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.

Company to Host Conference Call WASHINGTON , April 26, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its first quarter 2022 financial results on Tuesday morning, May 3, 2022, before the opening of U.S. financial markets. Fannie Mae will host a conference call to discuss the company's results at 8:00 a.m.

Fannie Mae Announces Scheduled Release of First Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--UnitedLex, a leading technology and legal services company, today announced that Terry Theologides, General Counsel of Fannie Mae, has joined UnitedLex's board of directors - strategy council. As the remote work environment continues to drive digitization across legal departments and as Gartner calls technology "the most obvious solution" for flattened staffing budgets and increased legal work loads, UnitedLex has experienced great demand for its suite of solutions. T

Fannie Mae General Counsel Terry Theologides Joins UnitedLex Board of Directors Strategy Council

WASHINGTON , April 19, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its fourth 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 2022-4 transferred $844.8 million of mortgage credit risk to private insurers and reinsurers.

Fannie Mae Executes Credit Insurance Risk Transfer Transaction on $23.1 Billion of Single-Family Loans

The U.S. economy will contract next year, federally backed housing giant Fannie Mae FNMA, -1.71% forecasts. While Fannie Mae only modestly cut its 2022 GDP outlook by 0.2 points, to 2.1%,it slashed its 2023 GDP forecast to negative 0.1% from a previous estimate of 2.2% growth.

Fannie Mae forecasts U.S. economy to fall into recession next year

Higher Mortgage Rate Environment Expected to Slow Housing Activity WASHINGTON, April 19, 2022 /PRNewswire/ -- Expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve are likely to further soften economic output already being weighed down by decades-high inflation and the ongoing effects stemming from the Russian invasion of Ukraine, according to the April 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group's latest forecast includes downgrades of 0.2 and 2.4 percentage points, respectively, to 2022 and 2023 real GDP growth, including an expectation of a period of modest contraction in the second half of 2023.

Economic Growth Forecast Downgraded as 'Soft Landing' Appears Increasingly Unlikely

WASHINGTON , April 18, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $736 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on April 11, 2022. FNA 2022-M8 marks the fourth Fannie Mae GeMS issuance of 2022.

Fannie Mae Priced $736 Million Multifamily DUS REMIC (FNA 2022-M8) Under Its GeMS Program

"Adequate capital is a necessary precondition for either Enterprise to exit from conservatorship." reads FHFA's Strategic Plan. The government's motion for summary judgment attempts to relitigate settled law and otherwise doesn't knock down all the plaintiff's damage models.

FHFA Strategic Plan 2022-2026 Mentions Exiting Conservatorship

FNM-HPI Measured Home Price Growth at Annual Rate of 20.0% in Q1 2022 WASHINGTON , April 15, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today the publication of the Fannie Mae Home Price Index (FNM-HPI), a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. The FNM-HPI accelerated in Q1 2022 to its fastest annual pace in the 47-year history of the index, measuring 20.0 percent year over year, non-seasonally adjusted, up from the 19.1 percent annual rate recorded in Q4 2021.

Fannie Mae Announces Publication of National Home Price Index

WASHINGTON , April 8, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) Board Chair Sheila C. Bair has announced her decision to resign effective May 1, and that the Board has unanimously elected Michael J.

Fannie Mae Board Chair Sheila Bair Announces Leadership Transitions: Michael J. Heid to Succeed her as New Chair, David C.

FHFA's Sandra Thompson says the GSEs have barely any capital and that adequate capital is a precondition for exiting conservatorship.

FHFA Is Working With Fannie/Freddie To Help End Conservatorships

WASHINGTON , April 7, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its twenty-fifth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 7,600 loans, having an unpaid principal balance of approximately $1.49 billion, and is available for purchase by qualified bidders.

Fannie Mae Announces Twenty-Fifth Sale of Reperforming Loans

69% of Respondents Expect Mortgage Rates to Go Up in Next 12 Months WASHINGTON, April 7, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased by 2.1 points to 73.2 in March, as consumers continue to express pessimism regarding the trajectory of mortgage rates and homebuying conditions generally. Overall, four of the index's six components decreased month over month, including the components asking consumers whether they expect mortgage rates to go up and whether they believe it's a good time to buy a home.

Consumer Pessimism Regarding Direction of Mortgage Rates Hits New Survey High

WASHINGTON , April 5, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R04, an approximately $1.1 billion note offering that represents Fannie Mae's fourth 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 $1.1 Billion Connecticut Avenue Securities (CAS) REMIC Deal

Sandra Thompson, acting director of the Federal Housing Finance Agency (FHFA), says Fannie and Freddie are being prepared to exit conservatorship.

GSEs March Toward Cicada Exit

WASHINGTON , March 31, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 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 February 2022 Monthly Summary

WASHINGTON , March 25, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $721 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on March 16, 2022. FNA 2022-M3 marks the third Fannie Mae GeMS issuance of 2022.

Fannie Mae Priced $721 Million Multifamily DUS REMIC (FNA 2022-M3) Under Its GeMS Program

WASHINGTON , March 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R03, an approximately $1.2 billion note offering that represents Fannie Mae's third 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 $1.2 Billion Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON , March 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its second and third Credit Insurance Risk Transfer™ (CIRT™) transactions 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 2022-2 and CIRT 2022-3 together transferred $1.8 billion of mortgage credit risk to private insurers and reinsurers.

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $50 Billion of Single-Family Loans

Coca-Cola

Patience is essential to portfolio management.

Should You Sell It All Or Buy The Dip?

Mortgage Rates Likely to Experience Competing 'Flight to Quality' and Fed Tightening Pressures WASHINGTON, March 17, 2022 /PRNewswire/ -- The Russian invasion of Ukraine, and its implications for the global economy, has added to growing inflation pressures and ongoing supply chain difficulties as monetary policy tightening begins, according to the March 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group now projects full-year 2022 real GDP growth of 2.3 percent, down from last month's projected 2.8 percent, but acknowledges that many of its forecast's base assumptions, including a near-term resolution to the acute global economic effects of the Russian invasion of Ukraine, represent substantial downside risks to both the macroeconomic and housing outlooks.

Inflation and Russia's Invasion of Ukraine Expected to Take Toll on U.S. Economy and Housing Sector

WASHINGTON, March 8, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fourth reperforming loan sale transaction. The deal, which was announced on February 8, 2022, included the sale of 7,970 loans totaling $1.3 billion in unpaid principal balance (UPB), divided into three pools.

Fannie Mae Announces Results of Twenty-fourth Reperforming Loan Sale Transaction

WASHINGTON, March 7, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased by 3.5 points to 75.3 in February, but affordability constraints continue to drive consumers' perception of the housing market. Overall, five of the index's six components increased month over month, including the components measuring consumers' perceptions of homebuying and home-selling conditions.

More Consumers Expect Mortgage Rates and Home Prices to Rise Even Further

Mortgage giants Fannie Mae FNMA, +2.64% and Freddie Mac FMCC, +3.74% are upping the ante when it comes to affordable housing.

Fannie Mae and Freddie Mac contribute over $1 billion to help increase access to affordable housing

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

WASHINGTON, Feb. 28, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its first Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. CIRT 2022-1 covers $26.1 billion in unpaid principal balance (UPB) of generally 30-year original term, fixed-rate loans, acquired between January 2021 and March 2021.

News for Federal National Mortgage Association Stock (FNMA)