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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Darynne Jessler Natural Resources Defense Council on behalf of Darynne Jessler View CommentView Comment Email: N/A
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George Weiss, Jr. Natural Resources Defense Council on behalf of George Weiss, Jr. View CommentView Comment Email: N/A
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Scotia Brosnan Natural Resources Defense Council on behalf of Scotia Brosnan View CommentView Comment Email: N/A
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Manuel Toledo Natural Resources Defense Council on behalf of Manuel Toledo View CommentView Comment Email: N/A
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Christa Harrison Natural Resources Defense Council on behalf of Christa Harrison View CommentView Comment Email: N/A
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Joan Barrow Natural Resources Defense Council on behalf of Joan Barrow View CommentView Comment Email: N/A
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Sharon Connor Natural Resources Defense Council on behalf of Sharon Connor View CommentView Comment Email: N/A
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Sylvia Boulware Natural Resources Defense Council on behalf of Sylvia Boulware View CommentView Comment Email: N/A
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Jill Bachelis Natural Resources Defense Council on behalf of Jill Bachelis View CommentView Comment Email: N/A
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Kim Vespa Natural Resources Defense Council on behalf of Kim Vespa View CommentView Comment Email: N/A
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John Clegg Natural Resources Defense Council on behalf of John Clegg View CommentView Comment Email: N/A
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Allan Campbell Natural Resources Defense Council on behalf of Allan Campbell View CommentView Comment Email: N/A
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Bonnie Breckenridge Natural Resources Defense Council on behalf of Bonnie Breckenridge View CommentView Comment Email: N/A
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Dave Kajtaniak Natural Resources Defense Council on behalf of Dave Kajtaniak View CommentView Comment Email: N/A
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John Donlin Natural Resources Defense Council on behalf of John Donlin View CommentView Comment Email: N/A
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MaryAnn Andreasson Natural Resources Defense Council on behalf of MaryAnn Andreasson View CommentView Comment Email: N/A
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Cindy Black Natural Resources Defense Council on behalf of Cindy Black View CommentView Comment Email: N/A
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Rob. Davidson Thompson Development, Inc. view CommentView Comment Email: N/A
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Bradley Barncord N/A View CommentView Comment Email: N/A
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Jennifer Reiner Natural Resources Defense Council on behalf of Jennifer Reiner View CommentView Comment Email: N/A
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Calvin Chapman Natural Resources Defense Council on behalf of Calvin Chapman View CommentView Comment Email: N/A
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Marybeth O. Green N/A Richard P. B. Green. View CommentView Comment Email: N/A
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Nancy Lowe N/A View CommentView Comment Email: N/A
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Sandra Smith N/A View CommentView Comment Email: N/A
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Jordan Perzik Natural Resources Defense Council on behalf of Jordan Perzik View CommentView Comment Email: N/A
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