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 , Jan. 12, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R01, an approximately $731 million note offering that represents Fannie Mae's first 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.

Fannie Mae Prices $731 Million Connecticut Avenue Securities (CAS) REMIC Deal

HPSI Inched Upward in December but Remains Well Below Pre-Pandemic Highs WASHINGTON , January 9, 2023 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 3.7 points in December to 61.0, but the index remains only slightly above its all-time low set in October. Three of the index's six components improved month over month, including those associated with homebuying conditions, mortgage rate outlook, and job security.

Easing Mortgage Rates and Home Prices Provide Slight Boost to Homebuyer Sentiment

WASHINGTON , Dec. 28, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  November 2022 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 November 2022 Monthly Summary

WASHINGTON , Dec. 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the replacement indices for the legacy LIBOR loans and securities for which Fannie Mae is responsible for selecting the replacement index. The replacement indices, outlined below, are the benchmark replacements recommended by the Federal Reserve Board and are based on the Secured Overnight Financing Rate (SOFR).

Fannie Mae Announces Replacement Rates for Legacy LIBOR Products

Following Significant Decline in 2022, Housing and Mortgage Markets Not Expected to Meaningfully Recover Until 2024 WASHINGTON , Dec. 19, 2022 /PRNewswire/ -- Following an upward revision to third quarter 2022 real gross domestic product (GDP) and stronger-than-expected incoming personal consumption data to begin the fourth quarter, the economy is now expected to eke out positive growth of 0.4 percent in 2022 before entering a modest recession in the new year, according to the December 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group views the current rate of personal consumption growth as unsustainable given the combination of a low personal saving rate and an elevated ratio of consumer debt to personal disposable income.

Economy Expected to End 2022 on Positive Note Ahead of Modest Recession in New Year

Fannie Mae trades at just a fraction of its net income due to its unique conservatorship status. Yet, it has long ago settled its debts with Uncle Sam and has been giving clarification around capital requirements for it to fully reprivatize.

Fannie Mae: Solid Value In Case Of Eventual Reprivatization

Fannie Mae Completes CAS Issuance for 2022 WASHINGTON , Dec. 7, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today its 2023 Connecticut Avenue Securities® (CAS) Issuance Calendar as part of its efforts to ensure transparency in the market. Fannie Mae has the option to issue, or forgo issuance of, one or more CAS deals during each window.

Fannie Mae Announces 2023 Connecticut Avenue Securities (CAS) Issuance Calendar

Updates e nhance the underwriting process to support loans where no borrower has  a credit score WASHINGTON , Dec. 6, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA), today announced innovative enhancements to its automated underwriting system designed to responsibly expand eligibility and further simplify the borrowing process for loans where homebuyers do not have a credit score. These enhancements will help historically underserved borrowers access credit and further support the company's commitment to serving renters and homeowners in an equitable and sustainable way.

Fannie Mae Introduces Enhancements to Help Expand Homeownership Opportunities for Underserved Borrowers

WASHINGTON , Nov. 30, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) October 2022 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 October 2022 Monthly Summary

With US home prices climbing by more than 12% in the year through September, so too can the size of your mortgage.

US government entities Fannie Mae and Freddie Mac were just cleared to purchase mortgages of over $1 million for the first time because home prices are still so high

Mortgage giants Fannie Mae and Freddie Mac will raise the limits of government-backed loans to a record level for 2023, with the maximum loan limit hitting more than $1 million for high-cost areas, the Federal Housing Finance Agency announced Tuesday.

High home prices push Fannie Mae and Freddie Mac to back loans of more than $1 million

WASHINGTON, Nov. 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its eleventh and final Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-11 transferred $343 million of mortgage credit risk to private insurers and reinsurers.

Fannie Mae Executes its Eleventh and Final Credit Insurance Risk Transfer Transaction of 2022 on $10.1 Billion of Single-Family Loans

Housing Sales Forecasted to Hit Trough in Q2 2023 Before Beginning to Rebound WASHINGTON , Nov. 21, 2022 /PRNewswire/ -- After rebounding at a 2.6 percent annualized rate in Q3 2022 on the strength of net exports, real gross domestic product (GDP) is projected to turn negative again in the fourth quarter as the temporary boost from international trade moderates, according to the November 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group also expects declines in residential fixed and business investment, as well as slowing personal consumption growth, to contribute to negative growth in Q4 2022, and it continues to expect the economy to tip into a modest recession in the first quarter of 2023.

Economy Still Expected to Enter (and Exit) Modest Recession in 2023

New Disclosures to Provide View into Socially Oriented Lending Activities WASHINGTON , Nov. 16, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today launched new social disclosures, the Social Criteria Share (SCS) and the Social Density Score (SDS), for its Single-Family mortgage-backed securities (MBS). The new disclosures are designed to respond to investor feedback and aim to provide single-family MBS investors with insights into socially oriented lending activities while helping to preserve the confidentiality of mortgage consumers' personal information.

Fannie Mae Launches New Single-Family Social Disclosures

Federal National Mortgage Association (OTCQB:FNMA) Q3 2022 Earnings Conference Call November 8, 2022 8:00 AM ET Company Participants Pete Bakel - Director, External Communications David Benson - President and Interim Chief Executive Officer Chryssa Halley - Chief Financial Officer Operator Good day and welcome to the Fannie Mae's Third Quarter 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) Q3 2022 Earnings Call Transcript

WASHINGTON , Nov. 8, 2022 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today reported its third quarter 2022 financial results and filed its third quarter 2022 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended September 30, 2022.

Fannie Mae Reports Net Income of $2.4 Billion for Third Quarter 2022

Just 16% of Americans believe now is a good time to buy a house, Fannie Mae's monthly survey shows, as mortgage rates soar and buyers back away.

Americans' confidence in home buying has fallen to its lowest level since Fannie Mae's survey began

Rising mortgage rates and high home prices have brought consumer confidence in the U.S. housing market to the lowest level in over a decade, according to Fannie Mae.

Confidence in US housing market hits a new low: Fannie Mae

Consumer confidence in the US housing market has plunged to its lowest level on record as steep mortgage rates crush demand, according to findings released by Fannie Mae on Monday.

Confidence in US housing market hits lowest on record: Fannie Mae

NEW YORK--(BUSINESS WIRE)--Basis Multifamily Finance I, LLC (“Basis”), a subsidiary of Basis Investment Group, LLC, (BIG) a national commercial real estate (CRE) investment platform founded by CEO Tammy K.

Basis Multifamily Finance Awarded Fannie Mae Delegated Underwriting and Servicing (DUS) Approval to Provide MF Fannie Mae Loans

Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market.

Consumer confidence in the housing markets hits a new low, according to Fannie Mae

The Minority- and Women-Owned Business Advances Fannie Mae's Commitment to Diversity and Inclusion WASHINGTON , Nov. 7, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the addition of Basis Multifamily Finance I, LLC ("Basis"), a subsidiary of Basis Investment Group, LLC ("BIG"), a national commercial real estate investment platform, to its network of approved Multifamily Delegated Underwriting and Servicing (DUS®) lenders. The addition of Basis supports Fannie Mae's efforts to ensure liquidity in the multifamily market and reflects its ongoing commitment to fostering economic inclusion.

Fannie Mae Adds Basis Multifamily Finance to Network of DUS Lenders

Home shoppers have been so put off by elevated home prices and mortgage rates that buying sentiment has hit an all-time low, Fannie Mae said.

Home-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says

Only 16% of Consumers Report Now is a Good Time to Buy a Home WASHINGTON , Nov. 7, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 4.1 points in October to 56.7, its eighth consecutive monthly decline and lowest reading since the inception of the index in 2011. Five of the six index components decreased month over month, including those associated with home buying and selling conditions, as persistently high home prices and unfavorable mortgage rates continue to fuel consumers' housing affordability concerns.

Consumer Confidence in Housing Hits New All-Time Low

Company to Host Conference Call WASHINGTON , Nov. 4, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its third quarter 2022 financial results on Tuesday morning, November 8, 2022, 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.

News for Federal National Mortgage Association Stock (FNMA)