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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
09/22/10 Jane Horton-Leasman N/A
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09/22/10 Louis Soffer Heritage Creek Condominium Association
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09/22/10 Nicholle Dagata Connecticut Association of REALTORS
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09/22/10 Barbara Kotrady N/A
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09/22/10 Matt Barber Western Skies Group, Inc.
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09/22/10 Conrad Cambron N/A
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09/22/10 Paul Hazen National Cooperative Business Association (NCBA)
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09/22/10 Dick Alt N/A
Helen Alt View Comment
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09/22/10 Charles Small Community Association Manager
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09/22/10 Angela Austin McKenzie Place Board of Directors
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09/22/10 Peggy Norris Peachtree Place Condominiums,
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09/22/10 Erik Dahl N/A
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09/22/10 John Ferrarie N/A
Eileen Ferrarie View Comment
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09/22/10 Sylvia Johnson N/A
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09/22/10 Kathleen Wells N/A
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09/22/10 Michael Bowman N/A
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09/22/10 Michael Bowman N/A
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09/22/10 Wesley Purdy Contract Marketing
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09/22/10 David Davin N/A
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09/22/10 Erv Fleishman N/A
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09/22/10 Kris Kentera New Mexico Land Company, LLC
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09/22/10 Dana Ippoliti Sienna Plantation Resident
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09/22/10 Sue A. Sweeney Sun City Hilton Head Community Association
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09/22/10 George Bell Winston-Salem Regional Association of REALTORS, Inc.
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09/22/10 Marybeth Muldowney Plymouth and South Shore Association of REALTORS, Inc.
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09/22/10 Lester Friedman Central Oregon Association of REALTORS
Kathy Ragsdale View Comment
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09/22/10 Steven Spinola Real Estate Board of New York (REBNY)
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09/22/10 Bob Sharpe The Rancho Sahuarita Company
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09/22/10 Laura S. Crowther Coastal Carolinas Association of REALTORS, Inc.
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09/22/10 Charles B. Cornwell Greater Piedmont Area Association of Realtors, Inc.
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09/22/10 Tim Hudson Billings Association of REALTORS
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09/22/10 Elizabeth J. Mendenhall Missouri Association of REALTORS President
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09/22/10 Jennie Zopfi River Counties Association of REALTORS (RCAR)
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09/22/10 Ryan Miller N/A
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09/21/10 Cindy Stackhouse Virginia Association of REALTORS
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09/21/10 Dennis Brown Seattle King County Realtors
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09/21/10 Mike Moger Boulder Area REALTOR Association
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09/21/10 Marc Chadbourne Maine Association of REALTORS
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09/21/10 The Greater Idaho Falls Association of REALTORS
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09/21/10 Christine Chase Mainstreet Organization of REALTORS
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09/21/10 DANIEL C. GALLAGHER The Whitehall Cooperative
MARGARET A. WHELAN, The Whitehall Coop; View Comment
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09/21/10 Jeff Ings N/A
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09/21/10 John Connolly Kiawah Island Cottage Owners Association
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09/21/10 Santa Clara County Association of REALTORS
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09/21/10 James Stirewalt, II N/A
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09/21/10 D. Paul Clark South Bay Association of REALTORS
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09/21/10 Larry Johnson Arlington Board of REALTORS, Inc.
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09/21/10 Marge Stanley Bretton Woods Homeowners Association, Inc.
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09/21/10 Kettle Moraine Kettle Moraine REALTORS Association
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09/21/10 Bob Mariani Sun City Vistoso Community Association, Inc.
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