CRT-Eligible Profile Summary

Our Credit Risk Management Approach ☐ Lender quality Lenders undergo a rigorous approval process prior to doing business with Fannie Mae and must meet ongoing net worth and business operational requirements. Lenders are subject to ongoing oversight through comprehensive operational reviews to assess the effectiveness of their quality control procedures. ☐ Loan quality Loans must be underwritten in accordance with Fannie Mae guidelines. 96% (1) of loans that we acquire are evaluated through Desktop Underwriter (DU), the industry's most widely used automated underwriting system. ■ 100% of Fannie Mae's single family and condominium appraisals are assessed through Collateral Underwriter® (CU), our proprietary appraisal risk assessment tool. Servicing quality Fannie Mae sets loan servicing standards, acts as Master Servicer, and provides oversight of loan servicers. ■ We set standards for loss mitigation and borrower workout options. Our proprietary servicing tool, Servicing Management Default UnderwriterTM (SMDUTM), automates our servicing policies. Property management We manage all property management and disposition in-house, managing one of the industry's largest real-estate owned portfolios - dispositioning over 1.8 million homes since 2009. ■ Our strategy is to sell non- distressed homes to owner- occupants, helping to maximize sales proceeds, stabilize neighborhoods, and preserve the value of our guaranty book. 1. Approximate loan deliveries in 2022 through DU Click to learn more about our approach to Credit Risk Management 9 © 2024 Fannie Mae

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