Federal National Mortgage Association

Earnings data Q4 2019

Earnings data Q1 2020

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Federal National Mortgage Association is a government-sponsored company, which engages in the provision of liquidity for purchases of homes and financing of multifamily rental housing and refinancing existing mortgages. It operates through the Single-Family and Multifamily segments. The Single-Family segment offers liquidity to the mortgage market and increases the availability and affordability of housing for single families. The Multifamily segment includes guaranty fees on mortgages and on multifamily mortgage loans. The company was founded in 1938 and is headquartered in Washington, DC.

WASHINGTON , April 26, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) March 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Fannie Mae Releases March 2023 Monthly Summary

Company to Host Conference Call WASHINGTON , April 25, 2023 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today announced plans to report its first quarter 2023 financial results on Tuesday morning, May 2, 2023, before the opening of U.S. financial markets. Fannie Mae has scheduled a conference call to discuss the company's results at 8:00 a.m.

Fannie Mae Announces Scheduled Release of First Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to 62 classes from Connecticut Avenue Securities, Series 2023-R03 (CAS 2023-R03), a credit risk sharing transaction with a total note offering of $621,771,000. The pool is characterized by loans with original loan-to-value (LTV) ratios that are greater than 80% and less than or equal to 97%. The Reference Pool consists of 112,666 residential mortgage loans with an outstanding principal balance of approximately $38.0 billion as of the c.

KBRA Assigns Preliminary Ratings to Fannie Mae's CAS 2023-R03

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE-STC) today announced that Stewart Valuation Intelligence, LLC (SVI) has been approved to support Fannie Mae's new Value Acceptance + Property Data through VALIDITY, the company's family of inspection applications, optimized for IOS and Android. “Fannie Mae is rebranding what was formerly Appraisal Waiver to Value Acceptance as part of Valuation Modernization,” said Aaron Fowler, President of Stewart Valuation Intelligence.

Stewart Valuation Intelligence, LLC is Approved to Support Fannie Mae's New Valuation Modernization Process

Mortgage Demand and Home Prices Prove Resilient; Sales Expected to Decline Further WASHINGTON , April 21, 2023 /PRNewswire/ -- Due primarily to an upward revision in recent consumer spending data, Fannie Mae's (OTCQB: FNMA) Economic and Strategic Research (ESR) Group now forecasts stronger first quarter GDP growth but maintains its belief that economic momentum is running out of steam, according to the ESR Group's latest monthly commentary. While the acute panic following the bank failures in March appears to have subsided, importantly, the banking turmoil occurred during an already-tightening credit cycle, and the ESR Group believes the additional, incremental tightening in credit conditions owing to the financial fallout will contribute to a modest recession beginning in the second half of 2023.

Economy Resumes Gradual Slowdown Following Bank Turmoil

WASHINGTON, April 18, 2023 /PRNewswire/ -- Single-family home prices increased at a non-seasonally adjusted annual rate of 4.7 percent from Q1 2022 to Q1 2023, down from the previous quarter's revised annual growth rate of 8.6 percent, according to Fannie Mae's (OTCQB: FNMA) latest Home Price Index (FNM-HPI) reading, a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. On a quarterly basis, home prices rose a seasonally adjusted 1.0 percent in Q1 2023, above the 0.0 percent growth seen in the prior quarter. On a non-seasonally adjusted basis, home prices also increased by 1.0 percent in Q1 2023.

Home Prices Grew 4.7 Percent Year over Year in First Quarter

Federal Home Loan Mortgage Corporation

Mark Calabria published the book Shelter From The Storm, which has some insights that investors can use to shelter from the storm of a restructuring of the GSE balance sheets. Calabria believes the single most important action he could have taken during his tenure as FHFA director was to end the profit sweep, which he formalized in September 2019.

Fannie And Freddie's Conservatorship Exit Depends On Treasury's Call

Elevated Mortgage Rates Continue to Weigh on Existing Homeowners' Sense of Homebuying Conditions WASHINGTON , April 7, 2023 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 3.3 points in March to 61.3, but it remains only slightly above its all-time low set late last year. Overall, four of the HPSI's six components increased month over month, most notably those associated with home-selling conditions and consumers' sense of job security.

Consumer Confidence in Housing Market Remains Near Historic Lows

Innovations build on multi-year effort to drive equity in the housing industry WASHINGTON , April 5, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today released its annual update to the 2022-2024 Equitable Housing Finance Plan. This plan is focused on knocking down barriers faced by underserved communities and further driving our mission of facilitating equitable and sustainable access to homeownership and quality affordable rental housing across America in a safe and sound manner.

Fannie Mae Expands Equitable Housing Finance Plan

Fannie Mae Recognized for Driving Adoption of Energy-Efficient Advancements in Housing WASHINGTON , April 3, 2023 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today announced that it has received the 2023 ENERGY STAR® Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. This is the ninth consecutive year for Fannie Mae's Multifamily business and the third such recognition for the company's Single-Family business to be acknowledged for our outstanding contributions to increasing adoption of energy-efficiency improvements in housing.

Fannie Mae Earns 2023 ENERGY STAR Award for Driving Positive Impact in Green Financing

WASHINGTON , March 27, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  February 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Fannie Mae Releases February 2023 Monthly Summary

WASHINGTON , March 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed two Credit Insurance Risk Transfer™ (CIRT™) transactions. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-2 and CIRT 2023-3 transferred a combined $926 million of mortgage credit risk to private insurers and reinsurers.

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $31.8 Billion of Single-Family Loans

The mortgage industry is now trying to factor climate risk into its residential underwriting, but the task is enormous and complicated.

Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years

WASHINGTON , March 15, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that Michael Seelig has been appointed to the Board of Directors and will serve on the Audit Committee. Mr. Seelig joins a diverse and accomplished Board that will help Fannie Mae fulfill its mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America.

Fannie Mae Names Former PricewaterhouseCoopers Partner and Financial Services Veteran Michael Seelig to the Board of Directors

CLEVELAND--(BUSINESS WIRE)--AppraisalWorks™, the leading property valuation and valuation management technology provider, today announced the platform provides turnkey support for Fannie Mae's Value Acceptance + Property Data framework.

AppraisalWorks Delivers Valuation Modernization Solutions Backing Fannie Mae Value Acceptance + Property Data Initiative

Both Homebuyers and Home-Sellers Express Caution About Current Market Conditions WASHINGTON , March 7, 2023 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 3.6 points in February to 58.0, breaking a streak of three consecutive monthly increases and returning the index closer to its all-time survey low set in October 2022. Overall, four of the HPSI's six components decreased month over month, most notably those associated with job security and home-selling conditions.

Housing Sentiment Returns to Near-Survey Low Amid Affordability Constraints and Job Security Concerns

Survey will collect energy and water cost and consumption data to update the 1-100 ENERGY STAR® Score and EPA's Water Score for Multifamily Housing WASHINGTON , March 1, 2023 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today announced that it has launched the 2023 Multifamily Energy and Water Survey, a national effort to collect and analyze whole property energy and water consumption and costs from 2022, together with property-specific characteristics, for a wide range of multifamily properties. The U.S. Environmental Protection Agency (EPA) will use the anonymized data to update the 1-100 ENERGY STAR Score and EPA's Water Score for Multifamily Housing, which provide transparency into how a multifamily building's energy or water consumption compares to similar multifamily buildings in the United States.

Fannie Mae Partners with Multifamily Industry to Launch 2023 Multifamily Energy and Water Survey

WASHINGTON , March 1, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its first Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-1 transferred $407.5 million of mortgage credit risk to private insurers and reinsurers.

Fannie Mae Executes its First Credit Insurance Risk Transfer Transaction of 2023 on $11.8 Billion of Single-Family Loans

WASHINGTON , Feb. 27, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  January 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Fannie Mae Releases January 2023 Monthly Summary

2022 STAR Program Recognizes Servicers for Industry Knowledge, Excellence WASHINGTON , Feb. 16, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the 2022 Servicer Total Achievement and Rewards™ (STAR™) Program results, recognizing 22 mortgage servicers for competency, capacity, and overall performance. For more than a decade, Fannie Mae's STAR Program has identified high-performing mortgage servicers that align with Fannie Mae's business goals and demonstrate leading practices across the mortgage service industry.

Fannie Mae Honors 22 High-Performing Mortgage Servicers

Federal National Mortgage Association (OTCQB:FNMA) Q4 2022 Results Conference Call February 14, 2023 8:00 AM ET Company Participants Pete Bakel - Director, External Communications Priscilla Almodovar - CEO Chryssa Halley - Chief Financial Officer Operator Good day, and welcome to the Fannie Mae Fourth Quarter and Full Year 2022 Financial Results Conference Call. At this time, I will now turn it over to your host, Pete Bakel, Fannie Mae's Director of External Communications.

Federal National Mortgage Association (FNMA) Q4 2022 Earnings Call Transcript

WASHINGTON , Feb. 14, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its fourth quarter and full-year 2022 financial results and filed its 2022 Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the year ended December 31, 2022.

Fannie Mae Reports Net Income of $12.9 Billion for 2022 and $1.4 Billion for Fourth Quarter 2022

SCOTUS has already decided on some GSE-related issues but has remanded other issues to the 5th Circuit. Given similar fact situations, they may decide to follow the precedent they set in CFSA v. CFPB. This potential pathway to Fannie & Freddie breaking free of the net worth sweep seems perfectly attuned to the partisan and contentious political environment we live in today.

We Live In Interesting Times: Fannie And Freddie, The SCOTUS Remand, And The 5th Circuit

Company to Host Conference Call WASHINGTON , Feb. 8, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its fourth quarter and full-year 2022 financial results on Tuesday morning, February 14, 2023, before the opening of U.S. financial markets. Fannie Mae has scheduled a conference call to discuss the company's results at 8:00 a.m.

Fannie Mae Announces Scheduled Release of Fourth Quarter and Full-Year 2022 Financial Results

WASHINGTON , Feb. 7, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R02, an approximately $709 million note offering that represents Fannie Mae's second CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

News for Federal National Mortgage Association Stock (FNMA)