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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Vivian Trakinski 91 Payson Owners Corp. View CommentView Comment Email: N/A
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Nereida Escobar Natural Resources Defense Council on behalf of Nereida Escobar View CommentView Comment Email: N/A
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Sabine Brock Natural Resources Defense Council on behalf of Sabine Brock View CommentView Comment Email: N/A
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Lorien Smyer Natural Resources Defense Council on behalf of Lorien Smyer View CommentView Comment Email: N/A
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Carla S. Compton Natural Resources Defense Council on behalf of Carla S. Compton View CommentView Comment Email: N/A
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Candy Bowman Natural Resources Defense Council on behalf of Candy Bowman View CommentView Comment Email: N/A
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Elaine Manio Natural Resources Defense Council on behalf of Elaine Manio View CommentView Comment Email: N/A
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Susie Zwiener Natural Resources Defense Council on behalf of Susie Zwiener View CommentView Comment Email: N/A
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Tim & Adrienne Olson DC Ranch View CommentView Comment Email: N/A
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Wilbur Hoff Natural Resources Defense Council on behalf of Wilbur Hoff View CommentView Comment Email: N/A
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Beth Cohen Natural Resources Defense Council on behalf of Beth Cohen View CommentView Comment Email: N/A
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Probyn Gregory Natural Resources Defense Council on behalf of Probyn Gregory View CommentView Comment Email: N/A
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Amanda Fish Natural Resources Defense Council on behalf of Amanda Fish View CommentView Comment Email: N/A
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Diane Gibeau Natural Resources Defense Council on behalf of Diane Gibeau View CommentView Comment Email: N/A
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Joan Victor Natural Resources Defense Council on behalf of Joan Victor View CommentView Comment Email: N/A
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Penelope Johnstone Natural Resources Defense Council on behalf of Penelope Johnstone View CommentView Comment Email: N/A
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Jesse Gore Natural Resources Defense Council on behalf of Jesse Gore View CommentView Comment Email: N/A
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Lawrence Scrima Natural Resources Defense Council on behalf of Lawrence Scrima View CommentView Comment Email: N/A
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GP Kollarson Natural Resources Defense Council on behalf of GP Kollarson View CommentView Comment Email: N/A
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Barbara Bryan Stan Corporation View CommentView Comment Email: N/A
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Merle Klebanoff DC Ranch View CommentView Comment Email: N/A
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Pam Larrabee Village Grande View CommentView Comment Email: N/A
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Diana Whiting Natural Resources Defense Council on behalf of Diana Whiting View CommentView Comment Email: N/A
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Donald Stuart Natural Resources Defense Council on behalf of Donald Stuart View commentView Comment Email: N/A
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Sean Perry Natural Resources Defense Council on behalf of Sean Perry View CommentView Comment Email: N/A
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