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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Margaret Clark Natural Resources Defense Council on behalf of Margaret Clark
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Jeffery Dorer Natural Resources Defense Council on behalf of Jeffery Dorer
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Michael Merenda Natural Resources Defense Council on behalf of Michael Merenda
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Mark Campbell Natural Resources Defense Council on behalf of Mark Campbell
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Robert Whetstone Natural Resources Defense Council on behalf of Robert Whetstone
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Mark Rice Natural Resources Defense Council on behalf of Mark Rice
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Cleoanne Barron Natural Resources Defense Council on behalf of Cleoanne Barron
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Edmund Gutierrez Natural Resources Defense Council on behalf of Edmund Gutierrez
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Evan Roman Natural Resources Defense Council on behalf of Evan Roman
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Rick DeGolia Natural Resources Defense Council on behalf of Rick DeGolia
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Bonnie Freeman Natural Resources Defense Council on behalf of Bonnie Freeman
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Thomas Crumpton Natural Resources Defense Council on behalf of Thomas Crumpton
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Ann McKibben Natural Resources Defense Council on behalf of Ann McKibben
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Mary Morris Natural Resources Defense Council on behalf of Mary Morris
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Matthew Heath Natural Resources Defense Council on behalf of Matthew Heath
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Hillary Peterson Natural Resources Defense Council on behalf of Hillary Peterson
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Wendy Bauer Natural Resources Defense Council on behalf of Wendy Bauer
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Kat Burgess Natural Resources Defense Council on behalf of Kat Burgess
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Craig Sherwood Natural Resources Defense Council on behalf of Craig Sherwood
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Ronald Cottrell Natural Resources Defense Council on behalf of Ronald Cottrell
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Randall Tyers Natural Resources Defense Council on behalf of Randall Tyers
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Della Leathers N/A
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Ruth J. Gitzendanner Sun City Vistoso Community Association
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Alisa Spieckerman Natural Resources Defense Council on behalf of Alisa Spieckerman
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Kathleen Moore Natural Resources Defense Council on behalf of Kathleen Moore
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