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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
09/15/10 Joe Bunting Kiawah Island Community Association, Inc.
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09/15/10 Randy Brewster Bayview Landing Homeowners Association
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09/15/10 Randy Brewster Henlopen Gardens Homeowners Association
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09/15/10 Randy Brewster Eagles Landing 1 Homeowners Association
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09/15/10 Bill Martin Michigan Association of Realtors
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09/15/10 James M. Stanton North Metro Realtors Association (NMRA)
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09/15/10 Greg Payne Durham Regional Association of Realtors
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09/15/10 South Seas NorthCondo Association
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09/15/10 Randy Brewster Henlopen Station Homeowners Association
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09/15/10 Randy Brewster Villas of Bethany West Condominium Association
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09/15/10 Randy Brewster Eagles Landing 2 Homeowners Association
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09/15/10 Randy Brewster Retreat Homeowners Association
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09/15/10 Dean , Antonakos Cynergy, LLC
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09/15/10 Robert Gallant Coosaw Point
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09/14/10 Joel Marshall N/A
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09/14/10 Melody Sanchez Greater Northwestern Indiana Association of Realtors
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09/14/10 Steve LaRue Lawrence Board of Realtors
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09/14/10 Laura D. Lafayette Richmond Association of Realtors
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09/14/10 Melanie Pennino Lodi Association of Realtors, Inc.
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09/14/10 Craig Nagler N/A
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09/14/10 Richard Pena Raymond N/A
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09/14/10 Glenn Zimmerman Victor Valley Association of Realtors
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09/14/10 Bill Riley Washington Realtors
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09/14/10 Cindy Doll Santa Maria Association of Realtors
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09/14/10 Kevin Hensley The Delaware Association of Realtors
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09/14/10 Libby isaacson Greater Providence Board of Realtors
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09/14/10 Midge Grunstra Ocean City Board of Realtors
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09/14/10 Kim Wolfley Western Realty
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09/14/10 Robert Reisinger Waterloo-Cedar Falls Board of Realtors
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09/14/10 William E. Malkasian Wisconsin Realtors Association (WRA)
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09/14/10 Chris Pacetti Ken-Caryl Ranch Master Association
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09/14/10 Richard Collins N/A
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09/14/10 J. Kevin Moore N/A
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09/14/10 Yvonne Hunnewell Great Falls Association of Realtors
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09/14/10 Wendy Kanno Promenade at Pheasant Pointe HOA
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09/14/10 Marc Sucher Harbor Point at Pilgrims Landing
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09/14/10 Kyle Probst Coosawattee River Resort Association, Inc.
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09/14/10 Marty Cole Reelfoot Regional Association of Realtors, Inc.
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09/14/10 Uwharrie Point Community Association
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09/14/10 Robert Thornton Rrobert S. Rhornton, LP - great homes
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09/14/10 Perry Schroeder Americore Realty Capital
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09/14/10 Jay Kentera New Mexico Land Companies, LLC
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09/14/10 John Stacy N/A
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09/14/10 James Anzelone and Associates, Inc.
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09/14/10 John Riddle N/A
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09/14/10 Matt Baker N/A
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09/14/10 Doug Althoff New Mexico Land Companies, LLC.
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09/14/10 Micael Helm N/A
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09/14/10 Marc Davis-Taylor 1st New York Capital
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09/14/10 John Worley N/A
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