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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
10/05/10 J. Victor Chatigny N/A
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10/05/10 Clint Swartz The Villages of Green Valley
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10/05/10 Stan Riddle Green Valley Community Coordinating Council (CVCCC)
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10/05/10 Constance O'Brien Country Club Estates
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10/05/10 Robert Kantor Time Equities, Inc.
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10/05/10 Jerry Coffey Green Valley Country Club North HOA
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10/05/10 Mark S. Weprin New York City Council Member
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10/05/10 Linda Mills San Ignacio Ridge Estates HOA
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10/05/10 Joelle Gomez Womens Center of San Joaquin County
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10/05/10 Karen Gastiaburo N/A
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10/05/10 Joyce Weidenaar North American Bank
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10/05/10 Alan Lowenthal California Senate Transportation and Housing Committee
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10/05/10 Unknown N/A
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10/05/10 C. L. Castor, Jr. N/A
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10/05/10 Rebecca Scarlett N/A
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10/05/10 Samuel Thomas Milbank N/A
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10/05/10 Kathleen Able N/A
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10/05/10 Irene Smaul N/A
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10/05/10 Lisa Vernon N/A
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10/05/10 Steve Kuehler N/A
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10/05/10 Robert Rutkowski N/A
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10/05/10 Carlos Nunez N/A
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10/05/10 Meg Waltner N/A
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10/05/10 Lela Valencia N/A
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10/05/10 Holley Hankinson N/A
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10/05/10 Neil Redlien N/A
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10/05/10 Frank X. Kleshinski N/A
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10/05/10 Sherry McBride N/A
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10/05/10 Mark Ball N/A
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10/05/10 Mary Hall Mayer N/A
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10/05/10 Bruce Langson Langson Development
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10/05/10 Dean C. Antonakos N/A
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10/05/10 Thomas Adomsky N/A
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10/05/10 Ananya Hixon N/A
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10/05/10 Susan McReynolds N/A
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10/05/10 Shari Stratton N/A
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10/05/10 Richard Balestreri K. Hovnanian Homes
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10/05/10 Michael Workman N/A
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10/05/10 Unknown N/A
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10/05/10 Dallas Page N/A
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10/05/10 Lisa Catapano N/A
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10/05/10 Lonna Richmond N/A
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10/05/10 Dinah Fedorow N/A
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10/05/10 Dina Zubia N/A
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10/05/10 Miss R R N/A
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10/05/10 Karen Kramer N/A
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10/05/10 Jerre Miller N/A
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10/05/10 Caroline Harzewski N/A
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10/05/10 NRDC
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10/05/10 Patricia Dambrosio N/A
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