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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Katerina Karneris Natural Resources Defense Council on behalf of Katerina Karneris View CommentView Comment Email: N/A
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Gail Baum The Forest Hills Owners Corporation View CommentView Comment Email: N/A
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Jonathan Green Natural Resources Defense Council on behalf of Jonathan Green View CommentView Comment Email: N/A
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Felicia de Chabris N/A View CommentView Comment Email: N/A
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Michael McLaughlin Natural Resources Defense Council on behalf of Michael McLaughlin View CommentView Comment Email: N/A
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Nicole Reicher Natural Resources Defense Council on behalf of Nicole Reicher View CommentView Comment Email: N/A
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Kristina Thorpe Natural Resources Defense Council on behalf of Kristina Thorpe View CommentView Comment Email: N/A
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Erik Dabel Natural Resources Defense Council on behalf of Erik Dabel View CommentView Comment Email: N/A
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Kristen Bunting Natural Resources Defense Council on behalf of Kristen Bunting View CommentView Comment Email: N/A
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Rochelle Bass N/A View CommentView Comment Email: N/A
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Jeri Pollock Natural Resources Defense Council on behalf of Jeri Pollock View CommentView Comment Email: N/A
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Phyllis Montour Natural Resources Defense Council on behalf of Phyllis Montour View CommentView Comment Email: N/A
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Greg Kammerer N/A View CommentView Comment Email: N/A
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Phyllis Bleiweis Phyllis Bleiweis and Associates, LLC View CommentView Comment Email: N/A
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Donna Olshan N/A View CommentView Comment Email: N/A
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Jodi Nath N/A View CommentView Comment Email: N/A
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Kimberly Ridley DC Ranch View CommentView Comment Email: N/A
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Marta Chavira Natural Resources Defense Council on behalf of Marta Chavira View CommentView Comment Email: N/A
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Jeffery Welch N/A View CommentView Comment Email: N/A
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Diane Rocca N/A View CommentView Comment Email: N/A
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Sharon Pittman Natural Resources Defense Council on behalf of Sharon Pittman View CommentView Comment Email: N/A
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Byron & Karen Wertz DC Ranch View CommentView Comment Email: N/A
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Loretta Lorden N/A View CommentView Comment Email: N/A
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Jeanette M. Quinn DC Ranch View CommentView Comment Email: N/A
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Maria C. Bate N/A View CommentView Comment Email: N/A
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