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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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 Jorine Seale N/A
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10/15/10 Horace C. Seale N/A
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10/15/10 Frederick A. Jacobi 91 Central Park West Corporation
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10/15/10 Randy Woodbury The Institute of Real Estate Management (IREM)
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10/15/10 Leonard Barshack N/A
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10/15/10 Robert Tablak N/A
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10/15/10 Danielle Carbone N/A
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10/15/10 April Wood Historic Charleston Foundation
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10/15/10 Arthur Falcone Falcone Group
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10/15/10 Ron Haynes N/A
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10/15/10 Corky Poster City of Tucson Housing Trust Fund
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10/15/10 Board of Directors, Holiday Heights Homeowners Association
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10/15/10 Evan Forbes Ladera Ranch
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10/15/10 Helen Taylor-Ellis Taylor Management Holdings, Inc.
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10/15/10 Tracey Forbes Ladera Ranch
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10/15/10 Breffni J. McGeough N/A
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10/15/10 Meghan Sharp Serenbe Homeowner
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10/15/10 Laura Cross ISU Insurance Services- Tasman, LLC
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10/15/10 Jaime Sargent N/A
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10/15/10 Candy Gonell N/A
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10/15/10 Sandy Bishop Lopez Community Land Trust (LCLT)
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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 William & Lynne Black N/A
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10/15/10 Laura Cross Ladera Ranch
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10/15/10 William T. Johnson N/A
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10/15/10 Doug Hamilton Greater El Paso Association of Realtors
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10/15/10 Frances I. Hill 315 East 68th St Corp.
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10/15/10 Robert Ware Woodrow Wilson Condominium
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10/15/10 Sherry Harbour Ladera Ranch
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10/15/10 Robert Ware Woodrow Wilson Condominium
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10/15/10 Georgia Monk CMA Design
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10/15/10 Francine E. Port N/A
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10/15/10 Mark Kleinschmidt Town of Chapel Hill, Office of the Mayor
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10/15/10 Michael Melicia United Visions Corp.
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10/15/10 Allison Ward Ladera Ranch
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10/15/10 Gavin Newsom City and County of San Francisco
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10/15/10 Larry D. Johnson The Johnson Development Corp.
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10/15/10 Allison Handler Decisions Decisions / Solid Ground Consulting Group
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10/15/10 David Moeller Recreation Centers of Sun City West, Inc. (RCSCW)
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10/15/10 Laura Cross ISU Insurance Services - Tasman, LLC
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10/15/10 Jacqueline Kurtz L. N/A
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10/15/10 Cathie Berlin Ladera Ranch
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10/15/10 Lynnette Zeroulias N/A
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10/15/10 Tricia Gray McGarvey Residential Communities
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10/15/10 Edgar Miller Conservation Trust for NC (CTNC)
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10/15/10 Brian J. Felcoski Real Property, Probate And Trust Law Section of the Florida Bar
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10/15/10 Jim Gray National Housing Conference and NCB Capital Impact
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10/15/10 Charles B. Rangel N/A
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10/15/10 Linda Eaton Natural Resources Defense Council on behalf of Linda Eaton
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