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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Suzanne Richmond N/A View CommentView Comment Email: N/A
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Joanne Walen Leisure World View CommentView Comment Email: N/A
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Sky Pape 91 Payson Owners Corp. View CommentView Comment Email: N/A
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Samantha Martin Natural Resources Defense Council on behalf of Samantha Martin View CommentView Comment Email: N/A
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Lacey Pierson Natural Resources Defense Council on behalf of Lacey Pierson View CommentView Comment Email: N/A
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Parshotam Ruchandani N/A View CommentView Comment Email: N/A
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Charles Berry N/A View CommentView Comment Email: N/A
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Barbara Lombardo N/A View CommentView Comment Email: N/A
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Larry Dennis Natural Resources Defense Council on behalf of Larry Dennis View CommentView Comment Email: N/A
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Joanna Bagatta Natural Resources Defense Council on behalf of Joanna Bagatta View CommentView Comment Email: N/A
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Seemin Qayum Natural Resources Defense Council on behalf of Seemin Qayum View CommentView Comment Email: N/A
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Philip Henn N/A View CommentView Comment Email: N/A
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Gretchen Bleiler Natural Resources Defense Council on behalf of Gretchen Bleiler View CommentView Comment Email: N/A
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Kirk Rhoads Natural Resources Defense Council on behalf of Kirk Rhoads View CommentView Comment Email: N/A
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Brian Cronin Natural Resources Defense Council on behalf of Brian Cronin View CommentView Comment Email: N/A
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Barbara J. Harris N/A View CommentView Comment Email: N/A
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Kirstin Mayes Natural Resources Defense Council on behalf of Kirstin Mayes View CommentView Comment Email: N/A
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Emily Brown Natural Resources Defense Council on behalf of Emily Brown View CommentView Comment Email: N/A
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Edward Johnson Natural Resources Defense Council on behalf of Edward Johnson View CommentView Comment Email: N/A
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Jeff & Amber Messaros DC Ranch View CommentView Comment Email: N/A
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Shoshanah McKnight Natural Resources Defense Council on behalf of Shoshanah McKnight View CommentView Comment Email: N/A
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Jeffrey Vandenburgh Natural Resources Defense Council on behalf of Jeffrey Vandenburgh View CommentView Comment Email: N/A
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Linda Truong Natural Resources Defense Council on behalf of Linda Truong View CommentView Comment Email: N/A
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Michelle Thorpe DC Ranch View CommentView Comment Email: N/A
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Stephen T. Marsden DC Ranch View CommentView Comment Email: N/A
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