FHFA 2025 Scorecard sets $73B multifamily cap per GSE; executive at-risk compensation tied to performance

FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE

FHFA released 2025 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions.
Multifamily purchase volume capped at $73B per enterprise ($146B total) for 2025.
At least 50% of multifamily purchases must be mission-driven affordable loans.
Fannie Mae 2025 executive compensation (excluding CEO) includes deferred salary at-risk based on Scorecard performance.
Scorecard weights: 50% equitable access to affordable housing, 50% safe and sound operations.

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