Federal National Mortgage Association provides liquidity and stability support services for the mortgage market in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company’s Single-Family Credit Guaranty segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S. Department of Agriculture, manufactured housing loans, an...
3900 Wisconsin Avenue, NW
Washington, DC 20016
Founded in 1938
Fannie Mae Announces Dividend for the Period April Through June
Aug 6 15
Fannie Mae announced that it will pay a dividend of $4.4 billion to the U.S. Treasury next month. With that payment, Fannie will have paid a total $142.5 billion in dividends for the period April Through June.
Federal National Mortgage Association Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 6 15
Federal National Mortgage Association announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total interest income of $27,126 million against $28,746 million last year. Net interest income was $5,677 million against $4,904 million last year. Income before federal income taxes was $6,850 million against $5,419 million last year. Net income attributable to the company was $4,640 million against $3,666 million last year. Net income attributable to common stockholders was $281 million or $0.05 per basic and diluted share against net loss attributable to common stockholders of $46 million or $0.01 per basic and diluted share last year.
For the six months, the company reported total interest income of $54,694 million against $57,925 million last year. Net interest income was $10,744 million against $9,642 million last year. Income before federal income taxes was $9,608 million against $13,328 million last year. Net income attributable to the company was $6,528 million against $8,991 million last year. Net income attributable to common stockholders was $373 million or $0.06 per basic and diluted share against net loss attributable to common stockholders of $413 million or $0.07 per basic and diluted share last year. Net cash used in operating activities was $1,506 million against $3,420 million last year.
Fannie Mae Reports Earnings Results for the Second Quarter Ended June 2015
Aug 6 15
Fannie Mae reported earnings results for the second quarter ended June 2015. The company reported net income of $4.6 billion from April through June, up from $3.7 billion a year earlier.