Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Company profile
Ticker
FNMA, FNMAS, FNMAT, FNMAM, FNMFM, FNMAJ, FNMFN, FNMAN, FNMAH, FNMAG, FNMAK, FNMAL, FNMAO, FNMAP
Exchange
Website
CEO
Hugh Frater
Employees
Location
Fiscal year end
Sector
Industry (SIC)
Former names
FEDERAL NATIONAL MORTGAGE ASSOCIATION
SEC CIK
IRS number
520883107
FNMA stock data
News

These 2 Under-The-Radar Stocks Traded More Than $1B Each Last Month
5 Aug 22
Housing Beat: Mortgage Rates Soar Again, Non-QM Rides On, The Best And Worst Rental Markets
14 Jul 22
This Day In Market History: Fannie Mae Rolls Out First Stripped Mortgage-Backed Securities
11 Jul 22
Housing Beat: Mortgage Rates Fall Again, Home Price Growth Cools, Roe V. Wade Influences Homebuyers
7 Jul 22
This Day In Market History: The National Housing Act Of 1934
27 Jun 22
Press releases
Consumer Sentiment Toward Housing at Lowest Level in Decade
8 Aug 22
Mortgage Financiers & Crypto Securities Reclaim Their Spots As Most Actively Traded Securities On OTC Markets In June
3 Aug 22
Fannie Mae Prices $626 Million Connecticut Avenue Securities (CAS) REMIC Deal
2 Aug 22
Fannie Mae Announces Results of Recent Reperforming Loan Sale
1 Aug 22
Fannie Mae Releases June 2022 Monthly Summary
29 Jul 22
Calendar
29 Jul 22
9 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 75.94B | 75.94B | 75.94B | 75.94B | 75.94B | 75.94B |
Cash burn (monthly) | 4.35B | 4.11B | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 5.82B | 5.5B | n/a | n/a | n/a | n/a |
Cash remaining | 70.13B | 70.44B | n/a | n/a | n/a | n/a |
Runway (months of cash) | 16.1 | 17.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2022
0.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 17 |
Opened positions | 3 |
Closed positions | 6 |
Increased positions | 1 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 223.27M |
Total shares | 6.38M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
CapWealth Advisors | 5.96M | $14.16M |
BIGTQ Pinnacle | 266.21K | $208.97M |
Monolith Advisors | 37.16K | $33K |
Wesbanco Bank | 20.01K | $16K |
Ancora Advisors | 19.4K | $16K |
Captrust Financial Advisors | 18.67K | $15K |
Kovack Advisors | 14.3K | $11K |
Bard Financial Services | 11.7K | $9K |
Carter Financial | 10.5K | $8K |
Formidable Asset Management | 10K | $8K |
Financial report summary
?Competition
Federal Home Loan Bank of AtlantaRisks
- The future of our company is uncertain.
- Our regulator is authorized or required to place us into receivership under specified conditions, which would result in our liquidation, and FHFA, acting as receiver, proceeding to realize on our assets. Amounts recovered by our receiver from these actions may not be sufficient to repay the liquidation preference of any series of our preferred stock or to provide any proceeds to common shareholders.
- Our business and results of operations may be materially adversely affected if we are unable to retain and recruit well-qualified executives and other employees. The conservatorship, the uncertainty of our future, and limitations on our executive and employee compensation put us at a disadvantage compared to many other companies with which we compete for talent. In addition, the improving economy and increased remote work opportunities have increased the competition we face in retaining and hiring executives and other employees.
- Pursuing our housing goals, duty to serve obligations, and Equitable Housing Finance Plan may adversely affect our business, results of operations and financial condition.
- The conservatorship and agreements with Treasury adversely affect our common and preferred shareholders.
- The liquidity and market value of our MBS could be adversely affected by negative developments in the UMBS market.
- Our issuance of UMBS and structured securities backed by Freddie Mac-issued securities exposes us to operational and counterparty credit risk.
- Our reliance on CSS and the common securitization platform exposes us to third-party risk.
- We are limited in our ability to diversify our business and may be prohibited from undertaking activities that management believes would benefit our business.
- An active trading market in our equity securities may cease to exist, which would adversely affect the market price and liquidity of our common and preferred stock.
- We may incur significant credit losses and credit-related expenses on the loans in our book of business.
- One or more of our institutional counterparties may fail to fulfill their contractual obligations to us, resulting in financial losses, business disruption and decreased ability to manage risk.
- Our financial condition or results of operations may be adversely affected if mortgage servicers fail to perform their obligations to us.
- We may incur losses as a result of claims under our mortgage insurance policies not being paid in full or at all.
- Mortgage fraud could result in significant financial losses and harm to our reputation.
- We may suffer losses if borrowers suffer property damage as a result of a hazard for which we do not require insurance, such as flooding outside of certain areas, if property or flood insurance is unobtainable or prohibitively costly, if their claims under insurance policies are not paid, or if their insurance is insufficient to cover all losses.
- The occurrence of major natural or other disasters in the United States or its territories and the impact of climate change could negatively impact our credit losses and credit-related expenses.
- A failure in our operational systems or infrastructure, or those of third parties, could materially adversely affect our business, impair our liquidity, cause financial losses and harm our reputation.
- A breach of the security of our systems or facilities, or those of third parties with which we do business, including as a result of cyber attacks, could damage or disrupt our business or result in the disclosure or misuse of confidential information, which could damage our reputation, result in regulatory sanctions and/or increase our costs and cause losses.
- Our concurrent implementation of multiple new initiatives may increase our operational risk and result in one or more material weaknesses in our internal control over financial reporting.
- Material weaknesses in our internal control over financial reporting could result in errors in our reported results or disclosures that are not complete or accurate.
- Failure of our models to produce reliable results may adversely affect our ability to manage risk and make effective business decisions.
- Limitations on our ability to access the debt capital markets could have a material adverse effect on our ability to fund our operations, and our liquidity contingency plans may be difficult or impossible to execute during a sustained liquidity crisis.
- A decrease in the credit ratings on our senior unsecured debt could have an adverse effect on our ability to issue debt on reasonable terms, particularly if such a decrease were not based on a similar action on the credit ratings of the U.S. government. A decrease in our credit ratings also could require that we post additional collateral for our derivatives contracts.
- Changes in interest rates or our loss of the ability to manage interest-rate risk successfully could adversely affect our financial results and condition, and increase interest-rate risk.
- Changes in spreads could materially impact our results of operations, net worth and the fair value of our net assets.
- Uncertainty relating to the discontinuance of LIBOR may adversely affect our results of operations, financial condition, liquidity and net worth.
- Our business and financial results are affected by general economic conditions, including home prices and employment trends, and changes in economic conditions or financial markets may materially adversely affect our business and financial condition.
- A decline in activity in the U.S. housing market or increasing interest rates could lower our business volumes or otherwise adversely affect our results of operations, net worth and financial condition.
- Regulatory changes in the financial services industry may negatively impact our business.
- Legislative, regulatory or judicial actions could negatively impact our business, results of operations, financial condition or net worth.
- The COVID-19 pandemic may continue to adversely affect our business and financial results.
- Our business and financial results could be materially adversely affected by legal or regulatory proceedings.
- Changes in accounting standards and policies can be difficult to predict and can materially impact how we record and report our financial results.
- In many cases, our accounting policies and methods, which are fundamental to how we report our financial condition and results of operations, require management to make judgments and estimates about matters that are inherently uncertain. Management also relies on models in making these estimates.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
AAA, add, alongside, Bhatti, Black, building, commensurate, coupled, CRT, diminished, discrimination, discriminatory, education, empowering, explore, Fitch, forma, function, horizon, introducing, IV, Latino, legacy, linked, people, pro, profound, Register, Rop, sharp, shopping, stably, sworn, viability, war, Wazee, withstand
Removed:
adequate, exercised, flat, initiate, instructed, lack, moderate, observe, pent, persist, quickly, rapid, rebounding, remittance, resume, rollout
Financial reports
Current reports
8-K
Fannie Mae Reports Net Income of $4.7 Billion for Second Quarter 2022
29 Jul 22
8-K/A
Departure of Directors or Certain Officers
15 Jul 22
8-K
Fannie Mae Announces Tender Offer for Any and All of Certain CAS Debt Notes
24 Jun 22
8-K
Fannie Mae Reports Net Income of $4.4 Billion for First Quarter 2022
3 May 22
8-K
Departure of Directors or Certain Officers
8 Apr 22
8-K
Departure of Directors or Certain Officers
29 Mar 22
8-K
Fannie Mae Reports Net Income of $22.2 Billion for 2021 and
15 Feb 22
8-K
Departure of Directors or Certain Officers
1 Dec 21
8-K
Departure of Directors or Certain Officers
18 Nov 21
8-K
Fannie Mae Announces Tender Offer for Any and All of Certain CAS Debt Notes
15 Nov 21
Registration and prospectus
15-12G
Securities registration termination
5 Jun 20
25
Voluntary exchange delisting
27 Jun 10
25
Voluntary exchange delisting
27 Jun 10
8-A12B
Registration of securities on exchange
28 Jul 08
8-A12B
Registration of securities on exchange
28 Jul 08
25
Voluntary exchange delisting
17 Jan 07
10-12G
Registration of securities
30 Mar 03
Proxies
DEFA14A
Additional proxy soliciting materials
29 Apr 08
DEFA14A
Additional proxy soliciting materials
3 Apr 08
DEFA14A
Additional proxy soliciting materials
1 Nov 07
DEFA14A
Additional proxy soliciting materials
1 Nov 07
DEFA14A
Additional proxy soliciting materials
1 Nov 07
DEFA14A
Additional proxy soliciting materials
1 Nov 07
DEF 14A
Definitive proxy
16 Apr 03
Other
UPLOAD
Letter from SEC
5 Feb 14
UPLOAD
Letter from SEC
4 Feb 14
CORRESP
Correspondence with SEC
25 Nov 13
CORRESP
Correspondence with SEC
14 Nov 13
UPLOAD
Letter from SEC
7 Nov 13
CORRESP
Correspondence with SEC
28 Aug 13
CORRESP
Correspondence with SEC
12 Aug 13
UPLOAD
Letter from SEC
7 Aug 13
UPLOAD
Letter from SEC
24 Feb 13
CORRESP
Correspondence with SEC
21 Feb 13
Ownership
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / ANDREW M BRAMMER ownership change
7 Apr 22
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / JAMES L HOLMBERG ownership change
8 Dec 21
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / H. Malloy Evans III ownership change
4 Jun 21
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / Simon H R Johnson ownership change
8 Mar 21
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / Christopher J Brummer ownership change
8 Mar 21
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / MICHELE M EVANS ownership change
27 Aug 20
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / Sheila Colleen Bair ownership change
23 Aug 19
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / STERGIOS THEOLOGIDES ownership change
28 Mar 19
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / BRIAN P BROOKS ownership change
20 Mar 19
3
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE / Karin Kimbrough ownership change
20 Mar 19
Transcripts
2022 Q1
Earnings call transcript
3 May 22
2021 Q4
Earnings call transcript
15 Feb 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
3 Aug 21
2020 Q4
Earnings call transcript
12 Feb 21
2020 Q3
Earnings call transcript
29 Oct 20
2020 Q2
Earnings call transcript
4 Aug 20
2020 Q1
Earnings call transcript
1 May 20
2019 Q4
Earnings call transcript
13 Feb 20
2019 Q1
Earnings call transcript
1 May 19
Reddit threads
What is your, if any, speculative bet?
5 Aug 22
FNMA will 125x if Trump wins the next election
21 Jul 22
Daily Discussion - Friday July 15 2022
15 Jul 22
Recently asked what pennys you are long on. Now I want to know, what Pennys are you bagholding?
2 Jul 22
How long do you personally think the bear market will last?
1 Jul 22
Stocks sink on fears for global economy, capping worst H1 on record
30 Jun 22
Name a stock that is still way overvalued
26 May 22
Weekend Discussion - Weekend of May 14 2022
14 May 22
Question: Why are residential mortgages primarily fixed rate over 30 years if inflation constantly eats at this fixed yield?
20 Mar 22
Mentally handicapped man gets f****d hard not knowing it’s earnings(-20% in less than 5 seconds)
10 Mar 22