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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Kristen Willsher Natural Resources Defense Council on behalf of Kristen Willsher View CommentView Comment Email: N/A
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Nolan Lansdale Natural Resources Defense Council on behalf of Nolan Lansdale View CommentView Comment Email: N/A
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Nora Doyle Natural Resources Defense Council on behalf of Nora Doyle View CommentView Comment Email: N/A
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Ken Hedges Natural Resources Defense Council on behalf of Ken Hedges View CommentView Comment Email: N/A
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Harry & Lucille Pray Natural Resources Defense Council on behalf of Harry & Lucille Pray View CommentView Comment Email: N/A
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David Dunkleberger Natural Resources Defense Council on behalf of David Dunkleberger View CommentView Comment Email: N/A
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Andrea Williamson Natural Resources Defense Council on behalf of Andrea Williamson View CommentView Comment Email: N/A
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Mike Cannon Natural Resources Defense Council on behalf of Mike Cannon View CommentView Comment Email: N/A
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Charlie Summers N/A View CommentView Comment Email: N/A
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Michael Wetsman Natural Resources Defense Council on behalf of Michael Wetsman View CommentView Comment Email: N/A
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Janine Grace Natural Resources Defense Council on behalf of Janine Grace View CommentView Comment Email: N/A
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Shayna Kohan Natural Resources Defense Council on behalf of Shayna Kohan View CommentView Comment Email: N/A
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Jordan Foreman Natural Resources Defense Council on behalf of Jordan Foreman View CommentView Comment Email: N/A
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Andrea O'Neal Natural Resources Defense Council on behalf of Andrea O'Neal View CommentView Comment Email: N/A
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Thomas Alexander Natural Resources Defense Council on behalf of Thomas Alexander View CommentView Comment Email: N/A
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Steve Weiss Natural Resources Defense Council on behalf of Steve Weiss View CommentView Comment Email: N/A
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Melanie Ade Natural Resources Defense Council on behalf of Melanie Ade View CommentView Comment Email: N/A
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John Roberts Natural Resources Defense Council on behalf of John Roberts View CommentView Comment Email: N/A
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Terri Tuttle Natural Resources Defense Council on behalf of Terri Tuttle View CommentView Comment Email: N/A
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Joe Ripple N/A View CommentView Comment Email: N/A
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Gina Ireland Tuscany Homeowners Association View CommentView Comment Email: N/A
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Eric Kraus N/A View CommentView Comment Email: N/A
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Marcia McDuffie Natural Resources Defense Council on behalf of Marcia McDuffie View CommentView Comment Email: N/A
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Jeremy Taylor Natural Resources Defense Council on behalf of Jeremy Taylor View CommentView Comment Email: N/A
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Matthew Swyers Natural Resources Defense Council on behalf of Matthew Swyers View CommentView Comment Email: N/A
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