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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
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Date Sort ascending First Name Last Name Organization Comment
10/15/10 Ed Greer N/A
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10/15/10 Jeb Brown Weston Lakes Country Club, Inc. and Sierra Golf Corporation
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10/15/10 James M. Libby, Jr. Vermont Housing and Conservation Board
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10/15/10 Elyse Dubin N/A
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10/15/10 Eric & Caroline Shaw N/A
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10/15/10 Charles A. Freeman Ladera Ranch
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10/15/10 Teri Walters Ladera Ranch
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10/15/10 Timothy Campbell Natural Resources Defense Council on behalf of Timothy Campbell
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10/15/10 Richard Woodrow Craig, Jr. N/A
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10/15/10 Teresa Kidd Keller Williams Realty
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10/15/10 Nicole Franklin Ladera Ranch
Chad Winer. View Comment
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10/15/10 Margi Briggs-Lofton Kalahari Condominium
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10/15/10 Jon Kurtin N/A
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10/15/10 Ronny Cohen N/A
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10/15/10 Doris Goldstein Newton Law
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10/15/10 Devika Goetschius Housing Land Trust of Sonoma County
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10/15/10 Theresa Barber N/A
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10/15/10 Kirk P. Rundhaug N/A
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10/15/10 Charles K. Favreau Forest Hills Inn Apartments
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10/15/10 Nick Taratsas DMB Associates, Inc.
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10/15/10 Christopher M. Hawke Solar Point Resources, LLC
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10/15/10 Susannah T. French Shute, Mihaly & Weinberger, LLP
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10/15/10 Brittney Kaufmann N/A
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10/15/10 Paul S. Ocampo Ladera Ranch
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10/15/10 Ferkhanda Najib N/A
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10/15/10 Bonnie Hughes Humboldt Community Development Land Trust, Humboldt Bay Housing Development Corp. (HBHDC)
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10/15/10 Svetlana Choi N/A
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10/15/10 Tabatha Rook Marley Park / Verrado
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10/15/10 Dean Fearing Kulshan Community Land Trust (CLT)
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10/15/10 Nadia Mustafa DC Ranch Community
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10/15/10 Mary-Jo Hollywood N/A
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10/15/10 Geoffrey P. Anderson Real Estate Section Council of The Colorado Bar Association
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10/15/10 Kate Burnaby Wright Wright Gallatin Valley Land Trust
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10/15/10 Robert Dowling Community Home Trust
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10/15/10 Harvey Dhingra 315 East 68th Street Corporation
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10/15/10 Bob Whitney Golden State Land Conservancy
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10/15/10 Stephen P. Ostiguy Church Community Housing Corp
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10/15/10 Joel Asseraf N/A
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10/15/10 Van Temple Diamond State Community Land Trust
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10/15/10 Kami Scott N/A
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10/15/10 Bonnie Frain, S. N/A
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10/15/10 Jay Frain, P. N/A
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10/15/10 Tiffany Matteau Barron Collier Companies
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10/15/10 Laura Coley Eisenberg Rancho Mission Viejo
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10/15/10 Unknown N/A
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10/15/10 Larry Duclos N/A
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10/15/10 William & Lynne Black N/A
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10/15/10 John A. Courson Mortgage Bankers Association (MBA)
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10/15/10 Michelle Alameda N/A
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10/15/10 Sandy Bishop Lopez Community Land Trust (LCLT)
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