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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Mark Waite Natural Resources Defense Council on behalf of Mark Waite View CommentView Comment Email: N/A
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George Ouellette Natural Resources Defense Council on behalf of George Ouellette View CommentView Comment Email: N/A
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Lori Shannon Natural Resources Defense Council on behalf of Lori Shannon View CommentView Comment Email: N/A
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Janna Pinnell Natural Resources Defense Council on behalf of Janna Pinnell View CommentView Comment Email: N/A
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Claire Chambers Natural Resources Defense Council on behalf of Claire Chambers View CommentView Comment Email: N/A
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Kirsten Holmquist Natural Resources Defense Council on behalf of Kirsten Holmquist View CommentView Comment Email: N/A
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Riki Poetoehena Natural Resources Defense Council on behalf of Riki Poetoehena View CommentView Comment Email: N/A
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Dianne Douglas Natural Resources Defense Council on behalf of Dianne Douglas View CommentView Comment Email: N/A
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Lindsay Mugglestone Natural Resources Defense Council on behalf of Lindsay Mugglestone View CommentView Comment Email: N/A
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Dolores Arond Natural Resources Defense Council on behalf of Dolores Arond View CommentView Comment Email: N/A
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Marylynn Grimes Natural Resources Defense Council on behalf of Marylynn Grimes View CommentView Comment Email: N/A
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Luis Mendieta Natural Resources Defense Council on behalf of Luis Mendieta View CommentView Comment Email: N/A
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Madeleine Berke Natural Resources Defense Council on behalf of Madeleine Berke View CommentView Comment Email: N/A
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Marcia Robinson Natural Resources Defense Council on behalf of Marcia Robinson View CommentView Comment Email: N/A
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Ana Abraldes Natural Resources Defense Council on behalf of Ana Abraldes View CommentView Comment Email: N/A
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Traci Squyres Natural Resources Defense Council on behalf of Traci Squyres View CommentView Comment Email: N/A
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Louise Clayton Natural Resources Defense Council on behalf of Louise Clayton View CommentView Comment Email: N/A
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Trent Wilfinger DC Ranch View CommentView Comment Email: N/A
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Michelle Dougherty Natural Resources Defense Council on behalf of Michelle Dougherty View CommentView Comment Email: N/A
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Johnny & Lynda Ashcraft N/A View CommentView Comment Email: N/A
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Larry Simonetti N/A View CommentView Comment Email: N/A
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Suzanne Blom The Oaks Townhouse Community View CommentView Comment Email: N/A
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Evelyn Stern Natural Resources Defense Council on behalf of Evelyn Stern View CommentView Comment Email: N/A
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Gary Carter Natural Resources Defense Council on behalf of Gary Carter View CommentView Comment Email: N/A
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Jerry Pinnix Natural Resources Defense Council on behalf of Jerry Pinnix View CommentView Comment Email: N/A
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