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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
Kris Kentera New Mexico Land Company, LLC View CommentView Comment Email: N/A
Attachment: View Attachment
Dick Alt N/A Helen Alt View CommentView Comment Email: N/A
Attachment: View Attachment
Dana Ippoliti Sienna Plantation Resident View CommentView Comment Email: N/A
Attachment: View Attachment
Charles Small Community Association Manager View CommentView Comment Email: N/A
Attachment: View Attachment
Sue A. Sweeney Sun City Hilton Head Community Association View CommentView Comment Email: N/A
Attachment: View Attachment
Angela Austin McKenzie Place Board of Directors View CommentView Comment Email: N/A
Attachment: View Attachment
George Bell Winston-Salem Regional Association of REALTORS, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Peggy Norris Peachtree Place Condominiums, View CommentView Comment Email: N/A
Attachment: View Attachment
Marybeth Muldowney Plymouth and South Shore Association of REALTORS, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Erik Dahl N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Lester Friedman Central Oregon Association of REALTORS Kathy Ragsdale View CommentView Comment Email: N/A
Attachment: View Attachment
John Ferrarie N/A Eileen Ferrarie View CommentView Comment Email: N/A
Attachment: View Attachment
Steven Spinola Real Estate Board of New York (REBNY) View CommentView Comment Email: N/A
Attachment: View Attachment
Sylvia Johnson N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Bob Sharpe The Rancho Sahuarita Company View CommentView Comment Email: N/A
Attachment: View Attachment
Kathleen Wells N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Laura S. Crowther Coastal Carolinas Association of REALTORS, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Michelle Doty N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Michael Bowman N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Charles B. Cornwell Greater Piedmont Area Association of Realtors, Inc. View CommentView Comment Email: N/A
Attachment: View Attachment
Jane Horton-Leasman N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Michael Bowman N/A View CommentView Comment Email: N/A
Attachment: View Attachment
Tim Hudson Billings Association of REALTORS View CommentView Comment Email: N/A
Attachment: View Attachment
Louis Soffer Heritage Creek Condominium Association View CommentView Comment Email: N/A
Attachment: View Attachment
Wesley Purdy Contract Marketing View CommentView Comment Email: N/A
Attachment: View Attachment