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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Renee McCollum Natural Resources Defense Council on behalf of Renee McCollum View CommentView Comment Email: N/A
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Gary Brooker Natural Resources Defense Council on behalf of Gary Brooker View CommentView Comment Email: N/A
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Brad Martin Natural Resources Defense Council on behalf of Brad Martin View CommentView Comment Email: N/A
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Laura Juszak Natural Resources Defense Council on behalf of Laura Juszak View CommentView Comment Email: N/A
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Almae Leal Natural Resources Defense Council on behalf of Almae Leal View CommentView Comment Email: N/A
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J. Holley Taylor Natural Resources Defense Council on behalf of J. Holley Taylor View CommentView Comment Email: N/A
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Margarita Sanchez Natural Resources Defense Council on behalf of Margarita Sanchez View CommentView Comment Email: N/A
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Joseph Skelley Natural Resources Defense Council on behalf of Joseph Skelley View CommentView Comment Email: N/A
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Matthew Quellas Natural Resources Defense Council on behalf of Matthew Quellas View CommentView Comment Email: N/A
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Sheila Spencer Natural Resources Defense Council on behalf of Sheila Spencer View CommentView Comment Email: N/A
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Steve Freedman Natural Resources Defense Council on behalf of Steve Freedman View CommentView Comment Email: N/A
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Catalina Valverde-Ayllon Natural Resources Defense Council on behalf of Catalina Valverde-Ayllon View CommentView Comment Email: N/A
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Timothy Prough Natural Resources Defense Council on behalf of Timothy Prough view CommentView Comment Email: N/A
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Vic. Bostock Natural Resources Defense Council on behalf of Vic. Bostock View CommentView Comment Email: N/A
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Jude Skurray Natural Resources Defense Council on behalf of Jude Skurray View CommentView Comment Email: N/A
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Rose-Marie Armstrong 333 E. 46 St. Corp. View CommentView Comment Email: N/A
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Donald Webb Natural Resources Defense Council on behalf of Donald Webb View CommentView Comment Email: N/A
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Mary K. Rutherfurd N/A View CommentView Comment Email: N/A
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Peter Lyon N/A View CommentView Comment Email: N/A
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DS Powell Natural Resources Defense Council on behalf of DS Powell View CommentView Comment Email: N/A
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Azalia Poppystone Natural Resources Defense Council on behalf of Azalia Poppystone View CommentView Comment Email: N/A
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Fassio Elder Natural Resources Defense Council on behalf of Fassio Elder View CommentView Comment Email: N/A
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Murray Kelley 524 East 6th St. HDFC, Inc. View CommentView Comment Email: N/A
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Thomas H. Stevenson Mor 7th Avenue Owners Corp. View CommentView Comment Email: N/A
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Phil Crist Natural Resources Defense Council on behalf of Phil Crist View CommentView Comment Email: N/A
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