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227                        Fannie Mae Today
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269                            Colonias Investment Areas
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273                          <a href="/about-us/what-we-do/duty-serve/native-american-homeownership">
274                            Supporting Native American homeownership
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293                            Access to Mortgage Credit
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297                          <a href="/about-us/what-we-do/homeownership/restrictive-covenants">
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305                        Innovation
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317                                          </li>
318                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
319                      <a href="/about-us/what-we-do/positive-rent-payment-reporting" role="menuitem" aria-haspopup="true" aria-expanded="false">
320                        Positive Rent Payment Reporting
321                      </a>
322                                          </li>
323                                      </ul>
324                                  </li>
325                
326                <li class="global-nav-biz__secondary-nav-item" role="none">
327                  <a href="/about-us/fannie-mae-leadership-team" role="menuitem">
328                    Leadership Team
329                                                                              </a>
330                                  </li>
331                
332                <li class="global-nav-biz__secondary-nav-item" role="none">
333                  <a href="/about-us/corporate-governance" role="menuitem">
334                    Corporate Governance
335                                                                              </a>
336                                    <span class="global-nav-biz__nav-toggle-pipe"></span>
337                  <button class="global-nav-biz__nav-toggle"
338                    aria-label="Toggle submenu for  Corporate Governance">
339                    Toggle
340                  </button>
341
342                  <ul
343                    class="global-nav-biz__tertiary-nav-wrapper list-unstyled" role="menu">
344                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
345                      <a href="/about-us/corporate-governance/corporate-governance-guidelines" role="menuitem" aria-haspopup="true" aria-expanded="false">
346                        Corporate Governance Guidelines
347                      </a>
348                                          </li>
349                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
350                      <a href="/about-us/corporate-governance/fannie-mae-charter" role="menuitem" aria-haspopup="true" aria-expanded="false">
351                        Fannie Mae Charter
352                      </a>
353                                          </li>
354                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
355                      <a href="/about-us/corporate-governance/board-directors" role="menuitem" aria-haspopup="true" aria-expanded="false">
356                        Board of Directors
357                      </a>
358                                          </li>
359                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
360                      <a href="/about-us/corporate-governance/fannie-mae-board-committees" role="menuitem" aria-haspopup="true" aria-expanded="false">
361                        Committees
362                      </a>
363                                          </li>
364                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
365                      <a href="/about-us/corporate-governance/board-committee-charters" role="menuitem" aria-haspopup="true" aria-expanded="false">
366                        Committee Charters
367                      </a>
368                                          </li>
369                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
370                      <a href="/about-us/corporate-governance/fannie-mae-code-conduct-board-directors" role="menuitem" aria-haspopup="true" aria-expanded="false">
371                        Code of Conduct
372                      </a>
373                                          </li>
374                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
375                      <a href="/about-us/corporate-governance/bylaws" role="menuitem" aria-haspopup="true" aria-expanded="false">
376                        Bylaws
377                      </a>
378                                          </li>
379                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
380                      <a href="/about-us/corporate-governance/contacting-board-directors" role="menuitem" aria-haspopup="true" aria-expanded="false">
381                        Contacting the Board of Directors
382                      </a>
383                                          </li>
384                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
385                      <a href="/about-us/corporate-governance/ahar-and-amr" role="menuitem" aria-haspopup="true" aria-expanded="false">
386                        Housing Reports
387                      </a>
388                                          </li>
389                                      </ul>
390                                  </li>
391                
392                <li class="global-nav-biz__secondary-nav-item" role="none">
393                  <a href="/about-us/investor-relations" role="menuitem">
394                    Investor Relations
395                                                                              </a>
396                                    <span class="global-nav-biz__nav-toggle-pipe"></span>
397                  <button class="global-nav-biz__nav-toggle"
398                    aria-label="Toggle submenu for  Investor Relations">
399                    Toggle
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401
402                  <ul
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405                      <a href="/about-us/investor-relations/quarterly-and-annual-results" role="menuitem" aria-haspopup="true" aria-expanded="false">
406                        Quarterly and Annual Results
407                      </a>
408                                          </li>
409                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
410                      <a href="/about-us/investor-relations/sec-filings" role="menuitem" aria-haspopup="true" aria-expanded="false">
411                        SEC Filings
412                      </a>
413                                            <span class="global-nav-biz__nav-toggle-pipe"></span>
414                      <button class="global-nav-biz__nav-toggle"
415                        aria-label="Toggle submenu for SEC Filings">
416                        Toggle
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419                      <ul
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421                                                <li class="global-nav-biz__fourth-nav-item">
422                          <a href="https://fanniemae.gcs-web.com/financial-information/sec-filings">
423                            All SEC Filings
424                          </a>
425                        </li>
426                                                <li class="global-nav-biz__fourth-nav-item">
427                          <a href="https://fanniemae.gcs-web.com/annual-filings">
428                            Annual Filings
429                          </a>
430                        </li>
431                                                <li class="global-nav-biz__fourth-nav-item">
432                          <a href="https://fanniemae.gcs-web.com/quarterly-filings">
433                            Quarterly Filings
434                          </a>
435                        </li>
436                                                <li class="global-nav-biz__fourth-nav-item">
437                          <a href="https://fanniemae.gcs-web.com/current-reports">
438                            Current Reports
439                          </a>
440                        </li>
441                                                <li class="global-nav-biz__fourth-nav-item">
442                          <a href="https://fanniemae.gcs-web.com/section-filings">
443                            Section 16 Filings
444                          </a>
445                        </li>
446                                                <li class="global-nav-biz__fourth-nav-item">
447                          <a href="https://fanniemae.gcs-web.com/proxy-filings">
448                            Proxy Filings
449                          </a>
450                        </li>
451                                              </ul>
452                                          </li>
453                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
454                      <a href="https://capitalmarkets.fanniemae.com/" role="menuitem" aria-haspopup="true" aria-expanded="false">
455                        Fixed-Income Securities
456                      </a>
457                                          </li>
458                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
459                      <a href="/about-us/investor-relations/additional-disclosures" role="menuitem" aria-haspopup="true" aria-expanded="false">
460                        Monthly Summary and Capital Disclosures
461                      </a>
462                                            <span class="global-nav-biz__nav-toggle-pipe"></span>
463                      <button class="global-nav-biz__nav-toggle"
464                        aria-label="Toggle submenu for Monthly Summary and Capital Disclosures">
465                        Toggle
466                      </button>
467
468                      <ul
469                        class="global-nav-biz__fourth-nav-wrapper list-unstyled">
470                                                <li class="global-nav-biz__fourth-nav-item">
471                          <a href="/about-us/investor-relations/monthly-summary">
472                            Monthly Summary
473                          </a>
474                        </li>
475                                                <li class="global-nav-biz__fourth-nav-item">
476                          <a href="/about-us/investor-relations/capital-disclosures">
477                            Capital Disclosures
478                          </a>
479                        </li>
480                                              </ul>
481                                          </li>
482                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
483                      <a href="/about-us/investor-relations/stock-information" role="menuitem" aria-haspopup="true" aria-expanded="false">
484                        Stockholder Information
485                      </a>
486                                          </li>
487                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
488                      <a href="https://fanniemae.gcs-web.com/stock-information/stock-quote" role="menuitem" aria-haspopup="true" aria-expanded="false">
489                        Current and Historical Stock Information
490                      </a>
491                                          </li>
492                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
493                      <a href="/about-us/investor-relations/investor-contact-information" role="menuitem" aria-haspopup="true" aria-expanded="false">
494                        Contact Information
495                      </a>
496                                          </li>
497                                      </ul>
498                                  </li>
499                
500                <li class="global-nav-biz__secondary-nav-item" role="none">
501                  <a href="/about-us/corp-responsibility" role="menuitem">
502                    Corporate Responsibility
503                                                                              </a>
504                                  </li>
505                              </ul>
506                          </li>
507            
508            
509            <li
510              class="global-nav-biz__primary-nav-item global-nav-biz__primary-nav-item--default has-submenu " role="none">
511
512                            <a href="/data-and-insights" aria-haspopup="true"
513                aria-expanded="false"
514                class="global-nav-biz__primary-nav-link " role="menuitem">Data and Insights</a>
515              <span class="global-nav-biz__nav-toggle-pipe"></span>
516              <button class="global-nav-biz__nav-toggle"
517                aria-label="Toggle submenu for Data and Insights">
518                Toggle
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521                
522                <li class="global-nav-biz__secondary-nav-item" role="none">
523                  <a href="/data-and-insights/forecast" role="menuitem">
524                    Forecast
525                                                                              </a>
526                                    <span class="global-nav-biz__nav-toggle-pipe"></span>
527                  <button class="global-nav-biz__nav-toggle"
528                    aria-label="Toggle submenu for  Forecast">
529                    Toggle
530                  </button>
531
532                  <ul
533                    class="global-nav-biz__tertiary-nav-wrapper list-unstyled" role="menu">
534                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
535                      <a href="/data-and-insights/forecast/forecast-monthly-archive" role="menuitem" aria-haspopup="true" aria-expanded="false">
536                        Monthly Archive
537                      </a>
538                                          </li>
539                                      </ul>
540                                  </li>
541                
542                <li class="global-nav-biz__secondary-nav-item" role="none">
543                  <a href="/data-and-insights/surveys" role="menuitem">
544                    Surveys &amp; Indices
545                                                                              </a>
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548                    aria-label="Toggle submenu for  Surveys &amp; Indices">
549                    Toggle
550                  </button>
551
552                  <ul
553                    class="global-nav-biz__tertiary-nav-wrapper list-unstyled" role="menu">
554                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
555                      <a href="/data-and-insights/surveys-indices/national-housing-survey" role="menuitem" aria-haspopup="true" aria-expanded="false">
556                        National Housing Survey
557                      </a>
558                                            <span class="global-nav-biz__nav-toggle-pipe"></span>
559                      <button class="global-nav-biz__nav-toggle"
560                        aria-label="Toggle submenu for National Housing Survey">
561                        Toggle
562                      </button>
563
564                      <ul
565                        class="global-nav-biz__fourth-nav-wrapper list-unstyled">
566                                                <li class="global-nav-biz__fourth-nav-item">
567                          <a href="/data-and-insights/surveys-indices/national-housing-survey/about-national-housing-survey">
568                            About the National Housing Survey
569                          </a>
570                        </li>
571                                                <li class="global-nav-biz__fourth-nav-item">
572                          <a href="/data-and-insights/surveys-indices/national-housing-survey/national-housing-survey-archive">
573                            Archive
574                          </a>
575                        </li>
576                                              </ul>
577                                          </li>
578                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
579                      <a href="/data-and-insights/surveys/mortgage-lender-sentiment-survey" role="menuitem" aria-haspopup="true" aria-expanded="false">
580                        Mortgage Lender Sentiment Survey
581                      </a>
582                                            <span class="global-nav-biz__nav-toggle-pipe"></span>
583                      <button class="global-nav-biz__nav-toggle"
584                        aria-label="Toggle submenu for Mortgage Lender Sentiment Survey">
585                        Toggle
586                      </button>
587
588                      <ul
589                        class="global-nav-biz__fourth-nav-wrapper list-unstyled">
590                                                <li class="global-nav-biz__fourth-nav-item">
591                          <a href="/data-and-insights/surveys-indices/mortgage-lender-sentiment-survey/about-mortgage-lender-sentiment-survey">
592                            About the Mortgage Lender Sentiment Survey
593                          </a>
594                        </li>
595                                                <li class="global-nav-biz__fourth-nav-item">
596                          <a href="/data-and-insights/surveys-indices/mortgage-lender-sentiment-survey/mortgage-lender-sentiment-survey-archive">
597                            Archive
598                          </a>
599                        </li>
600                                              </ul>
601                                          </li>
602                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
603                      <a href="/data-and-insights/surveys-indices/fannie-mae-home-price-index" role="menuitem" aria-haspopup="true" aria-expanded="false">
604                        Fannie Mae Home Price Index
605                      </a>
606                                          </li>
607                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
608                      <a href="/data-and-insights/surveys-indices/home-price-expectations-survey-hpes" role="menuitem" aria-haspopup="true" aria-expanded="false">
609                        Home Price Expectations Survey
610                      </a>
611                                          </li>
612                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
613                      <a href="/data-and-insights/surveys-indices/weekly-mortgage-applications-data" role="menuitem" aria-haspopup="true" aria-expanded="false">
614                        Weekly Mortgage Applications Data
615                      </a>
616                                          </li>
617                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
618                      <a href="/data-and-insights/surveys-indices/special-topics" role="menuitem" aria-haspopup="true" aria-expanded="false">
619                        Special Topics
620                      </a>
621                                            <span class="global-nav-biz__nav-toggle-pipe"></span>
622                      <button class="global-nav-biz__nav-toggle"
623                        aria-label="Toggle submenu for Special Topics">
624                        Toggle
625                      </button>
626
627                      <ul
628                        class="global-nav-biz__fourth-nav-wrapper list-unstyled">
629                                                <li class="global-nav-biz__fourth-nav-item">
630                          <a href="https://www.fanniemae.com/mortgage-understanding-study">
631                            Consumer Mortgage Understanding Survey
632                          </a>
633                        </li>
634                                                <li class="global-nav-biz__fourth-nav-item">
635                          <a href="/data-and-insights/surveys-indices/special-topics/special-topics-archive">
636                            Special Topics Archive
637                          </a>
638                        </li>
639                                              </ul>
640                                          </li>
641                                      </ul>
642                                  </li>
643                
644                <li class="global-nav-biz__secondary-nav-item" role="none">
645                  <a href="/data-and-insights/publications" role="menuitem">
646                    Publications
647                                                                              </a>
648                                    <span class="global-nav-biz__nav-toggle-pipe"></span>
649                  <button class="global-nav-biz__nav-toggle"
650                    aria-label="Toggle submenu for  Publications">
651                    Toggle
652                  </button>
653
654                  <ul
655                    class="global-nav-biz__tertiary-nav-wrapper list-unstyled" role="menu">
656                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
657                      <a href="/data-and-insights/publications/fannie-mae-working-papers" role="menuitem" aria-haspopup="true" aria-expanded="false">
658                        Fannie Mae Working Papers
659                      </a>
660                                          </li>
661                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
662                      <a href="/data-and-insights/publications/housing-insights" role="menuitem" aria-haspopup="true" aria-expanded="false">
663                        Housing Insights
664                      </a>
665                                          </li>
666                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
667                      <a href="/data-and-insights/publications/partner-research" role="menuitem" aria-haspopup="true" aria-expanded="false">
668                        Partner Research
669                      </a>
670                                          </li>
671                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
672                      <a href="/data-and-insights/publications/publications-archive" role="menuitem" aria-haspopup="true" aria-expanded="false">
673                        Publications Archive
674                      </a>
675                                          </li>
676                                      </ul>
677                                  </li>
678                
679                <li class="global-nav-biz__secondary-nav-item" role="none">
680                  <a href="/data-and-insights/perspectives" role="menuitem">
681                    Perspectives
682                                                                              </a>
683                                    <span class="global-nav-biz__nav-toggle-pipe"></span>
684                  <button class="global-nav-biz__nav-toggle"
685                    aria-label="Toggle submenu for  Perspectives">
686                    Toggle
687                  </button>
688
689                  <ul
690                    class="global-nav-biz__tertiary-nav-wrapper list-unstyled" role="menu">
691                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
692                      <a href="/data-and-insights/perspectives/fannie-mae-perspectives-2025-archive" role="menuitem" aria-haspopup="true" aria-expanded="false">
693                        Archive - 2025
694                      </a>
695                                          </li>
696                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
697                      <a href="/data-and-insights/perspectives/fannie-mae-perspectives-2024-archive" role="menuitem" aria-haspopup="true" aria-expanded="false">
698                        Archive - 2024
699                      </a>
700                                          </li>
701                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
702                      <a href="/data-and-insights/perspectives/fannie-mae-perspectives-2023-archive" role="menuitem" aria-haspopup="true" aria-expanded="false">
703                        Archive - 2023
704                      </a>
705                                          </li>
706                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
707                      <a href="/data-and-insights/perspectives/fannie-mae-perspectives-2022-archive" role="menuitem" aria-haspopup="true" aria-expanded="false">
708                        Archive - 2022
709                      </a>
710                                          </li>
711                                      </ul>
712                                  </li>
713                
714                <li class="global-nav-biz__secondary-nav-item" role="none">
715                  <a href="/data-and-insights/about-economic-and-strategic-research-esr-group" role="menuitem">
716                    About ESR
717                                                                              </a>
718                                  </li>
719                              </ul>
720                          </li>
721            
722            
723            <li
724              class="global-nav-biz__primary-nav-item global-nav-biz__primary-nav-item--default has-submenu " role="none">
725
726                            <a href="/newsroom" aria-haspopup="true"
727                aria-expanded="false"
728                class="global-nav-biz__primary-nav-link " role="menuitem">Newsroom</a>
729              <span class="global-nav-biz__nav-toggle-pipe"></span>
730              <button class="global-nav-biz__nav-toggle"
731                aria-label="Toggle submenu for Newsroom">
732                Toggle
733              </button>
734              <ul class="global-nav-biz__secondary-nav-wrapper list-unstyled" role="menu">
735                
736                <li class="global-nav-biz__secondary-nav-item" role="none">
737                  <a href="/newsroom/fannie-mae-news" role="menuitem">
738                    News
739                                                                              </a>
740                                  </li>
741                
742                <li class="global-nav-biz__secondary-nav-item" role="none">
743                  <a href="/newsroom/media-resources" role="menuitem">
744                    Media Resources
745                                                                              </a>
746                                  </li>
747                              </ul>
748                          </li>
749            
750            
751            <li
752              class="global-nav-biz__primary-nav-item global-nav-biz__primary-nav-item--default has-submenu " role="none">
753
754                            <a href="/careers" aria-haspopup="true"
755                aria-expanded="false"
756                class="global-nav-biz__primary-nav-link " role="menuitem">Careers</a>
757              <span class="global-nav-biz__nav-toggle-pipe"></span>
758              <button class="global-nav-biz__nav-toggle"
759                aria-label="Toggle submenu for Careers">
760                Toggle
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762              <ul class="global-nav-biz__secondary-nav-wrapper list-unstyled" role="menu">
763                
764                <li class="global-nav-biz__secondary-nav-item" role="none">
765                  <a href="/careers/our-teams" role="menuitem">
766                    Our Teams
767                                                                              </a>
768                                    <span class="global-nav-biz__nav-toggle-pipe"></span>
769                  <button class="global-nav-biz__nav-toggle"
770                    aria-label="Toggle submenu for  Our Teams">
771                    Toggle
772                  </button>
773
774                  <ul
775                    class="global-nav-biz__tertiary-nav-wrapper list-unstyled" role="menu">
776                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
777                      <a href="/careers/our-teams/corporate-teams" role="menuitem" aria-haspopup="true" aria-expanded="false">
778                        Corporate Teams
779                      </a>
780                                          </li>
781                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
782                      <a href="/careers/our-teams/data-analytics" role="menuitem" aria-haspopup="true" aria-expanded="false">
783                        Data &amp; Analytics
784                      </a>
785                                          </li>
786                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
787                      <a href="/careers/our-teams/digital-technology" role="menuitem" aria-haspopup="true" aria-expanded="false">
788                        Digital &amp; Technology
789                      </a>
790                                          </li>
791                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
792                      <a href="/careers/our-teams/mortgage-customer-solutions" role="menuitem" aria-haspopup="true" aria-expanded="false">
793                        Mortgage &amp; Customer Solutions
794                      </a>
795                                          </li>
796                                        <li class="global-nav-biz__tertiary-nav-item" role="none">
797                      <a href="/careers/our-teams/risk-management" role="menuitem" aria-haspopup="true" aria-expanded="false">
798                        Risk Management
799                      </a>
800                                          </li>
801                                      </ul>
802                                  </li>
803                
804                <li class="global-nav-biz__secondary-nav-item" role="none">
805                  <a href="/careers/life-fannie-mae" role="menuitem">
806                    Life at Fannie Mae
807                                                                              </a>
808                                  </li>
809                
810                <li class="global-nav-biz__secondary-nav-item" role="none">
811                  <a href="/careers/benefits" role="menuitem">
812                    Benefits &amp; Professional Development
813                                                                              </a>
814                                  </li>
815                
816                <li class="global-nav-biz__secondary-nav-item" role="none">
817                  <a href="/careers/campus" role="menuitem">
818                    Campus
819                                                                              </a>
820                                  </li>
821                              </ul>
822                          </li>
823            
824            
825            <li
826              class="global-nav-biz__primary-nav-item global-nav-biz__primary-nav-item--default  " role="none">
827
828                            <a href="/about-us/contact-us"
829                class=" " role="menuitem">Contact Us</a>
830
831              
832                                        </li>
833            
834
835          </ul>
836        </li>
837              </ul>
838      <span class="toggle-text global-nav-biz__toggle">Menu</span>
839
840      <span class="toggle-text left">Fannie Mae Home</span>
841    </nav>
842  </div>
843</div>
844
845
846  </div>
847
848  </div>
849
850    <div class="region-site">
851
852    <nav role="navigation" aria-labelledby="block-fmsitenav-menu" id="block-fmsitenav">
853            
854  <h2 class="block-title typog-custom visually-hidden" id="block-fmsitenav-menu">FM Site Nav</h2>
855  
856
857        
858
859<div aria-label="Site Navigation" class="global-nav mega mega-menu-component">
860  <div class="global-nav__container mega-nav-container container-fluid">
861    <a href="https://www.fanniemae.com/" class="fm-logo">
862      <span class="sr-only">Homepage</span>
863                    
864      <img src="/themes/custom/particle/dist/app-drupal-corp/assets/fm_logo_rgb.png" alt="Fannie Mae logo" >
865            </a>
866    <nav role="navigation" class="global-nav__right mega_menu_nav">
867            <ul class="global-nav__nav datalayer-nav__container-fm-site list-unstyled">
868                              
869            <li
870              class="global-nav__primary-nav-item global-nav__primary-nav-item--default  placeholder">
871                                                                <a href="">Search
872                  </a>
873                
874                          </li>
875                                </ul>
876      <button aria-label="Open search" class="global-nav__toggle-search fm-toggle-search coveo-search-toggle">
877        <span class="sr-only">Toggle search</span>
878        <span class="search-label">Search</span>
879        <i aria-hidden="true" class="fa-solid fa-magnifying-glass fm-toggle-search"></i>
880      </button>
881
882    </nav>
883
884  </div>
885</div>
886
887  </nav>
888<div id="block-particle-corp-globalcoveosearch">
889  
890    
891      
891<script type="module" src="https://static.cloud.coveo.com/atomic/v2/atomic.esm.js"></script>
891
892<link rel="stylesheet" href="https://static.cloud.coveo.com/atomic/v2/themes/coveo.css">
893<script type="text/javascript" src="https://static.cloud.coveo.com/coveo.analytics.js/2/coveoua.js"></script>
893
894
895
896<script type="module">
897    // Function to initialize a search interface
898    document.addEventListener('DOMContentLoaded', async function () {
899
900        async function initializeSearchInterface(id, accessToken, organizationId) {
901            const searchInterface = document.getElementById(id);
902            if (searchInterface) {
903                await customElements.whenDefined("atomic-search-interface");
904                // Initialization
905                await searchInterface.initialize({accessToken: accessToken, organizationId: organizationId, organizationEndpoints: await searchInterface.getOrganizationEndpoints(organizationId)});
906
907                // Only need this for the guides.
908                if (window.location.host.indexOf("guide") !== -1 || window.location.host.indexOf("credit") !== -1 || window.location.host.indexOf("fm") !== -1) {
909                    const searchBox = document.querySelector('atomic-search-interface#search-interface-search-bar atomic-search-box');
910                    const engine = searchInterface.engine;
911                    var currentQuery = "";
912                    function handleStateUpdate() {
913                        const state = engine.state;
914                        if (engine.state.query.q != "" && currentQuery != engine.state.query.q) {
915                            currentQuery = engine.state.query.q;
916                            var redirectUrl = searchBox.redirectionUrl + "&q=" + engine.state.query.q;
917                            searchBox.redirectionUrl = redirectUrl;
918                        }
919                    }
920                    const unsubscribe = engine.subscribe(handleStateUpdate);
921                }
922            }
923        }
924
925        async function getToken() {
926            const response = await fetch(`${window.location.origin}/search/token`);
927            const data = await response.json();
928            const accessToken = data.access_token;
929            return accessToken;
930        }
931        const token = await getToken();
932
933        // Initialize the first search
934        initializeSearchInterface("search-interface-search-bar", token, 'fanniemae9glu2r77');
935
936        var fieldName = "@clickableuri";
937        var fieldValue = function () {return location.href }
938
939        setTimeout(function(){
940                coveoua("init", token, "https://fanniemae9glu2r77.analytics.org.coveo.com/rest/ua");
941                coveoua("send", "view", {
942                    contentIdKey: fieldName,
943                    contentIdValue: fieldValue(),
944                });
945            }, 3000);
946    });
947</script>
947
948
949<div class="coveo-search--nav container fm-search__form-block fm-search__form-block--header">
950    <div class="fm-search__form-wrapper">
951        <atomic-search-interface id="search-interface-search-bar" search-hub="corporate" class="" localization-compatibility-version="v4" fields-to-include='["fmaudience","fmtopic_corp", "fmproduct", "tags","fmcontenttype", "toptitle", "summary"]'>
952            <atomic-search-box redirection-url="/search#f-fmbusiness=corporate">
953                <atomic-search-box-query-suggestions max-with-query='5' max-without-query='5' />
954            </atomic-search-box>
955        </atomic-search-interface>
956    </div>
957</div>
958
959<script type="text/javascript">
960    // Get the toggle button and the search form block
961    document.addEventListener('DOMContentLoaded', function () {
962        var toggleButton = document.querySelector('.fm-toggle-search');
963        var searchFormBlock = document.querySelector('.fm-search__form-block--header');
964        // Add click event listener to the toggle button
965        toggleButton.addEventListener('click', function () {
966            searchFormBlock.classList.toggle('is-open');
967        });
968    });
969</script>
969
970
971<style>
972    atomic-search-interface#search-interface-search-bar {
973        position: absolute;
974        right: 1%;
975        top: 0;
976        padding: 8px;
977        background: #F1F1EF;
978        border-radius: 55px;
979        width: 98%;
980        z-index: 999;
981        transform: translateY(-60px);
982    }
983    @media only screen and (min-width: 768px) {
984        atomic-search-interface#search-interface-search-bar {
985            width: 430px;
986            right: 16px;
987            min-width: 430px;
988            transform: unset;
989        }
990    }
991  atomic-search-interface#search-interface-search-bar:before {
992    content: '';
993    position: absolute;
994    right: 17px;
995    top: -9px;
996    width: 25px;
997    height: 15px;
998    border-bottom: solid 15px #ededed;
999    border-left: solid 15px transparent;
1000    border-right: solid 15px transparent;
1001    display: none;
1002  }
1003  atomic-search-interface#search-interface-search-bar atomic-search-box {
1004    width: auto;
1005    max-width: none;
1006  }
1007
1008  atomic-search-interface#search-interface-search-bar atomic-search-box::part(wrapper) {
1009    border: 1px solid rgba(12, 12, 12, 0.3);
1010    border-radius: 24px;
1011    background: #fff;
1012    padding: 4px 10px;
1013    align-items: center;
1014  }
1015  atomic-search-interface#search-interface-search-bar atomic-search-box::part(wrapper):focus-within {
1016    box-shadow: unset;
1017  }
1018  atomic-search-interface#search-interface-search-bar atomic-search-box::part(input) {
1019    color: #121212;
1020    font-family: 'Source Sans Pro', sans-serif;
1021    font-weight: 400;
1022    font-size: 16px;
1023    display: block;
1024    width: 100%;
1025    overflow: hidden;
1026    text-overflow: ellipsis;
1027    white-space: nowrap;
1028    text-indent: 0;
1029    padding: 12px 14px;
1030    line-height: 24px;
1031  }
1032  atomic-search-interface#search-interface-search-bar atomic-search-box::part(input)::placeholder {
1033    color: #717171;
1034  }
1035  atomic-search-interface#search-interface-search-bar atomic-search-box::part(suggestion) {
1036    font-size: 16px;
1037    color: #121212;
1038    padding-top: 12px;
1039    padding-bottom: 12px;
1040  }
1041
1042  atomic-search-interface#search-interface-search-bar atomic-search-box::part(suggestions-wrapper){
1043    border: thin solid #7e8c9a;
1044    border-radius: 0;
1045    width: 97%;
1046    margin-left: 6px;
1047    margin-top: -10px;
1048  }
1049  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-button) {
1050    background: unset;
1051    margin-bottom: 2px;
1052    margin-right: 10px;
1053    overflow: visible;
1054    flex: 0 1 max-content;
1055  }
1056  atomic-search-interface#search-interface-search-bar atomic-search-box::part(clear-button) {
1057    overflow: visible;
1058    margin-right: 0;
1059    margin-top: 4px;
1060  }
1061  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-button):before {
1062    display: none;
1063  }
1064  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-icon) {
1065    color: #cccccc;
1066    width: 20px;
1067    height: 20px;
1068    stroke-width: 0px;
1069    display: inline-block;
1070  }
1071  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-icon):hover,
1072  atomic-search-interface#search-interface-search-bar atomic-search-box::part(clear-icon):hover {
1073    color: #0c77ba;
1074  }
1075  atomic-search-interface#search-interface-search-bar atomic-search-box::part(clear-icon){
1076    width: 24px;
1077    height: 24px;
1078    padding: 5px;
1079    color: #cccccc;
1080  }
1081  atomic-search-interface#search-interface-search-bar:before {
1082    content: '';
1083    position: absolute;
1084    right: 17px;
1085    top: -9px;
1086    width: 25px;
1087    height: 15px;
1088    border-bottom: solid 15px #ededed;
1089    border-left: solid 15px transparent;
1090    border-right: solid 15px transparent;
1091    display: none;
1092  }
1093  atomic-search-interface#search-interface-search-bar atomic-search-box {
1094    width: auto;
1095    max-width: none;
1096  }
1097
1098  atomic-search-interface#search-interface-search-bar atomic-search-box::part(wrapper) {
1099    border: 1px solid rgba(12, 12, 12, 0.3);
1100    border-radius: 24px;
1101    background: #fff;
1102    padding: 4px 10px;
1103    align-items: center;
1104  }
1105  atomic-search-interface#search-interface-search-bar atomic-search-box::part(wrapper):focus-within {
1106    box-shadow: unset;
1107  }
1108  atomic-search-interface#search-interface-search-bar atomic-search-box::part(input) {
1109    color: #121212;
1110    font-family: 'Source Sans Pro', sans-serif;
1111    font-weight: 400;
1112    font-size: 16px;
1113    display: block;
1114    width: 100%;
1115    overflow: hidden;
1116    text-overflow: ellipsis;
1117    white-space: nowrap;
1118    text-indent: 0;
1119    padding: 12px 14px;
1120    line-height: 24px;
1121  }
1122  atomic-search-interface#search-interface-search-bar atomic-search-box::part(input)::placeholder {
1123    color: #717171;
1124  }
1125  atomic-search-interface#search-interface-search-bar atomic-search-box::part(suggestion) {
1126    font-size: 16px;
1127    color: #121212;
1128    padding-top: 12px;
1129    padding-bottom: 12px;
1130  }
1131
1132  atomic-search-interface#search-interface-search-bar atomic-search-box::part(suggestions-wrapper){
1133    border: thin solid #7e8c9a;
1134    border-radius: 0;
1135    width: 97%;
1136    margin-left: 6px;
1137    margin-top: -10px;
1138  }
1139  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-button) {
1140    background: unset;
1141    margin-bottom: 2px;
1142    margin-right: 10px;
1143    overflow: visible;
1144    flex: 0 1 max-content;
1145  }
1146  atomic-search-interface#search-interface-search-bar atomic-search-box::part(clear-button) {
1147    overflow: visible;
1148    margin-right: 0;
1149    margin-top: 4px;
1150  }
1151  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-button):before {
1152    display: none;
1153  }
1154  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-icon) {
1155    color: #cccccc;
1156    width: 20px;
1157    height: 20px;
1158    stroke-width: 0px;
1159    display: inline-block;
1160  }
1161  atomic-search-interface#search-interface-search-bar atomic-search-box::part(submit-icon):hover,
1162  atomic-search-interface#search-interface-search-bar atomic-search-box::part(clear-icon):hover {
1163    color: #0c77ba;
1164  }
1165  atomic-search-interface#search-interface-search-bar atomic-search-box::part(clear-icon){
1166    width: 24px;
1167    height: 24px;
1168    padding: 5px;
1169    color: #cccccc;
1170  }
1171	.fm-search__form-block--header.is-open {
1172		transform: inherit;
1173		opacity: 1;
1174		display: block;
1175	}
1176	.fm-search__form-block--header {
1177		transform: translateY(-20px);
1178		transition: all 0.4s ease-in-out;
1179		opacity: 0;
1180		z-index: -1;
1181	}
1182	.fm-search__form-block--header.container {
1183		position: relative;
1184		padding: 0;
1185		max-width: 100%;
1186	}
1187  atomic-search-interface#search-interface-search-bar.consumer atomic-search-box::part(submit-icon):hover,
1188  atomic-search-interface#search-interface-search-bar.consumer atomic-search-box::part(clear-icon):hover {
1189	  color: #1c6fa3;
1190	}
1191  atomic-search-interface#search-interface-search-bar.guide atomic-search-box::part(clear-button) {
1192    margin-top: -8px;
1193    margin-right: 10px;
1194  }
1195</style>
1196
1197
1198
1199  </div>
1200
1201  </div>
1202
1203  </div>
1204
1205  
1206  
1207
1208  <main role="main">
1209    <a id="main-content" tabindex="-1"><span class="sr-only">Skip to main content</span></a>
1210          <div class="container">
1211         <div>
1212    <div id="block-corpjumplinkfixtemp">
1213  
1214    
1215      <div class="custom-javascript">
1216          <style>.custom-javascript {min-height: 0 !important;}
1217.social-bar--boxes .social-bar__button { pointer-events: auto; }
1218.social-bar--boxes .social-bar__button i { pointer-events: none; }
1219</style>
1220<script>
1221  jQuery(document).ready(function ($) {
1222    $('a[href^="#"]').on('click', e => {
1223      const $target = $(e.currentTarget).attr('href');
1224      window.location = $target;
1225    });
1226  });
1227</script>
1227
1228  </div>
1229</div>
1230
1231  </div>
1232
1233      </div>
1234    
1235    <div class="layout-content">
1236        <div>
1237    <div data-drupal-messages-fallback class="hidden"></div><div id="block-particle-corp-content">
1238  
1239    
1240        <link rel="stylesheet" media="all"
1241        href="/sites/corp/files/tax-css/2025-12/home-new.css">
1242<article>
1243
1244  
1245    
1246
1247  
1248  <div>
1249    
1250  
1251
1252  <div class="layout masthead-custom">
1253
1254    
1255
1256
1257  
1258
1259
1260
1261  
1262<section  id="hero-home"   class="fm-layout    fm-layout--full-width fm-layout--region-large     swoosh-none"  >
1263
1264    <div class="inner-container">
1265
1266  
1267  
1268  
1269      <div class=" ">
1270              <div  class="layout__region layout__region--main">
1271          <div class="inline-block-carousel">
1272  
1273    
1274      
1275            <div>
1276
1277<div class="component-space-lg">
1278  
1279    
1280  
1281
1282
1283
1284<div class="carousel__wrapper carousel__wrapper--hero " aria-label="Carousel" role="contentinfo">
1285  <div id="carousel-1779158227" class="carousel carousel--hero carousel--with-texture fm-carousel slide"
1286    data-slides-to-show="1"
1287    data-autoplay="0"
1288    data-speed="5000"
1289          data-fade="true"
1290      >
1291                                                                                                                                                                                                                                              <div class="fm-carousel-item carousel-item">
1292            
1293
1294
1295<div class="hero hero--landing hero--homepage" data-dot-color="dark_background">
1296	<div class="overlay"></div>
1297	<div class="hero__image object-fit-cover">
1298					<img src="https://fanniemae.widen.net/content/ptdj1skyf0/webp"  alt="Father and daughter playing airplane on couch" >
1299		  </div>
1300  <div class="hero__overlay hero__overlay--inner hero__overlay--inner-transparent"></div>
1301  <div class="hero__overlay hero__overlay--outer d-none"></div>
1302            <div class="hero__content-wrapper">
1303        <div class="container style-alternate">
1304          <div class="hero__content">
1305                          <span class="hero__accent"></span>
1306                        <h2 class="hero__title">Supporting a stronger housing market</h2>
1307            <div class="hero__description mb-2"><p>We are a foundational part of the housing finance system and are committed to ensuring market stability.</p></div>
1308                                                      
1309
1310
1311
1312
1313<a  class="btn--link btn-pill btn-transparent fm-btn mx-1 mb-3"   href="/about-us" >
1314        Learn more
1315      <i class="fa-solid fa-chevron-right  pl-3 pt-1" aria-hidden="true"></i>
1316   </a>
1317                                    </div>
1318        </div>
1319      </div>
1320      </div>
1321
1322          </div>
1323                                                </div>
1324      <div class="container carousel-indicators__wrapper">
1325      <div class="carousel-indicators fm-carousel-control carousel-indicators--inner"></div>
1326    </div>
1327    </div>
1328</div>
1329</div>
1330      
1331  </div>
1332
1333        </div>
1334          </div>
1335  
1336  
1337  
1338  
1339  
1340</section>
1341  </div>
1342
1343  
1344  <div class="layout">
1345
1346    
1347
1348
1349  
1350
1351
1352
1353  
1354<section  id="intro"   class="fm-layout    fm-layout--brick fm-layout--region-large     swoosh-none container"  >
1355
1356    <div class="inner-container">
1357
1358      <div class="fm-layout__row row
1359      
1360    ">
1361
1362  
1363      <div class="col-sm-12 col-banner
1364       ">
1365              <div  class="layout__region layout__region--banner">
1366          
1367<div class="component-space-lg">
1368  
1369    
1370  
1371
1372
1373<div class="basic-block px-0 py-0">
1374                
1375      <div>
1376              <div>
1377<div class="component-space-md">
1378  
1379            <div class="body-field"><h1>Fannie Mae</h1><h2 class="text-align-center">Powering America’s Housing</h2><h3 class="text-align-center subhead">We help make housing more accessible and affordable. ​</h3></div>
1380      
1381</div>
1382</div>
1383          </div>
1384  
1385    </div>
1386</div>
1387
1388        </div>
1389          </div>
1390  
1391  
1392      <div class="col-xs-12 col-sm-6 ">
1393              <div  class="layout__region layout__region--main">
1394          <div>
1395  
1396    
1397      
1398            <div>
1399
1400<div class="component-space-lg corp-paragraph--image">
1401  
1402<div class="custom-image align-center custom-image--full">
1403	
1404	<div class="custom-image__image-wrapper object-fit-cover">
1405		<img class="custom-image__image" src="https://fanniemae.widen.net/content/bhv2lvb6pa/webp"  alt="Cropped view of MTC courtyard" >
1406	</div>
1407
1408
1409	</div>
1410</div>
1411</div>
1412      
1413  </div>
1414
1415        </div>
1416          </div>
1417  
1418  
1419      <div class="col-xs-12 col-sm-6 fm-layout__col-aside">
1420              <div  class="layout__region layout__region--mid">
1421          
1422<div class="component-space-lg">
1423  
1424    
1425  
1426
1427
1428<div class="basic-block px-0 py-0">
1429                
1430      <div>
1431              <div>
1432<div class="component-space-md">
1433  
1434            <div class="body-field"><div class="txt-fix"><p>Fannie Mae purchases mortgages from lenders and bundles them into mortgage-backed securities (MBS) that we sell to investors to promote a healthy housing market.</p><p><a class="fm-btn button-white" href="/about-us" data-entity-type="node" data-entity-uuid="2060ab7c-ddca-4d24-808c-4de7b9f06271" data-entity-substitution="canonical" title="About Us">Learn how&nbsp;<em><i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></em></a></p></div></div>
1435      
1436</div>
1437</div>
1438          </div>
1439  
1440    </div>
1441</div>
1442
1443        </div>
1444          </div>
1445  
1446  
1447      </div>
1448  
1449</section>
1450  </div>
1451
1452  
1453
1454  <div class="layout masthead-custom">
1455
1456    
1457
1458
1459  
1460
1461
1462
1463  
1464<section   class="fm-layout    fm-layout--main fm-layout--region-large     swoosh-none container"  >
1465
1466    <div class="inner-container">
1467
1468      <div class="fm-layout__row row
1469      
1470    ">
1471
1472  
1473  
1474  
1475      <div class="col-xs-12 col-sm-12 col-lg-12 ">
1476              <div  class="layout__region layout__region--main">
1477          
1478<div class="component-space-lg">
1479  
1480    
1481  
1482
1483
1484<div class="basic-block px-0 py-0">
1485                
1486      <div>
1487              <div>
1488<div class="component-space-md">
1489  
1490            <div class="body-field"><div id="three-col-numbers"><div><h3>$241 billion</h3><p>in funding to support the U.S. housing market in the first half of 2026</p></div><div><h3>~802,000</h3><p>households helped in buying, refinancing, or renting a home in the first half of 2026</p></div><div><h3>$4.1 trillion</h3><p>guaranty book of business as of June 30, 2026</p></div></div></div>
1491      
1492</div>
1493</div>
1494          </div>
1495  
1496    </div>
1497</div>
1498
1499        </div>
1500          </div>
1501  
1502  
1503  
1504  
1505      </div>
1506  
1507</section>
1508  </div>
1509
1510  
1511
1512  <div class="layout masthead-custom">
1513
1514    
1515
1516
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1544            <div class="body-field"><h2 class="text-align-center heading-accent color--dark-blue">Serving the housing finance market</h2></div>
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vendor: 1 bytes, line 1616
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1717
1718<div id="hp-step">
1719  <div id="tab-link-row">
1720    <ul>
1721      <li id="tab-a-one" class="active"><span class="tab-icon">
1722        <svg id="Layer_2" data-name="Layer 2" viewBox="0 0 79.4 72.41" role="img">
1723			 <title>Single-Family Business</title>
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1737        </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Single-Family<br>Business</span></li>
1738      <li id="tab-a-two" class="not-active"><span class="tab-icon">
1739        <svg id="Layer_3" data-name="Layer 3" viewBox="0 0 79.4 74.25" role="img">
1740			<title>Multifamily Business</title>
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1772        </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Multifamily<br>Business</span></li>
1773      <li id="tab-a-three" class="not-active"><span class="tab-icon">
1774        <svg id="Layer_1" data-name="Layer 1" viewBox="0 0 71.73 65.84" role="img">
1775			<title>Capital Markets</title>
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1787        </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Capital<br>Markets</span></li>
1788      <li id="tab-a-four" class="not-active"><span class="tab-icon">
1789        <svg id="Layer_4" data-name="Layer 4" viewBox="0 0 89.27 74.25" role="img">
1790			<title>Homebuyers, Owners, &amp; Renters</title>
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1803        </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Homebuyers, Owners, &amp; Renters</span></li>
1804    </ul>
1805  </div>
1806  <div id="hp-grey-bg">
1807    <div id="tab-one">
1808      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-single-family.jpg" alt="A row of houses with a lawn
1809"></p>
1810      <h3 class="color--dark-blue">Single-Family Business</h3>
1811      <p>
1811Provides liquidity to the home purchase market primarily by acquiring loans from lenders and overseeing the loans’ servicing.</p>
1812      <p><a class="button-white fm-btn" href="https://singlefamily.fanniemae.com/" tabindex="-1" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Visit Single-Family <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1813    </div>
1814    <div id="tab-two" style="display: none;">
1815      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-multifamily.jpg" alt="A row of multi-story buildings"></p>
1816      <h3 class="color--dark-blue">Multifamily Business</h3>
1817      <p>Delivers liquidity to the rental housing market through our national network of Delegated Underwriting and Servicing (DUS<sup><sup>©</sup></sup>) lender partners.</p>
1818      <p><a class="button-white fm-btn" href="https://multifamily.fanniemae.com/" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Visit Multifamily <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1819    </div>
1820    <div id="tab-three" style="display: none;">
1821      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-capital-markets.jpg" alt="A person using a computer"></p>
1822      <h3 class="color--dark-blue">Capital Markets</h3>
1823      <p>Offers investors high-quality assets with attractive yields to fit various portfolio needs or investment strategies.</p>
1824      <p><a class="button-white fm-btn" href="https://capitalmarkets.fanniemae.com/" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Visit Capital Markets <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1825    </div>
1826    <div id="tab-four" style="display: none;">
1827      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-homeowner-homebuyer.jpg" alt="Two people looking at a phone"></p>
1828      <h3 class="color--dark-blue">Homebuyers, Owners, &amp; Renters</h3>
1829      <p>We offer support through housing education, information, and tools including disaster relief resources.</p>
1830      <p><a class="button-white fm-btn" href="http://yourhome.fanniemae.com" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Learn more <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1831    </div>
1832  </div>
1833</div>
1834<div id="hp-step-mobile">
1835  <div id="tab-link-row-mobile">
1836    <div id="tab-a-one-m" class="active"><span class="tab-icon">
1837      <svg id="Layer_2m" data-name="Layer 2" viewBox="0 0 79.4 72.41" role="img">
1838		  <title>Single-Family Business</title>
1839        <path class="cls-1" d="m64.86,47.37c.57-3.77,3.82-6.65,7.75-6.65,2.16,0,4.12.88,5.54,2.3" />
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1852      </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Single-Family Business</span> <i class="fa fa-chevron-down"></i></div>
1853    <div id="tab-one-m">
1854      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-single-family.jpg" alt="A row of houses with a lawn
1855"></p>
1856      <h3 class="color--dark-blue">Single-Family Business</h3>
1857      <p>Provides liquidity to the home purchase market primarily by acquiring loans from lenders and overseeing the loans’ servicing.</p>
1858      <p><a class="button-white fm-btn" href="https://singlefamily.fanniemae.com/" tabindex="-1" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Visit Single-Family <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1859    </div>
1860    <div id="tab-a-two-m" class="not-active"><span class="tab-icon">
1861      <svg id="Layer_3m" data-name="Layer 3" viewBox="0 0 79.4 74.25" role="img">
1862		  <title>Multifamily Business</title>
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1893      </svg>
1894      </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Multifamily Business</span> <i class="fa fa-chevron-down"></i></div>
1895    <div id="tab-two-m" style="display: none;">
1896      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-multifamily.jpg" alt="A row of multi-story buildings"></p>
1897      <h3 class="color--dark-blue">Multifamily Business</h3>
1898      <p>Delivers liquidity to the rental housing market through our national network of Delegated Underwriting and Servicing (DUS<sup><sup>©</sup></sup>) lender partners.</p>
1899      <p><a class="button-white fm-btn" href="https://multifamily.fanniemae.com/" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Visit Multifamily <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1900    </div>
1901    <div id="tab-a-three-m" class="not-active"><span class="tab-icon">
1902      <svg id="Layer_1m" data-name="Layer 1" viewBox="0 0 71.73 65.84" role="img">
1903		  <title>Capital Markets</title>
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1914      </svg>
1915      </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Capital Markets</span> <i class="fa fa-chevron-down"></i></div>
1916    <div id="tab-three-m" style="display: none;">
1917      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-capital-markets.jpg" alt="A person using a computer"></p>
1918      <h3 class="color--dark-blue">Capital Markets</h3>
1919      <p>Offers investors high-quality assets with attractive yields to fit various portfolio needs or investment strategies.</p>
1920      <p><a class="button-white fm-btn" href="https://capitalmarkets.fanniemae.com/" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Visit Capital Markets <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1921    </div>
1922    <div id="tab-a-four-m" class="not-active"><span class="tab-icon">
1923      <svg id="Layer_4m" data-name="Layer 4" viewBox="0 0 89.27 74.25" role="img">
1924		  <title>Homebuyers, Owners, &amp; Renters</title>
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1937      </span><span class="tab-title mt-3 d-block text-center font-weight-bold ">Homebuyers, Owners, &amp; Renters</span> <i class="fa fa-chevron-down"></i></div>
1938    <div id="tab-four-m" style="display: none;">
1939      <p><img class="img-right stepper-img" src="/sites/corp/files/2025-03/hp-new-carousel-homeowner-homebuyer.jpg" alt="Two people looking at a phone"></p>
1940      <h3 class="color--dark-blue">Homebuyers, Owners, &amp; Renters</h3>
1941      <p>We offer support through housing education, information, and tools including disaster relief resources.</p>
1942      <p><a class="button-white fm-btn" href="http://yourhome.fanniemae.com" data-default-color="rgb(12, 119, 186)" data-default-bgcolor="rgb(255, 255, 255)">Learn more <i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></a></p>
1943    </div>
1944  </div>
1945</div>
1946</div>
1947      
1948</div>
1949</div>
1950          </div>
1951  
1952    </div>
1953</div>
1954
1955        </div>
1956          </div>
1957  
1958  
1959  
1960  
1961  
1962</section>
1963  </div>
1964
1965  
1966
1967  <div class="layout masthead-custom">
1968
1969    
1970
1971
1972  
1973
1974
1975
1976  
1977<section  id="innovating"   class="fm-layout section-padding color-trigger--gray   fm-layout--full-width fm-layout--region-large limit_to_main_content    swoosh-none"  >
1978
1979    <div class="inner-container">
1980
1981  
1982  
1983  
1984      <div class=" ">
1985              <div  class="layout__region layout__region--main">
1986          
1987<div class="component-space-lg">
1988  
1989    
1990  
1991
1992
1993<div class="basic-block px-0 py-0">
1994                
1995      <div>
1996              <div>
1997<div class="component-space-md">
1998  
1999            <div class="body-field"><h2 class="text-align-center heading-accent color--dark-blue">Innovating to propel the industry forward</h2></div>
2000      
2001</div>
2002</div>
2003          </div>
2004  
2005    </div>
2006</div>
2007
2008
2009
2010
2011<div class="light_background component-space-lg carousel--cta">
2012  
2013    
2014  
2015
2016
2017<div class="card-grid-carousel">
2018      <div class="card-grid-carousel__carousel-container">
2019      <div class="card-grid-carousel__wrapper">
2020        <div id="carousel-1514705770" class="card-grid-carousel__carousel slide"
2021           data-slides-to-show="2"
2022                  >
2023                      <div class="card-grid-carousel-item carousel-item">
2024        
2025
2026<div>
2027  
2028<div class="highlight-card color-trigger--magenta">
2029    <div class="highlight-card__content">
2030          
2031            <div class="body-field"><article>
2032  
2033      
2034            <div><img src="https://fanniemae.widen.net/content/13234648-038e-49d9-853e-7a8559fb5e61/web/CORP-ItalianateStyleHomesCity-1600x800.jpg?w=1500&amp;itok=c08Q6xlf" width="1500" height="1500" alt="Row of apartments in the city" loading="lazy">
2035
2036</div>
2037      
2038  </article>
2039<h3 class="color--dark-blue">Near-Stabilization Execution</h3><p>Loan financing supporting the construction or renovation of multifamily properties nationwide.</p><p><a class="button-white fm-btn" href="https://multifamily.fanniemae.com/financing-options/products/near-stabilization-execution">Learn more&nbsp;<em><i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></em></a></p></div>
2040      
2041      </div>
2042</div>
2043</div>
2044
2045      </div>
2046            <div class="card-grid-carousel-item carousel-item">
2047        
2048
2049<div>
2050  
2051<div class="highlight-card color-trigger--teal">
2052    <div class="highlight-card__content">
2053          
2054            <div class="body-field"><article>
2055  
2056      
2057            <div><img src="https://fanniemae.widen.net/content/78d1f8ce-9cf2-4438-b5c2-2ff98c7b47a6/web/CORP-HandRingPenCalculator-1600x800.jpg?w=1500&amp;itok=3ZyeItF5" width="1500" height="1500" alt="Woman's hand using calculator holding pen" loading="lazy">
2058
2059</div>
2060      
2061  </article>
2062<h3 class="color--dark-blue">Income Calculator</h3><p>Lenders can easily calculate borrower self-employment, business ownership, or rental property income.</p><p><a class="button-white fm-btn" href="https://singlefamily.fanniemae.com/applications-technology/income-calculator">Calculate now&nbsp;<em><i class="fa fa-chevron-right pl-2 pt-1">&nbsp;</i></em></a></p></div>
2063      
2064      </div>
2065</div>
2066</div>
2067
2068      </div>
2069                  </div>
2070                  <div class="container card-grid-carousel-indicators__wrapper pt-4">
2071            <div class="card-grid-carousel-indicators fm-carousel-control"></div>
2072          </div>
2073              </div>
2074    </div>
2075  </div>
2076</div>
2077
2078        </div>
2079          </div>
2080  
2081  
2082  
2083  
2084  
2085</section>
2086  </div>
2087
2088  </div>
2089
2090</article>
2091
2092  </div>
2093
2094<div id="block-footernew" class="component-space-lg">
2095  
2096    
2097  
2098
2099
2100<div class="basic-block px-0 py-0">
2101                
2102      <div>
2103              <div>
2104<div class="component-space-md">
2105  
2106            <div class="body-field"><style type="text/css">
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2207@media (max-width: 999px) {
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2209    padding: 40px 20px;
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2250
2251@media(max-width: 520px) {
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2260
2261@media (max-width: 390px) {
2262.fm-footer__menu-social svg {
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2291    margin-left: 6px !important;
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2294</style>
2295
2296<div id="footer-mega">
2297  <div class="foot-wrap">
2298    <div class="col-one"> <a href="/about-us">
2299      <h5>Our Company</h5>
2300      </a>
2301      <ul>
2302        <li><a href="/about-us">About Us</a></li>
2303        <li><a href="/about-us/contact-us">Contact Us</a></li>
2304        <li><a href="/careers">Careers</a></li>
2305        <li><a href="/about-us/investor-relations">Investor Relations</a></li>
2306        <li><a href="/newsroom">Newsroom</a></li>
2307        <li><a href="/data-and-insights">Data and Insights</a></li>
2308        <li><a href="/about-us/corp-responsibility">Corporate Responsibility</a></li>
2309        <li><a href="/suppliers">Suppliers</a></li>
2310        <li><a href="https://developer.fanniemae.com/#/home">Developer Portal</a></li>
2311      </ul>
2312    </div>
2313    <div class="col-two"> <a href="https://singlefamily.fanniemae.com/">
2314      <h5>Single-Family Business</h5>
2315      </a>
2316      <ul>
2317        <li><a href="https://singlefamily.fanniemae.com/applications-technology/applications-technology">Applications &amp; Technology</a></li>
2318        <li><a href="https://singlefamily.fanniemae.com/originating-underwriting/mortgage-products">Mortgage Products</a></li>
2319        <li><a href="https://selling-guide.fanniemae.com/">Selling Guide</a></li>
2320        <li><a href="https://servicing-guide.fanniemae.com/">Servicing Guide</a></li>
2321        <li><a href="https://singlefamily.fanniemae.com/applications-technology/ask-poli">Ask Poli<sup>®</sup></a></li>
2322        <li><a href="https://singlefamily.fanniemae.com/learning-center">Learning Center</a></li>
2323        <li><a href="https://singlefamily.fanniemae.com/applications-technology/fannie-mae-connect">Fannie Mae Connect</a></li>
2324        <li><a href="https://singlefamily.fanniemae.com/applications-technology/technology-manager">Technology Manager</a></li>
2325        <li><a href="https://homepath.fanniemae.com/">Homepath - Search for Homes</a></li>
2326      </ul>
2327    </div>
2328    <div class="col-three"> <a href="https://multifamily.fanniemae.com/">
2329      <h5>Multifamily Business</h5>
2330      </a>
2331      <ul>
2332        <li><a href="https://multifamily.fanniemae.com/applications-technology">Applications &amp; Technology</a></li>
2333        <li><a href="https://multifamily.fanniemae.com/financing-options/products">Multifamily Products</a></li>
2334        <li><a href="https://multifamily.fanniemae.com/financing-options/specialty-financing">Specialty Financing</a></li>
2335        <li><a href="https://multifamily.fanniemae.com/applications-technology/dus-gateway">DUS Gateway<sup>®</sup></a></li>
2336        <li><a href="https://multifamily.fanniemae.com/doing-business-us/loan-documents">Loan Documents</a></li>
2337        <li><a href="https://mfguide.fanniemae.com/">Multifamily Selling and Servicing Guide Forms</a></li>
2338        <li><a href="https://multifamily.fanniemae.com/learning-center/learning-library/additional-resources">Multifamily Affordability Estimator</a></li>
2339        <li><a href="https://multifamily.fanniemae.com/doing-business-us/financial-information">Financial Information</a></li>
2340        <li><a href="https://multifamily.fanniemae.com/learning-center">Learning Center</a></li>
2341      </ul>
2342    </div>
2343    <div class="col-four"> <a href="https://capitalmarkets.fanniemae.com/">
2344      <h5>Capital Markets</h5>
2345      </a>
2346      <ul>
2347        <li><a href="https://capitalmarkets.fanniemae.com/news-commentaries">News &amp; Commentaries</a></li>
2348        <li><a href="https://capitalmarkets.fanniemae.com/mortgage-backed-securities">Mortgage-Backed Securities</a></li>
2349        <li><a href="https://capitalmarkets.fanniemae.com/mortgage-backed-securities/structured-transactions-products">Structured Transactions</a></li>
2350        <li><a href="https://capitalmarkets.fanniemae.com/credit-risk-transfer">Credit Risk Transfer</a></li>
2351        <li><a href="https://capitalmarkets.fanniemae.com/debt-securities">Debt Securities</a></li>
2352        <li><a href="https://capitalmarkets.fanniemae.com/tools-applications">Tools &amp; Applications</a></li>
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