Skip to main content
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
file download iconCSV
Date First Name Last Name Organization Comment
Donna Ridley N/A
View Comment Email: N/A
Attachment: View Attachment
Unknown Clearview Gardens Cooperative
View Comment Email: N/A
Attachment: View Attachment
Robert Dawson Pardee Homes
View Comment Email: N/A
Attachment: View Attachment
Anne Copps New York State Bar Association
Ira S. Goldenberg; Dennis Greenstein. View Comment Email: N/A
Attachment: View Attachment
Carol Halterbeck N/A
View Comment Email: N/A
Attachment: View Attachment
Rajneesh Garg N/A
View Comment Email: N/A
Attachment: View Attachment
Todd Hornback N/A
View Comment Email: N/A
Attachment: View Attachment
Karen J. Viechnicki Canoa Estates Homeowners Association
View Comment Email: N/A
Attachment: View Attachment
Martin Breth, Jr. N/A
View Comment Email: N/A
Attachment: View Attachment
Stephen Doyle N/A
View Comment Email: N/A
Attachment: View Attachment
Donna Lawler Orange Coast Title Company
View Comment Email: N/A
Attachment: View Attachment
Linda Shatzer 145 East 84th Street Cooperative
View Comment Email: N/A
Attachment: View Attachment
Unknown N/A
View Comment Email: N/A
Attachment: View Attachment
Heather Wendel N/A
View Comment Email: N/A
Attachment: View Attachment
Raymond N. Hannigan Herrick, Feinstein, LLP
View Comment Email: N/A
Attachment: View Attachment
Jerome Cohn 171 West 71st Street Co-op.
View Comment Email: N/A
Attachment: View Attachment
Neal Reynolds Reynolds Communities
View Comment Email: N/A
Attachment: View Attachment
Susan B. Rapp N/A
View Comment Email: N/A
Attachment: View Attachment
Gordon R. Stanton N/A
View Comment Email: N/A
Attachment: View Attachment
Al Franzoia N/A
View Comment Email: N/A
Attachment: View Attachment
Robert Odle N/A
View Comment Email: N/A
Attachment: View Attachment
Morgan Hill N/A
View Comment Email: N/A
Attachment: View Attachment
Jackie Hare N/A
View Comment Email: N/A
Attachment: View Attachment
Juan M. Garcia N/A
View Comment Email: N/A
Attachment: View Attachment
Scott Menard N/A
View Comment Email: N/A
Attachment: View Attachment