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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
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
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Date First Name Last Name Organization Comment
Michael Nardi Fire Island Pines, Inc. View CommentView Comment Email: N/A
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Julie Beer Natural Resources Defense Council on behalf of Julie Beer View CommentView Comment Email: N/A
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Mrs. Walston Caroline Natural Resources Defense Council on behalf of Walston Caroline View CommentView Comment Email: N/A
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Nancy Devaux San Juan Community Home Trust View CommentView Comment Email: N/A
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Matt Hamilton N/A View CommentView Comment Email: N/A
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Kevin L. Shepherd American College of Real Estate Lawyers View CommentView Comment Email: N/A
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Ying Perez N/A View CommentView Comment Email: N/A
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Jo Beverly Houser Natural Resources Defense Council on behalf of Jo Beverly Houser View CommentView Comment Email: N/A
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Josefina Vidal Natural Resources Defense Council on behalf of Josefina Vidal View CommentView Comment Email: N/A
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Mary Jill Clark Natural Resources Defense Council on behalf of Mary Jill Clark View CommentView Comment Email: N/A
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Ivor Frischknecht Natural Resources Defense Council on behalf of ivor Frischknecht View CommentView Comment Email: N/A
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Nigel Saylor Natural Resources Defense Council on behalf of Nigel Saylor View CommentView Comment Email: N/A
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Chad Mallett Natural Resources Defense Council on behalf of Chad Mallett View CommentView Comment Email: N/A
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Nancy Kelly Natural Resources Defense Council on behalf of Nancy Kelly View CommentView Comment Email: N/A
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Michael Linvill Natural Resources Defense Council on behalf of Michael Linvill View CommentView Comment Email: N/A
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Elizabeth McHenry Natural Resources Defense Council on behalf of Elizabeth McHenry View CommentView Comment Email: N/A
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Sukey Barnhart Natural Resources Defense Council on behalf of Sukey Barnhart View CommentView Comment Email: N/A
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Inês Guerra Natural Resources Defense Council on behalf of Inês Guerra View CommentView Comment Email: N/A
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Laura Herndon Natural Resources Defense Council on behalf of Laura Herndon View CommentView Comment Email: N/A
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Lionel Mares Natural Resources Defense Council on behalf of Lionel Mares View CommentView Comment Email: N/A
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Anthony DeRiggi Natural Resources Defense Council on behalf of Anthony DeRiggi View CommentView Comment Email: N/A
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Paul Hunrichs Natural Resources Defense Council on behalf of Paul Hunrichs View CommentView Comment Email: N/A
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Susan Shapiro Natural Resources Defense Council on behalf of Susan Shapiro View CommentView Comment Email: N/A
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Mariana Almeida Natural Resources Defense Council on behalf of Mariana Almeida View CommentView Comment Email: N/A
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Mike Dummer Natural Resources Defense Council on behalf of Mike Dummer View CommentView Comment Email: N/A
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