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.

Latest HPSI Reading Shows Consumers Increasingly Concerned by Both Homebuying and Home-Selling Conditions WASHINGTON , Aug. 8, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 2.0 points in July to 62.8, its lowest level since 2011 and well below the all-time high set in 2019. Surveyed consumers continue to express pessimism about homebuying conditions, with only 17% of respondents reporting it's a good time to buy a home.

Consumer Sentiment Toward Housing at Lowest Level in Decade

WASHINGTON , Aug. 2, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R08, an approximately $626 million note offering that represents Fannie Mae's eighth 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 $626 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON , Aug. 1, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of a recent reperforming loan sale. The sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance (UPB) was awarded to JP Morgan Mortgage Acquisition Corp. (Chase).

Fannie Mae Announces Results of Recent Reperforming Loan Sale

WASHINGTON , July 29, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  June 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 June 2022 Monthly Summary

Federal National Mortgage Association (OTCQB:FNMA) Q2 2022 Results Conference Call July 29, 2022 8:00 AM ET Company Participants Pete Bakel - Director, External Communications David Benson - President, Interim CEO Chryssa Halley - CFO Operator Good day, and welcome to the Fannie Mae Second 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) CEO David Benson on Q2 2022 Results - Earnings Call Transcript

WASHINGTON , July 29, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its second quarter 2022 financial results and filed its second quarter 2022 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2022.

Fannie Mae Reports Net Income of $4.7 Billion for Second Quarter 2022

Rising inflation could push the economy into a recession sooner than economists had previously projected, according to the latest forecast from Fannie Mae.

Fannie Mae revises GDP forecast for 2022, 2023 amid high inflation

WASHINGTON, July 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its seventh and eighth 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 2022-7 and CIRT 2022-8 transferred $1 billion of mortgage credit risk to private insurers and reinsurers.

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $33 Billion of Single-Family Loans

Experienced Human Resources Executive with Financial Services Background Joins Fannie Mae to Drive Enterprise Human Resources and Talent Strategy WASHINGTON , July 21, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today it has appointed Katie Jones as Senior Vice President and Chief Human Resources Officer (CHRO), effective August 1, 2022. In this role, Jones will be a member of Fannie Mae's Management Committee and oversee the company's Human Resources function responsible for designing and delivering a comprehensive enterprise-wide strategy to attract, retain, engage, and develop talent and support business and strategic priorities.

Fannie Mae Appoints Katie Jones as Chief Human Resources Officer

Company to Host Conference Call WASHINGTON , July 21, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its second quarter 2022 financial results on Friday morning, July 29, 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 Second Quarter 2022 Financial Results

Housing Increasingly Constrained by High Mortgage Rates, Slowing Economy WASHINGTON , July 20, 2022 /PRNewswire/ -- Amid record inflation and higher interest rates, expectations for full-year 2022 and 2023 real GDP growth were downgraded in July due to softening consumer spending and a downward revision to business inventory investment data, according to the July 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group forecasts real GDP will increase 0.1 percent in 2022 and decrease 0.4 percent in 2023, down from the previously predicted 1.2 percent increase and 0.1 percent decrease, respectively.

Economic Growth Stagnating as Record Inflation Persists

Fannie Mae Earns Top Score on the Index for Third Consecutive Year WASHINGTON , July 20, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced it has been recognized as a "Best Place to Work for Disability Inclusion," earning a top score on the 2022 Disability Equality Index ® (DEI®) for the third consecutive year. Launched in 2015 by Disability:IN and The American Association of People with Disabilities, the DEI is a comprehensive benchmarking tool that helps companies build a roadmap of measurable, tangible actions they can take to achieve disability inclusion and equality.

Fannie Mae Recognized as a 'Best Place to Work for Disability Inclusion' by 2022 Disability Equality Index

WASHINGTON , July 15, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-sixth reperforming loan sale transaction. The deal, announced on June 9, 2022, included the sale of approximately 4,390 loans totaling $889.75 million in unpaid principal balance (UPB), divided into two pools.

Fannie Mae Announces the Results of its Twenty-Sixth Reperforming Loan Sale Transaction

Federal Home Loan Mortgage Corporation

Why Shares of Fannie Mae and Freddie Mac Exploded Higher Today

FNM-HPI Measured Home Price Growth at Annualized Rate of 19.4 Percent in Q2 2022 WASHINGTON , July 14, 2022 /PRNewswire/ -- Single-family home prices increased at the annualized rate of 19.4 percent in Q2 2022, down slightly from the previous quarter's upwardly revised 20.5 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 4.3 percent in Q2 2022.

Home Prices Grew at Near-Record High in Second Quarter

Survey-High 81% of Consumers Believe Economy Is on the 'Wrong Track' WASHINGTON , July 7, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA)  Home Purchase Sentiment Index® (HPSI) decreased 3.4 points in June to 64.8, its second-lowest reading in a decade. Surveyed consumers continue to express pessimism about homebuying conditions, with only 20% of respondents reporting it's a good time to buy a home, while the percentage of consumers who believe it's a "Good Time to Sell" fell from 76% to 68% this month.

Consumers Appear Increasingly Frustrated by Housing Market, Larger Economy

WASHINGTON , July 6, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $381 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on June 23, 2022. FNA 2022-M1S marks the sixth Fannie Mae GeMS issuance of 2022.

Fannie Mae Priced $381 Million Multifamily Social DUS REMIC (FNA 2022-M1S) Under Its GeMS Program

Lamberth originally planned to rule on the government's motion for summary judgment around July 11. Trial has been rescheduled which seems to imply that he plans to rule against the government's motion for summary judgment.

GSE's Next Major Legal Development: Lamberth Ruling

WASHINGTON , July 1, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Debt Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of June 24, 2022 (collectively, the "Offer Documents"). A total of approximately $4,402 million in original principal amount of Notes were validly tendered and not validly withdrawn on or before the designated expiration time for the Offers, which was 5:00 PM New York City time on June 30, 2022.

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Debt Notes

WASHINGTON , June 30, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  May 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 May 2022 Monthly Summary

WASHINGTON , June 28, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R07, an approximately $866 million note offering that represents Fannie Mae's seventh 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 $866 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON , June 28, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its nineteenth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on August 19, 2022 and includes approximately 120 loans totaling $36.2 million in unpaid principal balance (UPB).

Fannie Mae Announces Winner of Nineteenth Community Impact Pool of Non-Performing Loans

WASHINGTON , June 24, 2022 /PRNewswire/ -- Fannie Mae (OTCQB:FNMA) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Debt Notes listed below (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of June 24, 2022 (collectively, the "Offer Documents"). The Offers will expire at 5:00 PM New York City time on Thursday, June 30, 2022 (the "Expiration Time") unless extended or earlier terminated.

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Debt Notes

Housing Predicted to Drag on Growth Through 2023 as Financial Conditions Tighten WASHINGTON , June 16, 2022 /PRNewswire/ -- The compounding effects of elevated inflation and higher interest rates are expected to further weigh on economic growth and home sales as the year progresses, with full-year 2022 growth now forecast at a slightly reduced 1.2 percent and expectations of a late-2023 modest economic contraction unchanged, according to the June 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. While consumers' resilience to the predicted financial stress remains an open question, the ESR Group now forecasts personal consumption growth to slow from 4.2 percent in Q2 2022 to 1.9 percent and 1.3 percent, respectively, in Q3 2022 and Q4 2022.

Elevated Inflation, Higher Interest Rates Expected to Take Toll on Consumer Spending

The RALI Will Provide Near Real-Time Insights into Refinance and Prepayment Trends WASHINGTON , June 14, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today the launch of its Refinance Application-Level Index (RALI), a weekly series designed to provide the market timely and comprehensive tracking of refinance activity and historical trends. The RALI sources data from the industry's most widely used automated underwriting system, Fannie Mae's Desktop Underwriter® (DU®), to provide lenders, investors, and other market participants with increased transparency on the past week's refinance application trends, supporting more refined prepayment projections.

News for Federal National Mortgage Association Stock (FNMA)