#2026-05160Özel Transfer Ücreti Sözleşmelerine Yönelik Kısıtlamaları Kaldıran 'Büyükbaba' İstisnalarını Yenileyen Değişiklik
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The Federal Housing Finance Agency (FHFA) has updated its rules to allow certain exceptions for private transfer fee covenants that were previously removed. This change affects Fannie Mae, Freddie Mac, and Federal Home Loan Banks, allowing them to deal with mortgages on properties that have these fees, starting from July 16, 2012.
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Action
Final rule; technical amendment; request for comments.
Key Changes
- Reinstated 'grandfather' exceptions for private transfer fee covenants.
- Exceptions apply retroactively from July 16, 2012.
- Allows Fannie Mae, Freddie Mac, and Federal Home Loan Banks to deal with certain mortgages.
Obligations
What this law requires
Fannie Mae must not purchase, invest in, accept as collateral, or otherwise deal in mortgages on properties encumbered by private transfer fee covenants, except where grandfather exceptions apply
Freddie Mac must not purchase, invest in, accept as collateral, or otherwise deal in mortgages on properties encumbered by private transfer fee covenants, except where grandfather exceptions apply
Federal Home Loan Banks must not purchase, invest in, accept as collateral, or otherwise deal in mortgages on properties encumbered by private transfer fee covenants, except where grandfather exceptions apply
FHFA regulated entities must not deal in securities related to mortgages on properties encumbered by certain types of private transfer fee covenants, except where grandfather exceptions apply
Apply grandfather exceptions to private transfer fee covenant restrictions retroactively effective as of July 16, 2012