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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Christine Jacobi Natural Resources Defense Council on behalf of Christine Jacobi View CommentView Comment Email: N/A
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Ms. E. Peterson Natural Resources Defense Council on behalf of E. Peterson View CommentView Comment Email: N/A
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Dominick Falzone Natural Resources Defense Council on behalf of Dominick Falzone View CommentView Comment Email: N/A
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Peter Janovsky 91 Central Park West Corporation View CommentView Comment Email: N/A
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Beverly and Seymour Corenthal Linden Towers Co-op #4 Inc. View CommentView Comment Email: N/A
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Lim LeCrone DC Ranch View CommentView Comment Email: N/A
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Herman Rosen N/A View CommentView Comment Email: N/A
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Mayra Martinez Natural Resources Defense Council on behalf of Mayra Martinez View CommentView Comment Email: N/A
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Jennifer Patton Natural Resources Defense Council on behalf of Jennifer Patton View CommentView Comment Email: N/A
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Pamela Franzone Natural Resources Defense Council on behalf of Pamela Franzone View CommentView Comment Email: N/A
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Suzel Stamoleman N/A View CommentView Comment Email: N/A
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Lou Taormina N/A View CommentView Comment Email: N/A
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Mary Edna Williams North Carolina Association of REALTORS View CommentView Comment Email: N/A
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Vicario Brensley Phillip N/A View CommentView Comment Email: N/A
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Elizabeth Deland Natural Resources Defense Council on behalf of Elizabeth Deland View CommentView Comment Email: N/A
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Sarah Baker Natural Resources Defense Council on behalf of Sarah Baker View CommentView Comment Email: N/A
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Linda Robb Natural Resources Defense Council on behalf of Linda Robb View CommentView Comment Email: N/A
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Paul Campos Building Industry Association of the Bay Area View CommentView Comment Email: N/A
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Marilyn A. Jackson N/A View CommentView Comment Email: N/A
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Teri Mouro and Jerome Sherman DC Ranch View CommentView Comment Email: N/A
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Deborah Kraus N/A View CommentView Comment Email: N/A
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Terri Hauk Natural Resources Defense Council on behalf of Terri Hauk View CommentView Comment Email: N/A
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Laura Lynch Natural Resources Defense Council on behalf of Laura Lynch View CommentView Comment Email: N/A
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Gabriel Sheets Natural Resources Defense Council on behalf of Gabriel Sheets View CommentView Comment Email: N/A
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John and Anne MacNicholl N/A View CommentView Comment Email: N/A
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