Franklin D. Raines, chairman and chief executive of Fannie Mae, received $17.1 million of compensation last year, a 46 percent jump from the year before.
Most of Raines's compensation $11.6 million, was a long-term incentive payout based on factors such as the company's performance in increasing access to affordable housing and its management of financial risks.
Raines also received 135,020 stock options, which the company estimated were worth $3 million when granted.