Skip to main content
Notice Details
Type
Notice
Number
2010-N-11
Group
Fannie Mae
Freddie Mac
Document Number
2010-20108
Federal Register Publish Date
08/16/2010
Federal Register Citation
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
file download iconCSV
Date First Name Last Name Organization Comment
Carrie E. Banks North Carolina Rail-Trails View CommentView Comment Email: N/A
Attachment: View Attachment
Dorothy W. Dugger San Francisco Bay Area Rapid Transit District View CommentView Comment Email: N/A
Attachment: View Attachment
Steve Orselet N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Kanani Kealoha-Faleafine N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Keith Donahue Real Estate Council of Austin, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Robert Falcone N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Lisa Smith Linden Towers Cooperative No. 6 View CommentView Comment Email: N/A
Attachment: View Attachment
Patricia Jones Lower 9th Ward Neighborhood Empowerment Network Association (NENA) View CommentView Comment Email: N/A
Attachment: View Attachment
Gene Gomberg FirstService Residential Management View CommentView Comment Email: N/A
Attachment: View Attachment
Kirstie Palmer N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Michelle Griffith ARCH Community Housing Trust View CommentView Comment Email: N/A
Attachment: View Attachment
Abigail Lash N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Marjorie Murray Center for California Homeowner Association Law View CommentView Comment Email: N/A
Attachment: View Attachment
Unknown N/A View CommentView Comment Email: N/A
Attachment: View Attachment
David S. Fisher Federal Home Loan Bank of Topeka View CommentView Comment Email: N/A
Attachment: View Attachment
Meg Siegel N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Wu Wing K. 8 Linden Towers Cooperative No. 3 View CommentView Comment Email: N/A
Attachment: View Attachment
Barbara Navin Thistle Community Land Trust View CommentView Comment Email: N/A
Attachment: View Attachment
Karen Kennerly N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Kinnaird Fox N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Joshua W. Shaw California Transit Association View CommentView Comment Email: N/A
Attachment: View Attachment
Elizabeth A. Spencer Austin Housing Finance Corporation View CommentView Comment Email: N/A
Attachment: View Attachment
John R. Ryan Seward Park View CommentView Comment Email: N/A
Attachment: View Attachment
Jean M. Delaney Smith 318 West 15th Street Apartment Corp. View CommentView Comment Email: N/A
Attachment: View Attachment
Richard A. Van Benschoten Seward Park Cooperative View CommentView Comment Email: N/A
Attachment: View Attachment