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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Margaret Fort DC Ranch View CommentView Comment Email: N/A
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Christina Smith Natural Resources Defense Council on behalf of Christina Smith View CommentView Comment Email: N/A
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Michael Chimenti N/A View CommentView Comment Email: N/A
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Karen Romano Natural Resources Defense Council on behalf of Karen Romano View CommentView Comment Email: N/A
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Dogan Ozkan Natural Resources Defense Council on behalf of Dogan Ozkan View CommentView Comment Email: N/A
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Alan Sharpe Natural Resources Defense Council on behalf of Alan Sharpe View CommentView Comment Email: N/A
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Michael Tullius Natural Resources Defense Council on behalf of Michael Tullius View CommentView Comment Email: N/A
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Robert Davis Natural Resources Defense Council on behalf of Robert Davis View CommentView Comment Email: N/A
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Lynne Cleary Natural Resources Defense Council on behalf of Lynne Cleary View CommentView Comment Email: N/A
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David Jones Natural Resources Defense Council on behalf of David Jones View CommentView Comment Email: N/A
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Robert Seltzer Natural Resources Defense Council on behalf of Robert Seltzer View CommentView Comment Email: N/A
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Jennifer Toth Natural Resources Defense Council on behalf of Jennifer Toth View CommentView Comment Email: N/A
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Allan Young Natural Resources Defense Council on behalf of Allan Young View CommentView Comment Email: N/A
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Susan Stover Natural Resources Defense Council on behalf of Susan Stover View CommentView Comment Email: N/A
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Lori Lentz Natural Resources Defense Council on behalf of Lori Lentz View CommmentView Comment Email: N/A
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Mr. J. Hynd Natural Resources Defense Council on behalf of J. Hynd View CommentView Comment Email: N/A
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Ron Avila Natural Resources Defense Council on behalf of Ron Avila View CommentView Comment Email: N/A
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Michael Tessaro N/A View CommentView Comment Email: N/A
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Diane Wessing Natural Resources Defense Council on behalf of Diane Wessing View CommentView Comment Email: N/A
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Marilynn Smith Natural Resources Defense Council on behalf of Marilynn Smith View CommentView Comment Email: N/A
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A. Andrea Heiny Natural Resources Defense Council on behalf of A. Andrea Heiny View CommentView Comment Email: N/A
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Mike Consiglio Shapell Homes View CommentView Comment Email: N/A
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Joe Renga N/A View CommentView Comment Email: N/A
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Michael Haskell Natural Resources Defense Council on behalf of Michael Haskell View CommentView Comment Email: N/A
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Janet Wright Natural Resources Defense Council on behalf of Janet Wright View CommentView Comment Email: N/A
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