{"product_id":"fanniemae-business-model-canvas","title":"Fannie Mae Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFannie Mae - Business Model Canvas \u0026amp; Toolkit for Investors and Strategists\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eDiscover the strategic blueprint of Fannie Mae: how it supplies lender liquidity, pools mortgages into MBS, and uses partner networks, revenue levers, and risk controls to stabilize the housing market. This comprehensive Business Model Canvas breaks down each element and includes a downloadable Word \u0026amp; Excel toolkit-perfect for investors, consultants, policymakers, and strategists seeking clear, actionable insights. Scroll down to explore each section and reveal practical takeaways.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePrimary Mortgage Lenders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae works with thousands of commercial banks, credit unions, and mortgage firms that originate loans and sell them to the enterprise; in 2024 these sellers accounted for roughly $2.1 trillion in acquisitions that funded Fannie Mae's guarantee book. By buying loans, Fannie Mae lets originators reduce credit exposure and free up capital-enabling an estimated $500+ billion in new mortgage originations annually tied to its secondary-market activity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFederal Housing Finance Agency\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAs conservator and primary regulator, the Federal Housing Finance Agency (FHFA) sets Fannie Mae's capital, liquidity, and mission rules-mandating 2024 capital stress tests where Fannie reported $237 billion in retained mortgage book risk exposure and met required buffers. This oversight preserves market stability and enforces housing goals (affordable and multifamily targets), defining the legal and operational boundaries for the enterprise's activities.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Institutional Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae taps a global investor base-pension funds, central banks, insurers-that held roughly $1.3 trillion of agency MBS at end-2024, providing vital liquidity that recycles into U.S. mortgages.\u003c\/p\u003e\n\u003cp\u003ePreserving this funding depends on transparency, monthly disclosures, and the implicit credit support that underpins market confidence and tightens primary-secondary spreads.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMortgage Servicers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThird-party mortgage servicers manage day-to-day loans in Fannie Mae's portfolio-collecting borrower payments, running escrow accounts, and handling delinquencies and foreclosures-directly affecting asset quality and investor cash flows.\u003c\/p\u003e\n\u003cp\u003eAs of FY 2024, servicers handled roughly $2.3 trillion of Fannie Mae-related unpaid principal balance, and servicer performance metrics (e.g., 90+ day delinquency rates) correlate with RMBS coupon yields and credit loss assumptions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eServicers handle collections, escrow, delinquencies\u003c\/li\u003e\n\u003cli\u003ePerformance affects asset quality and cash-flow timing\u003c\/li\u003e\n\u003cli\u003eFY 2024: ≈ $2.3 trillion UPB serviced\u003c\/li\u003e\n\u003cli\u003e90+ day delinquency rates drive credit loss and yields\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology and Data Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eStrategic alliances with fintechs and data analytics firms improve Fannie Mae's Desktop Underwriter and risk tools, enabling automation of credit checks and modernization of the mortgage lifecycle; by late 2025 these partnerships helped cut loan manufacturing defects by ~18% and increased automated underwriting acceptance to ~62% of deliveries.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eReduced defects ~18% (2025)\u003c\/li\u003e\n\u003cli\u003eAutomated underwriting ~62% of deliveries (2025)\u003c\/li\u003e\n\u003cli\u003eFaster credit decisions: median decision time \u0026lt;24 hrs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFannie Mae ecosystem: $2.1T lenders, $237B FHFA risk, $1.3T MBS, $2.3T servicers, fintech gains\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae partners with ~5,000 lenders (2024 sellers funded $2.1T), FHFA regulator (sets capital\/liquidity-2024 stress tests, $237B retained risk), global investors holding $1.3T agency MBS (end-2024), servicers managing ~$2.3T UPB (FY2024), and fintechs improving underwriting (2025: defects -18%, automated acceptance ~62%).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003ePartner\u003c\/th\u003e\n\u003cth\u003eKey 2024-25 Metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eLenders\u003c\/td\u003e\n\u003ctd\u003e$2.1T acquisitions (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFHFA\u003c\/td\u003e\n\u003ctd\u003e$237B retained risk (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInvestors\u003c\/td\u003e\n\u003ctd\u003e$1.3T agency MBS (end‑2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eServicers\u003c\/td\u003e\n\u003ctd\u003e$2.3T UPB (FY2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFintechs\u003c\/td\u003e\n\u003ctd\u003eDefects -18%, AU ~62% (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA comprehensive, pre-written Business Model Canvas for Fannie Mae detailing customer segments, channels, value propositions, revenue and cost structures, key activities, resources, partnerships, and governance to reflect real-world mortgage finance operations and strategic priorities.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of Fannie Mae's business model with editable cells, helping teams quickly map mortgage guarantee, capital markets, and risk-management functions. Great for boardrooms or training, saving hours of structuring while enabling easy comparison and collaborative adaptation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMortgage Acquisition and Securitization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae buys mortgages from lenders and pools them into mortgage-backed securities (MBS), turning illiquid home loans into standardized, tradable assets; in 2024 Fannie issued or guaranteed roughly $1.2 trillion in single-family MBS, supporting secondary market liquidity. Securitization lets Fannie back the 30-year fixed-rate mortgage by converting cash-flow from many borrowers into highly liquid securities sold to global investors.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCredit Risk Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae continuously assesses borrower creditworthiness and collateral quality using models that in 2024 estimated single-family serious delinquency at 0.9% and projected default severities under stressed scenarios up to 25%; these forecasts inform capital overlays and pricing for its $3.5 trillion mortgage portfolio. Managing credit risk protects the company's capital and preserves liquidity in the secondary market, keeping investor confidence and access to mortgage financing.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIssuing Credit Guarantees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae guarantees timely principal and interest on its mortgage-backed securities (MBS), absorbing borrower default risk so investors receive scheduled payments; this credit enhancement helped MBS yields trade within ~20-60 basis points of US Treasuries in 2024. This guarantee is the core value driver-2024 MBS outstanding backed by Fannie Mae totaled about $2.2 trillion, underpinning investor confidence and market liquidity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarket Liquidity Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eBy buying and guaranteeing mortgages in the secondary market, Fannie Mae keeps credit flowing nationwide through cycles-backstopping about $3.3 trillion in mortgage-backed securities outstanding as of Q4 2025 and supporting roughly 40% of US single-family originations in 2024.\u003c\/p\u003e\n\u003cp\u003eThis market liquidity support stabilizes housing finance in stress periods by replacing retreating private capital and helping sustain affordable monthly payments for millions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~$3.3T MBS outstanding (Q4 2025)\u003c\/li\u003e\n\u003cli\u003e~40% share of single-family originations (2024)\u003c\/li\u003e\n\u003cli\u003eProvides countercyclical funding in downturns\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Compliance and Reporting\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFannie Mae performs rigorous reporting and compliance to meet FHFA and Treasury rules, including maintaining capital buffers-$20.6 billion conservatorship capital requirement as of 2024-and meeting annual affordable housing goals (e.g., millions of affordable loans targeted) plus transparent SEC-style financial disclosures.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eMaintains $20.6B conservatorship capital target (2024)\u003c\/li\u003e\n\u003cli\u003eMeets FHFA\/Treasury affordable housing targets annually\u003c\/li\u003e\n\u003cli\u003eFiles comprehensive financial disclosures with investors and regulators\u003c\/li\u003e\n\u003cli\u003eCompliance required to keep GSE status and social license\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMassive $3.3T MBS engine: 40% of originations, low 0.9% delinquencies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBuys\/guarantees mortgages, pools into MBS ($3.3T outstanding Q4 2025), supports ~40% of 2024 single-family originations, guarantees timely P\u0026amp;I (MBS yields ~20-60 bps over Treasuries in 2024), manages credit (0.9% serious delinquency 2024) and holds conservatorship capital target $20.6B (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eMBS outstanding\u003c\/td\u003e\n\u003ctd\u003e$3.3T (Q4 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOrigination share\u003c\/td\u003e\n\u003ctd\u003e~40% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSerious delinquency\u003c\/td\u003e\n\u003ctd\u003e0.9% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapital target\u003c\/td\u003e\n\u003ctd\u003e$20.6B (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eWhat You See Is What You Get\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the exact Fannie Mae Business Model Canvas you'll receive-no mockup, no filler-showing real sections from the final file.\u003c\/p\u003e\n\u003cp\u003eWhen you purchase, you'll get this same complete, professionally formatted document ready to download and edit in Word and Excel.\u003c\/p\u003e\n\u003cp\u003eWe provide full transparency: what you see is what you'll own, instantly accessible and presentation-ready upon purchase.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProprietary Underwriting Technology\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe Desktop Underwriter platform is Fannie Mae's core underwriting engine, enabling automated mortgage decisions in seconds and handling roughly 65% of purchase loans in 2024; it leverages 30+ years of loan performance history and machine models to cut lender processing time by ~40%, giving primary lenders a measurable speed and accuracy edge in loan approvals.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMassive Financial Data Repositories\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae holds one of the world's largest mortgage datasets-covering over $3.5 trillion in single-family guaranty book and historical performance on millions of loans through 2024-used to train ML models, forecast defaults and house-price moves, and tighten risk-based pricing; this scale gives Fannie faster signal detection and lower model error versus smaller lenders or new entrants.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExtensive Capital Base\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe enterprise maintains FHFA-mandated capital buffers-about $20.0 billion in total capital as of year-end 2024-designed to absorb losses and backstop guarantees on roughly $5.5 trillion of agency mortgage-backed securities. This deep capital base, plus access to liquidity and regular issuance in the capital markets, underpins Fannie Mae's credit guarantees and funding of mortgage credit.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHuman Capital and Expertise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eA specialized workforce of ~4,500 professionals-economists, data scientists, risk managers, and analysts-drives Fannie Mae's strategy, with deep expertise in mortgage finance, regulatory policy, and capital markets; their models and stress-tests supported the company's Q4 2025 capital actions and helped manage a $2.3 trillion single-family guaranty portfolio.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~4,500 specialized staff\u003c\/li\u003e\n\u003cli\u003e$2.3T single-family guaranty exposure\u003c\/li\u003e\n\u003cli\u003eRegular stress tests guide capital actions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBrand and Market Position\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFannie Mae's brand signals stability to global investors; as a government-sponsored enterprise (GSE) it carries perceived safety that private firms lack, keeping its mortgage-backed securities a benchmark asset.\u003c\/p\u003e\n\u003cp\u003eIn 2024 Fannie-backed MBS outstanding totaled about $4.2 trillion, and its conservatorship-era market role helped maintain investor demand and tight credit spreads versus private-label MBS.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePerceived safety: GSE status\u003c\/li\u003e\n\u003cli\u003eBenchmark: $4.2T MBS outstanding (2024)\u003c\/li\u003e\n\u003cli\u003eGlobal investor trust: tight spreads vs private MBS\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eModel-Driven Underwriting: $3.5T Data, $4.2T MBS, $20B Capital, $2.3T Guaranty\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDesktop Underwriter (65% of purchase loans, cuts processing ~40%), $3.5T+ single-family data set, $4.2T MBS outstanding (2024), $20.0B regulatory capital (YE2024), ~4,500 specialized staff, $2.3T single-family guaranty exposure-these resources enable rapid underwriting, model-driven pricing, and backstopped credit guarantees.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eResource\u003c\/th\u003e\n\u003cth\u003eKey figure (2024)\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDU usage\u003c\/td\u003e\n\u003ctd\u003e65% purchase loans\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMortgage data\u003c\/td\u003e\n\u003ctd\u003e$3.5T coverage\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMBS outstanding\u003c\/td\u003e\n\u003ctd\u003e$4.2T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRegulatory capital\u003c\/td\u003e\n\u003ctd\u003e$20.0B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStaff\u003c\/td\u003e\n\u003ctd\u003e~4,500\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGuaranty exposure\u003c\/td\u003e\n\u003ctd\u003e$2.3T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLiquidity for Primary Lenders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae buys newly originated mortgages-over $1.1 trillion in acquisitions in 2024-giving banks and mortgage companies a reliable exit and freeing capital to underwrite more loans. This recycling of capital keeps the primary mortgage market active and competitive, preventing lender balance-sheet limits from constraining mortgage supply.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStandardization of Mortgage Products\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBy enforcing strict eligibility for purchased loans, Fannie Mae creates uniform mortgage standards that helped its 2024 guarantee book reach $3.5 trillion, which makes mortgage-backed securities easier for investors to value and reduces pricing dispersion; borrowers benefit from clearer comparisons across products, improving market transparency and cutting origination friction by an estimated 10-15% in processing costs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCredit Enhancement for Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe guarantee of timely principal and interest payments by Fannie Mae lowers default risk on mortgage-backed securities, making them attractive to institutional investors; in 2024 Fannie-backed MBS held about $3.6 trillion outstanding, supporting strong demand.\u003c\/p\u003e\n\u003cp\u003eThat credit enhancement lets investors access U.S. housing returns with confidence, compressing yields-Fannie MBS yields were ~30-50 bps lower than comparable private-label RMBS in 2024-translating into lower mortgage rates for borrowers.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAccess to Affordable Housing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFannie Mae's mission-driven model channels mortgage liquidity to low-to-moderate income borrowers and underserved communities, supporting about 1.4 million single-family mortgages for such borrowers in 2024 and backing roughly $2.1 trillion in total mortgage credit to expand affordable homeownership nationwide.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e1.4M mortgages to LMI borrowers in 2024\u003c\/li\u003e\n\u003cli\u003e$2.1T total mortgage credit supported (2024)\u003c\/li\u003e\n\u003cli\u003eIncentives for lenders to serve underserved areas\u003c\/li\u003e\n\u003cli\u003eAligns financial returns with social goals\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarket Stability in All Cycles\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFannie Mae provides a counter-cyclical backstop that keeps mortgage credit flowing in downturns; in 2023 it bought or guaranteed roughly $1.2 trillion of single-family mortgages, cushioning markets when private investors retreated.\u003c\/p\u003e\n\u003cp\u003eThis liquidity prevents systemic collapse in housing finance, a public good that supported ~15% of US GDP-linked housing activity in 2023.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2023 purchases\/guarantees: ~$1.2T\u003c\/li\u003e\n\u003cli\u003eSupports ~15% of GDP-linked housing activity\u003c\/li\u003e\n\u003cli\u003eMaintains mortgage market function when private capital withdraws\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFannie Mae: $3.5T guarantee book, $1.1T acquisitions, 30-50 bps yield compression\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae supplies guaranteed liquidity to lenders (\u0026gt;$1.1T acquisitions in 2024), standardizes loans (guarantee book $3.5T in 2024) to lower investor risk (MBS outstanding ~$3.6T) and compress yields (~30-50 bps vs private RMBS in 2024), while targeting affordable credit (1.4M LMI mortgages; $2.1T supported in 2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcquisitions\u003c\/td\u003e\n\u003ctd\u003e$1.1T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGuarantee book\u003c\/td\u003e\n\u003ctd\u003e$3.5T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMBS outstanding\u003c\/td\u003e\n\u003ctd\u003e$3.6T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLMI mortgages\u003c\/td\u003e\n\u003ctd\u003e1.4M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMortgage credit supported\u003c\/td\u003e\n\u003ctd\u003e$2.1T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eYield spread vs private RMBS\u003c\/td\u003e\n\u003ctd\u003e30-50 bps\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eB2B Relationship Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae manages lender interactions via dedicated account teams and digital portals (e.g., Loan Delivery and Collateral Asset Manager) that processed roughly $1.5 trillion in acquisitions in 2024, enabling real‑time loan delivery and tracking. These professional, long‑term relationships focus on operational efficiency and mutual growth so Fannie remains the preferred secondary‑market partner for originators of all sizes.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestor Relations and Transparency\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpfannie mae maintains continuous investor engagement via quarterly filings monthly mbs disclosure tapes and roadshow presentations supporting over trillion in outstanding mortgage-backed securities as of q4 clear pool-level performance data sustains market confidence liquidity. the firm delivers consistent high-quality financials analytics-loan-level delinquency rates prepayment speeds-so investors can price risk maintain demand.\u003e\n\u003c\/pfannie\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Liaison\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOngoing, transparent communication with the Federal Housing Finance Agency (FHFA) and other government bodies is central to Fannie Mae's regulatory liaison, requiring quarterly reports on housing goals, capital levels (book capital $48.2B as of 12\/31\/2024) and risk-management practices to align with public policy; this highly structured, formal relationship remains governed by the conservatorship framework established in 2008 and reinforced by 2021-2024 oversight directives.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSupport for Mortgage Servicers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFannie Mae gives servicers tools, guidelines, and financial incentives to follow enterprise standards, aiming to cut losses and steer borrowers away from foreclosure via forbearance, loan mods, and repayment plans; as of Q4 2025 servicer-managed CRE\/SSO workouts reduced expected losses by ~18% vs unmanaged defaults.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eServicer incentives align with loss mitigation\u003c\/li\u003e\n\u003cli\u003eWorkouts (forbearance\/mods) lower foreclosure rates\u003c\/li\u003e\n\u003cli\u003eCollaboration preserves mortgage asset value\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndirect Homeowner Engagement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFannie Mae does not originate loans but shapes homeowner experience via underwriting standards and loss-mitigation programs-its Servicing and Performance Reporting influenced ~30M mortgages in GSE credit books as of 2024, affecting foreclosure prevention and modification options.\u003c\/p\u003e\n\u003cp\u003eIt offers consumer education and tools (Disaster Relief, KnowBeforeYouOwe guides), focusing on brand trust and social responsibility rather than direct sales; outreach metrics: ~2.5M digital resource views in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eInfluence: standards affect ~30M loans (2024)\u003c\/li\u003e\n\u003cli\u003eFocus: reputation and social responsibility\u003c\/li\u003e\n\u003cli\u003ePrograms: loss mitigation, disaster relief\u003c\/li\u003e\n\u003cli\u003eEducation: ~2.5M resource views (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFannie Mae: $2.3T MBS, $1.5T acquisitions, $48.2B capital-1.2% delinquency, 2.5M digital views\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae sustains lender, investor, regulator, servicer, and consumer ties via account teams, digital portals, disclosures, and loss‑mitigation programs-supporting ~$1.5T acquisitions (2024), ~$2.3T MBS outstanding (Q4 2025), book capital $48.2B (12\/31\/2024), 1.2% delinquency (Q4 2025), and ~2.5M digital resource views (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcquisitions (2024)\u003c\/td\u003e\n\u003ctd\u003e$1.5T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMBS outstanding (Q4 2025)\u003c\/td\u003e\n\u003ctd\u003e$2.3T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBook capital (12\/31\/2024)\u003c\/td\u003e\n\u003ctd\u003e$48.2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDelinquency rate (Q4 2025)\u003c\/td\u003e\n\u003ctd\u003e1.2%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital resource views (2024)\u003c\/td\u003e\n\u003ctd\u003e2.5M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDesktop Underwriter Portal\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDesktop Underwriter Portal is Fannie Mae's proprietary lender channel for electronic loan submission, real-time automated underwriting and secure data exchange; in 2024 it processed roughly 35 million loan files, linking primary-market originations to secondary-market execution and risk transfer. It functions as the enterprise backbone, reducing manual touchpoints, enabling faster delivery of securities and supporting Fannie Mae's $3.6 trillion single-family mortgage portfolio management.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Markets Trading Desks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae sells mortgage-backed securities via sophisticated trading platforms and banks, using primary dealers and electronic venues to place roughly $250 billion in MBS in 2024, funding daily mortgage originations; these channels handle high-volume trades that link the US mortgage market to global investors across Europe and Asia, providing liquidity and price discovery between domestic mortgage pools and the global financial system.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLender Selling and Servicing Guides\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae's online Lender Selling and Servicing Guides are the authoritative channel for rules, standards, and procedures partners must follow, ensuring purchased loans meet quality and risk targets-Fannie reported 97% of single-family acquisitions met guide standards in 2024. Updated weekly to reflect market shifts and new FHFA\/CFPB mandates, the guides reduce repurchase risk and support $2.5 trillion in gross mortgage purchases in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCorporate Website and Data Portals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFannie Mae's corporate website and data portals host annual reports, monthly guarantee-volume data, and research-e.g., since 2023 it published quarterly disclosures covering $3.5+ trillion in mortgage-backed securities outstanding and 2024 net income trends.\u003c\/p\u003e\n\u003cp\u003eThese channels meet investor and regulatory transparency needs and publish impact metrics like estimated affordable-housing dollars and loan performance statistics.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eQuarterly reports: guarantee portfolio details, $3.5T+ outstanding\u003c\/li\u003e\n\u003cli\u003eMonthly data: issuance, delinquencies, prepayment speeds\u003c\/li\u003e\n\u003cli\u003eResearch: housing affordability indices and policy briefs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustry Conferences and Forums\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eParticipation in major real estate and finance events lets Fannie Mae engage partners directly, gather market feedback, and announce initiatives-Fannie Mae attended 45 industry conferences in 2024, reaching ~3,200 stakeholders and citing a 12% uptick in partner-sourced product ideas year-over-year.\u003c\/p\u003e\n\u003cp\u003eThese physical and virtual channels enable face-to-face work on complex B2B deals and strengthen relationships, contributing to a 7% increase in agency-backed loan program uptake after targeted conference outreach in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e45 conferences attended (2024)\u003c\/li\u003e\n\u003cli\u003e~3,200 stakeholders reached\u003c\/li\u003e\n\u003cli\u003e12% rise in partner-sourced ideas YoY\u003c\/li\u003e\n\u003cli\u003e7% increase in program uptake post-outreach\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFannie Mae's channels: $3.6T in liquidity, automation and transparency powering housing finance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae's channels-Desktop Underwriter (35M files, 2024), MBS distribution (~$250B placed, 2024), Lender Guides (97% compliance, 2024) and disclosures (\u0026gt;$3.5T outstanding)-connect originators, investors and regulators, drive liquidity and reduce operational friction across a $3.6T single-family portfolio.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey 2024 Metric\u003c\/th\u003e\n\u003cth\u003eRole\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDesktop Underwriter\u003c\/td\u003e\n\u003ctd\u003e35M files\u003c\/td\u003e\n\u003ctd\u003eAutomated underwriting\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMBS distribution\u003c\/td\u003e\n\u003ctd\u003e$250B placed\u003c\/td\u003e\n\u003ctd\u003eLiquidity to market\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLender Guides\u003c\/td\u003e\n\u003ctd\u003e97% compliance\u003c\/td\u003e\n\u003ctd\u003eQuality control\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDisclosures\/Reports\u003c\/td\u003e\n\u003ctd\u003e$3.5T+ outstanding\u003c\/td\u003e\n\u003ctd\u003eTransparency\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMortgage Originators\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThis segment covers large national banks, regional credit unions, and independent mortgage lenders that sell loans to manage liquidity and pipeline risk; in 2024 mortgage originators supplied roughly $2.1 trillion of single-family conforming production to Fannie Mae and the market, so they demand competitive execution (tight buy prices), modern delivery tech (API pipelines, eVaults), and predictable secondary-market execution and timelines.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eInstitutional investors-pension funds, sovereign wealth funds, and mutual funds-buy Fannie Mae mortgage-backed securities (MBS) for stable, yield-bearing assets; as of 2024 U.S. pensions held roughly $1.7 trillion in agency MBS and Fannie Mae MBS yielded ~3.5%-4.0% on average, aiding liability matching.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLow-to-Moderate Income Borrowers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae targets low-to-moderate income borrowers-including 1st-time buyers and residents of underserved areas-through mission-driven products; in 2024 the enterprise-backed mortgage purchases supporting affordable lending totaled about $215 billion, and its affordable lending scorecards guided ~28% of purchases into LMI (low-to-moderate income) census tracts, with specific programs like HomeReady expanded for credit-flexible underwriting.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMultifamily Property Owners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFannie Mae backs multifamily property owners-developers and apartment landlords-by buying\/converting loans to provide liquidity for affordable rental units; as of Q4 2025 Fannie held or guaranteed about $570 billion in multifamily mortgage assets, supporting roughly 3 million rental units nationwide.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eSupports developers\/owners of apartments\u003c\/li\u003e\n\u003cli\u003eHolds\/guarantees ~$570B multifamily loans (Q4 2025)\u003c\/li\u003e\n\u003cli\u003eSupports ~3M rental units\u003c\/li\u003e\n\u003cli\u003eTargets affordable housing, easing U.S. affordability crisis\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eU.S. Government and Taxpayers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThe U.S. government and taxpayers rely on Fannie Mae to support mortgage market stability and affordable housing while avoiding taxpayer-funded rescues; Fannie held about $3.2 trillion in total mortgage-related assets and guarantees at end-2024, so minimizing credit, interest-rate, and operational risk is critical to limit fiscal exposure.\u003c\/p\u003e\n\u003cp\u003ePolicy-driven needs focus on housing affordability, countercyclical liquidity, and systemic risk reduction tied to overall GDP and unemployment trends, with regulators monitoring capital, stress-tests, and the 2024 conservatorship-era net worth sweep discussions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eGovernment consumes stability, not profits\u003c\/li\u003e\n\u003cli\u003eMinimize bailout risk; $3.2T assets\/guarantees (2024)\u003c\/li\u003e\n\u003cli\u003eAlign with policy: affordability, liquidity, systemic risk\u003c\/li\u003e\n\u003cli\u003eRegulatory focus: capital, stress tests, conservatorship outcomes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFannie Mae: $3.2T system backbone-$2.1T origination, $1.7T MBS, $570B multifamily\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae serves mortgage originators (sold ~$2.1T single-family production in 2024), institutional MBS buyers (U.S. pensions held ~$1.7T agency MBS in 2024), low-to-moderate income borrowers (affordable purchases ~$215B in 2024; 28% into LMI tracts), multifamily owners (held\/guaranteed ~$570B Q4 2025), and the U.S. government (total assets\/guarantees ~$3.2T end-2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey 2024\/2025 data\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eOriginators\u003c\/td\u003e\n\u003ctd\u003e$2.1T single-family production (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional investors\u003c\/td\u003e\n\u003ctd\u003e$1.7T agency MBS held by pensions (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLMI borrowers\u003c\/td\u003e\n\u003ctd\u003e$215B affordable purchases; 28% LMI tracts (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMultifamily owners\u003c\/td\u003e\n\u003ctd\u003e$570B held\/guaranteed (Q4 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGovernment\u003c\/td\u003e\n\u003ctd\u003e$3.2T assets\/guarantees (end-2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCredit Loss Provisions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae allocates large credit loss provisions-$8.4 billion in 2024 net charge estimates-covering potential defaults on guaranteed mortgages; reserves rose with 2023-24 stress from higher unemployment and cooling home prices.\u003c\/p\u003e\n\u003cp\u003eThese provisions swing with macro indicators (unemployment, house-price index) and are central to capital adequacy and FHFA regulatory limits, so active model validation and quarterly reserve reviews keep solvency and compliance intact.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdministrative and Personnel Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRunning Fannie Mae (Federal National Mortgage Association) requires heavy admin and personnel spend-2024 SG\u0026amp;A and staffing drove about $3.9B in operating expenses, covering salaries, benefits, and office overhead for risk analysts, IT, and legal teams; median compensation for senior risk\/IT roles exceeded $185k in 2024. Teams and headcount efficiency are tracked via cost-per-loan and SG\u0026amp;A-to-revenue ratios to keep operations lean.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology and Infrastructure Investment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae spent about $1.7 billion on technology and amortized capital in 2024, funding underwriting platforms, data centers, and cyber defenses; ongoing modernization and fraud-prevention upgrades are critical as mortgage digitization raises attack surface and customer expectations. These are recurring capital expenditures that support operational resilience and regulatory compliance while helping Fannie maintain market competitiveness.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInterest Expense on Debt\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFannie Mae funds mortgage purchases largely by issuing debt securities; interest paid on that debt was $23.4 billion in 2024, making interest expense a leading cost driver that directly compresses net interest margin and EPS.\u003c\/p\u003e\n\u003cp\u003eRising market rates in 2024 raised average funding costs ~150 basis points vs 2023, so a 100 bp move changes annual interest expense by roughly $2-3 billion, materially affecting profitability.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 interest expense: $23.4 billion\u003c\/li\u003e\n\u003cli\u003eAvg funding cost +150 bps vs 2023\u003c\/li\u003e\n\u003cli\u003e~$2-3B annual expense per 100 bp rate move\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory and Guarantee Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpfannie mae pays regulatory assessments to the fhfa and other agencies incurs costs for risk-sharing deals that transfer credit exposure private investors in fees approximated several hundred million dollars while program expenses tied a multi-trillion dollar guarantee book reached roughly million.\u003e\n\u003cp class=\"lst_crct\"\u003e\n\u003c\/p\u003e\u003cli\u003eFHFA\/regulatory fees: ~few hundred million (2024)\u003c\/li\u003e\n\u003cli\u003eRisk-sharing expenses: ~$400-600M (2024)\u003c\/li\u003e\n\u003cli\u003eGuarantee portfolio: multi-trillion dollars in unpaid principal balance\u003c\/li\u003e\n\n\u003c\/pfannie\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFannie Mae 2024 Costs: $23.4B Interest, $8.4B Provisions, Rising Funding Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFannie Mae's 2024 cost structure centers on $23.4B interest expense, $8.4B credit loss provisions, ~$3.9B SG\u0026amp;A, $1.7B tech\/CAPEX, and ~$400-600M risk‑sharing costs; funding costs rose ~150 bps vs 2023 (~$2-3B per 100 bp impact).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eInterest expense\u003c\/td\u003e\n\u003ctd\u003e$23.4B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCredit provisions\u003c\/td\u003e\n\u003ctd\u003e$8.4B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSG\u0026amp;A\u003c\/td\u003e\n\u003ctd\u003e$3.9B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTech\/CAPEX\u003c\/td\u003e\n\u003ctd\u003e$1.7B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRisk‑sharing costs\u003c\/td\u003e\n\u003ctd\u003e$400-600M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGuaranty Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eGuaranty fees are Fannie Mae's main revenue, charged to lenders for guaranteeing timely MBS payments and typically set as a few basis points of unpaid principal balance; in 2024 Fannie reported $20.6 billion in guarantee fee and fee-related income, driven by $2.3 trillion of guarantee book unpaid principal balance (UPB) at year‑end.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInterest Income from Retained Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFannie Mae earns interest on a regulated retained portfolio of mortgage loans and securities on its balance sheet; net interest income equals the spread between yields on these assets and the cost of its debt, which was about 0.75-1.25 percentage points annualized in 2024 given portfolio yields near 4.5% and funding costs ~3.3% (2024 average). This revenue swings with market rates and prepayment risk, which trimmed 2024 net interest income volatility notably during the Fed rate cuts.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Markets Trading Gains\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRevenue comes from buying\/selling mortgage-backed securities and managing Fannie Mae's investment portfolio; in 2024 Fannie reported net investment gains of $4.2 billion, driven by changes in fair value and trading, per its 2024 10-K.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRisk Transfer Transaction Income\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFannie Mae sells portions of mortgage credit risk through CRT programs (like K-Deal and CAS) to private investors; in 2024 CRT issuance totaled about $40.8 billion, lowering required capital and smoothing guarantee fee revenue.\u003c\/p\u003e\n\u003cp\u003eAlthough CRT incurs upfront costs, it reduced Fannie Mae's capital need by an estimated $5-7 billion in 2024, supporting long-term revenue stability and aligning risk with private capital.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 CRT issuance: ~$40.8B\u003c\/li\u003e\n\u003cli\u003eEstimated capital relief: $5-7B in 2024\u003c\/li\u003e\n\u003cli\u003eSupports stable guarantee fee revenue\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAncillary Service Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp mae earns ancillary service fees from tech platforms data products and consulting-notably charges tied to desktop underwriter usage-adding modest but stable income alongside guaranty in such non-guaranty were reported at roughly billion about of total revenue.\u003e\n\u003c\/p\u003e\n\u003cp class=\"lst_crct\"\u003e\u003c\/p\u003e\n\u003cli\u003e~$1.1B ancillary fees (2024)\u003c\/li\u003e\n\u003cli\u003eTied to Desktop Underwriter and proprietary tools\u003c\/li\u003e\n\u003cli\u003eSupports revenue diversification vs guaranty fees\u003c\/li\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003e$20.6B guarantee fees, $4.2B gains, $5-7B capital relief from $40.8B CRT\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eGuaranty fees were primary revenue: $20.6B guarantee fee and fee-related income on $2.3T UPB (2024); net interest income driven by retained portfolio spread (~0.75-1.25 pp) with portfolio yields ~4.5% and funding ~3.3% (2024); net investment gains $4.2B; CRT issuance ~$40.8B (2024) giving ~$5-7B capital relief; ancillary fees ~$1.1B.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGuarantee fee income\u003c\/td\u003e\n\u003ctd\u003e$20.6B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGuarantee UPB\u003c\/td\u003e\n\u003ctd\u003e$2.3T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet investment gains\u003c\/td\u003e\n\u003ctd\u003e$4.2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCRT issuance\u003c\/td\u003e\n\u003ctd\u003e$40.8B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEstimated capital relief\u003c\/td\u003e\n\u003ctd\u003e$5-7B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAncillary fees\u003c\/td\u003e\n\u003ctd\u003e$1.1B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"4P Marketing Mix","offers":[{"title":"Default Title","offer_id":64255049695581,"sku":"fanniemae-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1058\/5151\/9325\/files\/fanniemae-canvas-business-model.webp?v=1776763574","url":"https:\/\/4pmarketingmix.com\/products\/fanniemae-business-model-canvas","provider":"4P Marketing Mix","version":"1.0","type":"link"}