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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Barbara Feiler Leisure World View CommentView Comment Email: N/A
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Stacey Max N/A View CommentView Comment Email: N/A
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Zali Win 202-214 West 85 Owners Corporation View CommentView Comment Email: N/A
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Alicia Campbell Natural Resources Defense Council on behalf of Alicia Campbell View CommentView Comment Email: N/A
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Garrett Collins Natural Resources Defense Council on behalf of Garrett Collins View CommentView Comment Email: N/A
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Susan Nicholas DC Ranch View CommentView Comment Email: N/A
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Ilene Rosenfeld Bellmarc Realty View CommentView Comment Email: N/A
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Neal Young N/A View CommentView Comment Email: N/A
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Andrew Spanier Natural Resources Defense Council on behalf of Andrew Spanier View CommentView Comment Email: N/A
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Charles Carroux Natural Resources Defense Council on behalf of Charles Carroux View CommentView Comment Email: N/A
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Pamela Sah N/A View CommentView Comment Email: N/A
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Alyce C. Kleczek Kent Washington Association of Realtors View CommentView Comment Email: N/A
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Mina Meurkens N/A View CommentView Comment Email: N/A
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Jeffrey Lowy DC Ranch View CommentView Comment Email: N/A
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Maria Marchi Natural Resources Defense Council on behalf of Maria Marchi View CommentView Comment Email: N/A
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Jerald Carson N/A View CommentView Comment Email: N/A
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Edgar & Nicole Hoess Leisure World View CommentView Comment Email: N/A
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Tracie Fogelson SouthEast Minnesota Association of REALTORS (SEMAR) View CommentView Comment Email: N/A
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Barry Baker N/A View CommentView Comment Email: N/A
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Maya Kevin Natural Resources Defense Council on behalf of Maya Kevin View CommentView Comment Email: N/A
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Edward Seely Natural Resources Defense Council on behalf of Edward Seely View CommentView Comment Email: N/A
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Tracey Kleber Natural Resources Defense Council on behalf of Tracey Kleber View CommentView Comment Email: N/A
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Shu Bartholomew On The Commons View CommentView Comment Email: N/A
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Robert Friedrich Glen Oaks Village Owners, Inc. View CommentView Comment Email: N/A
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Ran Zucher N/A View CommentView Comment Email: N/A
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