---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-23-000004"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2023-01-10T23:59:59+00:00"
generated_at: "2026-06-20T17:18:53.626011+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# FHFA 2023 Scorecard for Fannie Mae; exec pay linked to scorecard performance

## Summary
- 2023 Scorecard weights: 50% on equitable housing access, 50% on safe-and-sound operations.
- Multifamily purchase cap: $75B per enterprise; minimum 50% of purchases must be mission-driven.
- Executive compensation (excluding CEO) includes at-risk deferred salary; half tied to Scorecard.
- Scorecard emphasizes climate risk, appraisal equity, and modernization of mortgage processes.
- Company remains under FHFA conservatorship; Scorecard mandates prudent stewardship of assets.

## SEC filing metadata
- accession: 0000310522-23-000004
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2023-01-10T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310522/000031052223000004/0000310522-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052223000004/fnm-20230104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-23-000004
- JSON: https://secwatch.observer/filing/0000310522-23-000004.json
- Plain text: https://secwatch.observer/filing/0000310522-23-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.