Federal National Mortgage Association
- Fannie Mae gained 0.4% to $7.09 after the mortgage loan provider reported a slight increase in full-year 2024 revenue, while net income dropped.
Revenue increased to $29.07 billion from $29.05 billion, and net income declined to $16.98 billion from $17.41 billion a year ago.
The single-family segment reported net income of $14.4 billion, a decrease of $425 million compared to 2023, but single-family acquisition volume advanced 3% for the year.
The multifamily segment reported net income of $2.5 billion, consistent with year 2023, and the company acquired approximately $55 billion in multifamily loans last year, up 4% from 2023.
Fannie Mae expects slower home price growth in 2025, compared to the rate of the household income increase, helping to gradually improve affordability for homebuyers.
Feb 18, 2025 - Federal National Mortgage Association said revenue in 2022 declined 1% to $29.7 billion and net income plunged 42% to $12.9 billion from $22.2 billion and diluted earnings per share was zero compared to 1 cent a year ago.
Fannie Mae said revenue in the fourth quarter declined 1% to $7.1 billion and net income fell 41% to $1.4 billion from $2.4 billion in the previous year.
Feb 15, 2023
| Year | Q1 | Q2 | Q3 | Q4 | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.00 | 0.00 | 0.00 | - | - | |
| 2022 | 0.00 | 0.00 | 0.00 | 0.00 | - | |
| 2021 | 0.00 | 0.01 | 0.01 | - | 0.01 | |
| 2020 | (0.00) | (0.00) | 0.00 | - | - | |
| 2019 | 0.01 | 0.02 | 0.02 | - | 0.03 | |
| 2018 | 0.56 | 0.56 | 0.57 | - | 0.57 | |
| 2017 | - | 0.01 | 0.01 | - | - | |
| 2016 | - | 0.05 | 0.09 | - | - | |
| 2015 | - | 0.06 | - | - | - |