginia M. Burlin Bay Terrace Cooperative Section #1, Inc.
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10/07/10 Sadie S. Buchferer Bay Terrace Cooperative, Section I, Inc.
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10/07/10 Gerald O. Kaplan Linden Towers Cooperative, #4, Inc.
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10/07/10 Dona and George Kazanjian Bay Terrace Cooperative Section II, Inc.
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10/07/10 Frances and Alfred Locurcio Bay Terrace Cooperative Section II, Inc.
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10/07/10 Harriet Aronow Bay Terrace Cooperative Section III, Inc.
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10/07/10 Beverly and Seymour Corenthal Linden Towers Co-op #4 Inc.
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10/07/10 Lou Taormina N/A
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10/07/10 Marilyn A. Jackson N/A
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10/07/10 Charles Small Community Associations Institute
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10/07/10 James R. Platt 91 Central Park West Corporation
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10/07/10 Walter Larkin N/A
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10/07/10 Michael Kurtz Clearview Gardens Corporations
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10/07/10 Kathryn A. Gardow PCC Farmland Trust
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10/07/10 Elyse Myller N/A
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10/07/10 Arthur N. Landau N/A
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10/07/10 Anne McGill DC Ranch
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10/07/10 Stan Penwell CSMDirect
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10/07/10 Maxine Urheim DC Ranch
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10/07/10 Syd Kyle N/A
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10/07/10 Andrew and Karen Roberts DC Ranch
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10/07/10 Kurt Jacobson Lennar
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10/07/10 Lim LeCrone DC Ranch
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10/07/10 Mary Edna Williams North Carolina Association of REALTORS
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10/07/10 Teri Mouro and Jerome Sherman DC Ranch
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10/07/10 Patricia Van Cleave DC Ranch
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10/07/10 Brett Wightman DC Ranch
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10/07/10 Janel Freeman Quad Knopf, Inc.
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10/06/10 Judy Farrell N/A
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10/06/10 Kay Williams N/A
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10/06/10 Robert E. Doernberg N/A
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10/06/10 Kenny Marchant N/A
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10/06/10 Curtis "Rusty" Campbell The Johnson Development Corporation
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10/06/10 Victoria Tsang N/A
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10/06/10 Karen A. Berman N/A
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10/06/10 Andrea Danield N/A
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10/06/10 Adrienne Caplan N/A
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10/06/10 Heidi Merril N/A
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10/06/10 Jacqueline Pasternack Brigham Park Section IV
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10/06/10 Jeff Schroeder N/A
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10/06/10 Anne Copps New York State Bar Association
Ira S. Goldenberg; Dennis Greenstein. View Comment
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10/06/10 Heather Wendel N/A
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10/06/10 Juan M. Garcia N/A
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10/06/10 William Mayben Green Valley Landowners Association
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10/06/10 William Mayben Equinox Homes, LLC
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10/06/10 George K. Staropoli Citizens for Constitutional Local Government
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10/06/10 Mitchel Askinas N/A
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10/06/10 Mitchel Askinas N/A
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10/06/10 Farren Crabtree N/A
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10/06/10 Elizabeth Apgar N/A
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