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Fannie Mae Suppliers - HERA

Inclusion and Diversity

In 2008, Congress passed the Housing and Economic Recovery Act (HERA). In part, HERA is aimed at ensuring, to the maximum extent possible in balance with financially safe and sound business practices, the inclusion and utilization of minorities, women, and individuals with disabilities as suppliers to entities like Fannie Mae. HERA has allowed Fannie Mae to expand our diversity outreach efforts to minority individuals, women, and individuals with disabilities, as well as to a broader group of minority-, women- and disabled-owned businesses.

In reviewing and evaluating supplier responses to Requests for Proposals, Fannie Mae will seek the most qualified bidders considering, among other things, the diversity of the bidders as a component in the process.

Fannie Mae continues to maintain our commitment to small business; 8(a) businesses; veteran- or disabled-owned businesses; Gay, Lesbian, Bisexual and Transgender (GLBT) businesses; as well as HUBZone businesses and Historically Black Colleges and Universities and Minority Institutions.

Fannie Mae is a member of several business councils that address diverse supplier business concerns, and we participate in and sponsor numerous business opportunity fairs and conferences across the country.

Discrimination in Contracting Opportunity

Fannie Mae is committed to equal contracting opportunity for interested suppliers, in its contracting with financial institutions, investment banking firms, investment consultants or advisors, financial services entities, mortgage banking firms, asset management entities, underwriters, accountants, brokers, broker-dealers, and providers of legal services, among others.

No Reprisal or Retaliation

Fannie Mae prohibits reprisal or retaliation against any individual who reports or files a complaint relating to discrimination in the contracting process, or who participates in or cooperates with an investigation into such allegation(s). If you believe that a violation of this Equal Contracting Opportunity statement has occurred, or if someone has reported a violation to you, you should promptly notify the Supplier Diversity team by:

Sending an email to [email protected] with the following information:

  • Complainant’s name and company
  • Complainant’s email address
  • Complainant’s phone number
  • Bidding Identification Number (RFx, if applicable)
  • Name of supplier in question and type of business
  • Reason for complaint
  • Brief description of complaint
  • Any supporting documentation

If you wish to remain anonymous, you may submit your complaint via the Compliance & Ethics 1-888-FM-ETHICS phone line.

All complaints will be reviewed and investigated. Upon completion of the investigation, a response will be provided.