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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
09/14/10 Lance Elliott TIF Services of Southern Texas
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09/14/10 Mike Cox Mortgage and Property Consultant
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09/14/10 Jose Medina N/A
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09/14/10 Paul Monroe N/A
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09/14/10 Unknown N/A
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09/14/10 Rene Wood Branch Broker, ReMAX Results
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09/14/10 Peter Dunne Dunne Enterprise
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09/14/10 Gary Markichevich New Mexico Land Companies, LLC
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09/14/10 Kevin Henry Real Estate Broker
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09/14/10 Paul Johnson Utah Long-Term Investments, LLC
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09/14/10 Justin Ouimet OCIinternational
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09/14/10 Saul Siegel Butterfield Group
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09/14/10 Larry Kudla Top Producer Real Estate
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09/14/10 Pete Nativadad Richter Land LLC
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09/14/10 Richard Hastings Hastings, Cohan & Walsh , LLP
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09/14/10 Steve Sorensen N/A
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09/14/10 Steven Duben Cassiano Land, LLC
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09/14/10 Jerry Wallace Family Sport Resorts
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09/14/10 Kent Key Kent Key Custom Homes, Inc.
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09/14/10 Larry Miller N/A
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09/14/10 Jason Arechiga N/A
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09/14/10 Brad Newman Shamrock Properties, LLC
New Mexico Land Companies, LLC View Comment
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09/14/10 Rod Rochambeau Prosperity Real Estate
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09/14/10 Mike Kahn N/A
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09/14/10 Mike , Bright MRTF, LLC
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09/14/10 Tony Monticelo Coldwell Banker United Realtors
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09/14/10 Sean Kay N/A
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09/14/10 Oscar Amezcua Four Seasons Estates
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09/14/10 John Mattson Jomatco Investments and Real Estate
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09/14/10 Kara Lee Jackson N/A
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09/14/10 Shirley Kay N/A
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09/13/10 Lawrence Moore Turn of River Homeowners Association
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09/13/10 Russ Hodes Circle C Homeowners Association
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09/13/10 Carol Hill Northeast Florida Association of Realtors (NEFAR)
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09/13/10 David O. Durgin, Jr. Coosawattee River Resort Association, Inc.
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09/13/10 Arthur Coulter Palm Valley HOA, Inc.
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09/13/10 Lila Mateo N/A
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09/13/10 Greg Vasil Greater Boston Association of Realtors
Amleto Martocchia, Greater Boston Association of Realtors; View Commen…
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09/10/10 David Schepner Greater Meadville Board of Realtors
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09/10/10 Bill Martin Michigan Association of Realtors
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09/10/10 James M. Spagnolo Greater Harrisburg Association of Realtors
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09/10/10 Jeff Gersh Shea Victoria Gardens, LLC
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09/10/10 Brokerage Southwest
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09/09/10 W. Frank Skilton Teversall Condominium Association
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09/09/10 Jan Murphy Down River Association of Realtors in Michigan
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09/09/10 Roxann Dunno West Central Association of Realtors
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09/09/10 Don Roth Pennsylvania Association of Realtors
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09/09/10 Steve Cox COX LAW OFFICE, P. C.
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09/09/10 Denise Radcliffe Coldwell Banker Devonshire
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09/09/10 Century Hill Association Century Hill Association
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