Fannie Mae's Timothy Howard on risk management

Fannie Mae has been able to deliver double-digit growth in operating EPS, year after year, through all types of economic and financial market environments for the last 15 years.

The reason is simple: At Fannie Mae, we are risk managers, not passive risk takers.

Fannie Mae has been called "a new global model" for financial institution safety, soundness, transparency, and market discipline.

~ Timothy Howard, executive VP and CFO, Fannie Mae, "Fannie Mae 2001 Annual Report"