---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-25-000007"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:42:26.749849+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FHFA revises 2025 scorecard for Fannie Mae; ties half of execs' at-risk deferred pay to performance

## Summary
- Two main objectives: equitable housing access (50%) and safe/sound operations (50%).
- Multifamily purchase cap of $73B per enterprise for 2025; at least 50% must be mission-driven.
- Executive compensation (excl. CEO) includes deferred salary; half at-risk based on scorecard and FHFA objectives.
- Scorecard emphasizes AI/ML risk management, climate risk, credit risk transfer, and affordability initiatives.
- Initiatives include exploring opportunities for first-time homebuyers and improving housing supply.

## SEC filing metadata
- accession: 0000310522-25-000007
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310522/000031052225000007/0000310522-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052225000007/fnm-20250131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-25-000007
- JSON: https://secwatch.observer/filing/0000310522-25-000007.json
- Plain text: https://secwatch.observer/filing/0000310522-25-000007.txt

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