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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Inna Gergel Natural Resources Defense Council on behalf of Inna Gergel View CommentView Comment Email: N/A
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Kristina Long Natural Resources Defense Council on behalf of Kristina Long View CommentView Comment Email: N/A
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Brian L. Hampton Viskaton - Johnson & Johnson Vision Care, Inc. View CommentView Comment Email: N/A
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Francine Fogarty N/A View CommentView Comment Email: N/A
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Emily Handy N/A View CommentView Comment Email: N/A
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Alan H. Goodson Natural Resources Defense Council on behalf of Alan H. Goodson View CommentView Comment Email: N/A
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Mindy Dallas 6035 Broadway Owners Corporation View CommentView Comment Email: N/A
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Lisa Chu N/A View CommentView Comment Email: N/A
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Yen Pham Natural Resources Defense Council on behalf of Yen Pham View CommentView Comment Email: N/A
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Zineb Tahiri N/A View CommentView Comment Email: N/A
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Spartak Dulaj N/A View CommentView Comment Email: N/A
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Harriet Botwnick N/A View CommentView Comment Email: N/A
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Kalison Marsha N/A View CommentView Comment Email: N/A
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Katlyn Roberts Natural Resources Defense Council on behalf of Katlyn Roberts View CommentView Comment Email: N/A
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Samandi Adams Natural Resources Defense Council on behalf of Samandi Adams View CommentView Comment Email: N/A
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Antony Sargent N/A View CommentView Comment Email: N/A
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David & Jeanne Dean Leisure World View CommentView Comment Email: N/A
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Christina Mills Natural Resources Defense Council on behalf of Christina Mills View CommentView Comment Email: N/A
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Juan Neumeister Natural Resources Defense Council on behalf of Juan Neumeister View CommentView Comment Email: N/A
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Helen Pacula Natural Resources Defense Council on behalf of Helen Pacula View CommentView Comment Email: N/A
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Victoria Kojola Natural Resources Defense Council on behalf of Victoria Kojola View CommentView Comment Email: N/A
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Amelia Krolak N/A View CommentView Comment Email: N/A
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Rawson Haverty Jr. Haverty Furniture Companies View CommentView Comment Email: N/A
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Allan B. Jones "The Rev" Natural Resources Defense Council on behalf of (The Rev.) Allan B. Jones View CommentView Comment Email: N/A
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Molly Dunn Natural Resources Defense Council on behalf of Molly Dunn View CommentView Comment Email: N/A
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