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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Mercedes & John Borzyskowski DC Ranch View CommentView Comment Email: N/A
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Dennis Bishop Natural Resources Defense Council on behalf of Dennis Bishop View CommentView Comment Email: N/A
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Judith Poxon Natural Resources Defense Council on behalf of Judith Poxon View CommentView Comment Email: N/A
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Sandra Obleas Natural Resources Defense Council on behalf of Sandra Obleas View CommentView Comment Email: N/A
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Terry Hunefeld Natural Resources Defense Council on behalf of Terry Hunefeld View CommentView Comment Email: N/A
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Kumar Sundar Natural Resources Defense Council on behalf of Kumar Sundar View CommentView Comment Email: N/A
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Sharon Wong Natural Resources Defense Council on behalf of Sharon Wong View CommentView Comment Email: N/A
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Alex Escott Natural Resources Defense Council on behalf of Alex Escott View CommentView Comment Email: N/A
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Tina Holt Natural Resources Defense Council on behalf of Tina Holt View CommentView Comment Email: N/A
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Mike Clipka Natural Resources Defense Council on behalf of Mike Clipka View CommentView Comment Email: N/A
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Kathleen Smieszek DC Ranch View CommentView Comment Email: N/A
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Ameer Sanghvi Natural Resources Defense Council on behalf of Ameer Sanghvi View CommentView Comment Email: N/A
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Tasha Boucher Natural Resources Defense Council on behalf of Tasha Boucher 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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Bob Decker HBA of Kern County View CommentView Comment Email: N/A
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Yanula Pengenika Natural Resources Defense Council on behalf of Yanula Pengenika View CommentView Comment Email: N/A
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Shannon Martinez Golden Empire Mortgage (GEM) View CommentView Comment Email: N/A
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Kevin Canning Planning and Land Use Services View CommentView Comment Email: N/A
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Edward McNeal Black Swamp Conservancy View CommentView Comment Email: N/A
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Penny Kaufman 58 Housing Corporation View CommentView Comment Email: N/A
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Mattioli Antonio Natural Resources Defense Council on behalf of Mattioli Antonio View CommentView Comment Email: N/A
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Victoria Spruce Natural Resources Defense Council on behalf of Victoria Spruce View CommentView Comment Email: N/A
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Paula Zerzan Natural Resources Defense Council on behalf of Paula Zerzan View CommentView Comment Email: N/A
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