ALTA Advocacy Effort Clears Hurdle as FHFA Proposes to Ban PTFs

February 3, 2011

ALTA’s advocacy efforts to protect consumers and their home equity from private transfer fee covenants earned a significant victory Feb. 1 as the Federal Housing Finance Agency issued a proposed rule that would limit government-sponsored enterprises Fannie Mae, Freddie Mac and the Federal Home Loan Bank from investing in mortgages encumbered by private transfer fee covenants (PTFs).

Please Log In to View

Contact ALTA at 202-296-3671 or