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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Ronald Randolph Colonial Heritage View CommentView Comment Email: N/A
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Alan Lowenthal California Senate Transportation and Housing Committee View CommentView Comment Email: N/A
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Sherry McBride N/A View CommentView Comment Email: N/A
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Dina Zubia N/A View CommnentView Comment Email: N/A
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Eric Lapointe N/A View CommentView Comment Email: N/A
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Suzzanne Reynolds N/A View CommentView Comment Email: N/A
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Paula Zaager Carlyle Towers, Cooperative "B" View CommentView Comment Email: N/A
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Robert Cunningham N/A View CommentView Comment Email: N/A
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Bob Cummings N/A View CommentView Comment Email: N/A
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Doug Hoppe Superior Framing, Inc. View CommentView Comment Email: N/A
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Elizabeth York The Johnson Development Corporation View CommentView Comment Email: N/A
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Charles Bruner N/A View CommentView Comment Email: N/A
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Richard Paoli Old Republic Title Company View CommentView Comment Email: N/A
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Janet Harrington Bretton Woods Condo 1 View CommentView Comment Email: N/A
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Kevin Darnall N/A View CommentView Comment Email: N/A
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William M. Brown N/A View CommentView Comment Email: N/A
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Lisa Stephenson Greater Louisville Association of Realtors View CommentView Comment Email: N/A
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Unknown N/A View CommentView Comment Email: N/A
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Mark Ball N/A View CommentView Comment Email: N/A
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Miss R R N/A View CommentView Comment Email: N/A
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Drake Bleiweiss N/A View CommentView Comment Email: N/A
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Ava Strong N/A View CommentView Comment Email: N/A
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Mary Bezirjian N/A View CommentView Comment Email: N/A
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Daniel Worsley N/A View CommentView Comment Email: N/A
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Shawn Reed RobbinsReed, Inc. View CommentView Comment Email: N/A
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