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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Rene Harp Natural Resources Defense Council on behalf of Rene Harp View CommentView Comment Email: N/A
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Chris Ashton Natural Resources Defense Council on behalf of Chris Ashton View CommentView Comment Email: N/A
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Wm and Darlene Naskoviak Rancho Resort View CommentView Comment Email: N/A
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Gerald O. Kaplan Linden Towers Cooperative, #4, Inc. View CommentView Comment Email: N/A
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Maxine Urheim DC Ranch View CommentView Comment Email: N/A
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Nancy & Colin Markley DC Ranch View CommentView Comment Email: N/A
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Sally Simpson Natural Resources Defense Council on behalf of Sally Simpson View CommentView Comment Email: N/A
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James Pierson Natural Resources Defense Council on behalf of James Pierson View CommentView Comment Email: N/A
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Martin Hoffman 201 West 89 Owners, Inc. View CommentView Comment Email: N/A
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Dona and George Kazanjian Bay Terrace Cooperative Section II, Inc. View CommentView Comment Email: N/A
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Syd Kyle N/A View CommentView Comment Email: N/A
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David Egert Natural Resources Defense Council on behalf of David Egert View CommentView Comment Email: N/A
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Blake Wilson Natural Resources Defense Council on behalf of Blake Wilson View CommentView Comment Email: N/A
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Annie Belt Natural Resources Defense Council on behalf of Annie Belt View CommentView Comment Email: N/A
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George Litton 91 Central Park West Corporation View CommentView Comment Email: N/A
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Frances and Alfred Locurcio Bay Terrace Cooperative Section II, Inc. View CommentView Comment Email: N/A
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Andrew and Karen Roberts DC Ranch View CommentView Comment Email: N/A
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Chantal & Norman Schiller Clearview Gardens Corporation View CommentView Comment Email: N/A
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Catherine Parshalle Natural Resources Defense Council on behalf of Catherine Parshalle View CommentView Comment Email: N/A
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Carol Carson Natural Resources Defense Council on behalf of Carol Carson View CommentView Comment Email: N/A
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Pamela Magers Natural Resources Defense Council on behalf of Pamela Magers View CommentView Comment Email: N/A
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Barbara Karp Shuster 91 Central Park West Corporation View CommentView Comment Email: N/A
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Harriet Aronow Bay Terrace Cooperative Section III, Inc. View CommentView Comment Email: N/A
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Kurt Jacobson Lennar View CommentView Comment Email: N/A
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Kathleen Lambe N/A View CommentView Comment Email: N/A
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