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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Anthony Russo B and L Properties View CommentView Comment Email: N/A
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Sandra Rippe N/A View CommentView Comment Email: N/A
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Constance O'Brien Country Club Estates View CommentView Comment Email: N/A
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Steve Kuehler N/A View CommentView Comment Email: N/A
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Shari Stratton N/A View CommentView Comment Email: N/A
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Mrs. Brian Keeney N/A View CommentView Comment Email: N/A
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David Peake N/A View CommentView Comment Email: N/A
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Willa O'Connor NRDC View CommentView Comment Email: N/A
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Franklin Burris Real Estate Consultant View CommentView Comment Email: N/A
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Don Connors Purcell Murray Builder Sales View CommentView Comment Email: N/A
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Lynn Assman Young Homes View CommentView Comment Email: N/A
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Tom Wilcox Riverstone, The Johnson Development Corporation View CommentView Comment Email: N/A
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Donna Carpenter N/A View CommentView Comment Email: N/A
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Richard Markuson Pacific Advocacy Group View CommentView Comment Email: N/A
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Patti Gallagher N/A View CommentView Comment Email: N/A
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Robert Booker N/A View CommentView Comment Email: N/A
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Richard Willhoit N/A View CommentView Comment Email: N/A
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Eric and Colleen Jiran N/A View CommentView Comment Email: N/A
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Robert Kantor Time Equities, Inc. View CommentView Comment Email: N/A
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Robert Rutkowski N/A View CommentView Comment Email: N/A
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Richard Balestreri K. Hovnanian Homes View CommentView Comment Email: N/A
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Kim Housekeeper N/A View CommentView Comment Email: N/A
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Bonnie MacRaith N/A View CommentView Comment Email: N/A
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Edmund Jones NRDC View CommentView Comment Email: N/A
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Rick Vossekuil N/A View CommentView Comment Email: N/A
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