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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Samuel Hergenrather Natural Resources Defense Council on behalf of Samuel Hergenrather View CommentView Comment Email: N/A
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Hilarey Benda Natural Resources Defense Council on behalf of Hilarey Benda View CommentView Comment Email: N/A
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Shandon Schmeiske Natural Resources Defense Council on behalf of Shandon Schmeiske View CommentView Comment Email: N/A
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Jordan Goldman Natural Resources Defense Council on behalf of Jordan Goldman View CommentView Comment Email: N/A
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Lance Cain Natural Resources Defense Council on behalf of Lance Cain View CommentView Comment Email: N/A
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Alice Brenner Natural Resources Defense Council on behalf of Alice Brenner View CommentView Comment Email: N/A
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Lisa Meylor Natural Resources Defense Council on behalf of Lisa Meylor View CommentView Comment Email: N/A
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Lyle Henry Natural Resources Defense Council on behalf of Lyle Henry View CommentView Comment Email: N/A
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Joe Salazar Natural Resources Defense Council on behalf of Joe Salazar View CommentView Comment Email: N/A
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Leah Ortiz Natural Resources Defense Council on behalf of Leah Ortiz View CommentView Comment Email: N/A
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Shelley Hyatt Natural Resources Defense Council on behalf of Shelley Hyatt View CommentView Comment Email: N/A
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Peggy Andersen Natural Resources Defense Council on behalf of Peggy Andersen View CommentView Comment Email: N/A
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Artineh Havan Natural Resources Defense Council on behalf of Artineh Havan View CommentView Comment Email: N/A
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Steve Henry Natural Resources Defense Council on behalf of Steve Henry View CommentView Comment Email: N/A
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Thomas Nishimura Natural Resources Defense Council on behalf of Thomas Nishimura View CommentView Comment Email: N/A
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Stanley & Donna Whitmarsh Natural Resources Defense Council on behalf of Stanley & Donna Whitmarsh View CommentView Comment Email: N/A
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Beth Braun Natural Resources Defense Council on behalf of Beth Braun View CommentView Comment Email: N/A
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Robert McCaffrey The McCaffrey Group, Inc. View CommentView Comment Email: N/A
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Thomas Wright N/A View CommentView Comment Email: N/A
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Larry Lubin N/A View CommentView Comment Email: N/A
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Rebecca Gustafson Natural Resources Defense Council on behalf of Rebecca Gustafson View CommentView Comment Email: N/A
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Stephen Stranahan N/A View CommentView Comment Email: N/A
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Julie Jehly Natural Resources Defense Council on behalf of Julie Jehly View CommentView Comment Email: N/A
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Lynda Lamb Natural Resources Defense Council on behalf of Lynda Lamb View CommentView Comment Email: N/A
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Rosemary Churnside Natural Resources Defense Council on behalf of Rosemary Churnside View CommentView Comment Email: N/A
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