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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/06/10 Corliss Lee N/A
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10/06/10 Donna Ridley N/A
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10/06/10 Donna Lawler Orange Coast Title Company
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10/06/10 Robert Odle N/A
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10/06/10 Todd Leibl N/A
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10/06/10 Barbara Good N/A
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10/06/10 Dave Bulloch N/A
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10/06/10 Charles Hack 16 Sutton Place Apartment Corporation
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10/06/10 Kristine Thalman BIASC Orange County
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10/06/10 Ryan Holmes N/A
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10/06/10 Walter Coursen N/A
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10/06/10 Gregg Schnepple N/A
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10/06/10 Ron Marlette Mission Solano
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10/06/10 Virgil Yoakum Woodforest
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10/06/10 Jeff Proteau Telluride Mountain Village Owners Association
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10/06/10 Dominique A. Bodevin 20 East 74th Street, Inc.
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10/06/10 Alex Silverman 20 East 74th St., Inc.
Belle Silverman. View Comment
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10/06/10 Unknown Clearview Gardens Cooperative
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10/06/10 Linda Shatzer 145 East 84th Street Cooperative
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10/06/10 Morgan Hill N/A
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10/06/10 Robin Sand Clearview Gardens Cooperation
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10/06/10 Terry Fletcher Richards Plumbing, Inc.
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10/06/10 Liz Jackson N/A
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10/06/10 Betty Liang N/A
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10/06/10 Judy Close NYS Senator Joseph Addaboo, Jr.
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10/06/10 Dave Vallelunga N/A
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10/06/10 Del Barbray N/A
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10/06/10 Anne & David A. Wolfe Canal Pointe Board of Trustees
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10/06/10 Kevin D. Freel N/A
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10/06/10 Jackie End 40 East 19th Street Corporation
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10/06/10 Phil Gray N/A
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10/06/10 Mark Knorringa N/A
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10/06/10 Unknown 40 West End Ave. Owners Corporation
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10/06/10 Robert Dawson Pardee Homes
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10/06/10 Unknown N/A
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10/06/10 Jackie Hare N/A
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10/05/10 Sabra Turnbull The O'Neill Condominium
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10/05/10 Sandra Rippe N/A
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10/05/10 Eric and Colleen Jiran N/A
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10/05/10 Tom Geller N/A
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10/05/10 Janet and Mark Thew N/A
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10/05/10 James E. Pace N/A
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10/05/10 Unknown N/A
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10/05/10 Meredith Pillon N/A
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10/05/10 Kermit Mohn Resident of South Carolina
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10/05/10 Ronald Randolph Colonial Heritage
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10/05/10 Lisa Stephenson Greater Louisville Association of Realtors
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10/05/10 Dana Leavitt N/A
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10/05/10 Valarie Lamour N/A
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10/05/10 Tierzah Smith Mariposa County Board of REALTORS
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