Skip to main content
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
file download iconCSV
Date First Name Last Name Organization Comment
Elizabeth Pizzulli N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Rochelle Shipper N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Michael Wendel N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Brijesh Shah Natural Resources Defense Council on behalf of Brijesh Shah View CommentView Comment Email: N/A
Attachment: View Attachment
Therese Corriente N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Greg Ray Pardee Homes View CommentView Comment Email: N/A
Attachment: View Attachment
Larry L. Webber Leisure World Community Association View CommentView Comment Email: N/A
Attachment: View Attachment
Carol Friedman N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Stephen Herman Capital Asset Management View CommentView Comment Email: N/A
Attachment: View Attachment
Judith Brennan Natural Resources Defense Council on behalf of Judith Brennan View CommentView Comment Email: N/A
Attachment: View Attachment
Barbara Kelly Natural Resources Defense Council on behalf of Barbara Kelly View CommentView Comment Email: N/A
Attachment: View Attachment
51 Crossbay Cooperative Shareholders View CommentView Comment Email: N/A
Attachment: View Attachment
Jolene Walker DC Ranch View CommentView Comment Email: N/A
Attachment: View Attachment
Victor Hollingsworth N/A View CommentView Comment Email: N/A
Attachment: View Attachment
David Ochoa N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Jessica Garruto Natural Resources Defense Council on behalf of Jessica Garruto View CommentView Comment Email: N/A
Attachment: View Attachment
Unknown N/A View CommentView Comment Email: N/A
Attachment: View Attachment
346 Bay Terrace Cooperative Shareholders View CommentView Comment Email: N/A
Attachment: View Attachment
106 Linden Towers Cooperative No. 4, Inc. Shareholders View CommentView Comment Email: N/A
Attachment: View Attachment
Jennifer Pasbjerg N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Howard H. Rubin Leisure World View CommentView Comment Email: N/A
Attachment: View Attachment
Aurelie Ward Natural Resources Defense Council on behalf of Aurelie Ward View CommentView Comment Email: N/A
Attachment: View Attachment
Tiffany Corriente N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Norman Schuminsky DC Ranch View CommentView Comment Email: N/A
Attachment: View Attachment
Arlene Fleishman Linden Towers Cooperative No. 4, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment