Fannie Mae, one of the country’s largest government-sponsored enterprises, has created more internal regulatory controls by restructuring the format of its monthly summary reports while also changing its internal platform for charitable giving.
The agency announced a new format for its monthly summary report on Monday, which will enchance the “readability of the summary” and add “additional disclosures to aid investors.” The new format also includes a detailed glossary designed to aid investors, so they can more easily define terms and calculation methodologies that are cited in the report.

“Our goals in updating this document are to make the Monthly Summary easier to read and to present business data in a way that aligns with how management tracks our businesses,” said executive vice president and chief financial officer of Robert Blakely. “We’re also responding to investor interest in having additional disclosures related to MBS and other guarantees, portfolio commitments, mortgage portfolio composition, liquid investments and debt activity,” he added.
In the midst of the recent changes, Fannie Mae also announced it would close its Fannie Mae foundation, which supports the company’s philanthropic initiatives, and create a new Office of Community and Charitable Giving. In a press release, the GSE says the new office will continue to build on the corporation’s philanthropic and housing and community development work.
“This effort is part of the overall reevaluation and restructuring the company is undertaking, and embraces our core principles of service, reliability, and value,” said Daniel Mudd, president and chief executive officer of Fannie Mae. “By integrating our philanthropy with community investment strategies and focusing resources, people and infrastructure, we will better serve our mission, make more of an impact on a broader scale, and more fully engage our employees in a culture of service.”