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Exception to Restrictions on Private Transfer Fee Covenants

$49.99

Gain critical insights into the Federal Housing Finance Agency’s (FHFA) final rule on private transfer fee covenants (PTFCs). This course covers new exceptions for Fannie Mae, Freddie Mac, and Federal Home Loan Banks, focusing on shared equity loan program compliance and implementation. Equip yourself with the knowledge to manage transactions involving PTFCs effectively.

In this course you will learn the following:
* Understand the purpose and scope of the final rule on PTFCs.
* Identify the key requirements and exceptions under the new regulation.
* Implement actionable steps to ensure compliance with the final rule.
* Recognize the consequences of non-compliance with the PTFC regulation.

NOTE: Unless otherwise indicated, all course purchases are for access to the course for a period of 1-year.  At the end of the one year term, the course will be set to “inactive”. 

Additional information

Federal Register Title

Exception to Restrictions on Private Transfer Fee Covenants for Loans Meeting Certain Duty To Serve Shared Equity Loan Program Requirements. Document Number: 2024-05194

Course SKU

FR-24-629-1

Why This Course Is Important

Understanding the implications of the new PTFC exceptions and how they affect transactions, potentially missing out on compliance strategies crucial for legal adherence.