Data as of or through March 31, 2015 unless otherwise indicated.

hOW WE’RE DOING IT

We exist to provide reliable, large-scale access to 

affordable mortgage credit in all communities across 

the country at all times so people can buy, refinance, or 

rent homes. We are committed to being America’s most 

valued housing partner.

OUR financial RE

Net income for Q1 2015

$1.9 BILLI

Comprehensive income for Q1 2015

$1.8 BILLI

www.fanniemae.com/progress Continued on next page

For more information, see our First Quarter 2015 Form 

10-Q Report, filed with the SEC on May 7, 2015.

Published May 7, 2015 

3900 Wisconsin Avenue, NW

Washington, DC 20016-2892

© 2015 Fannie Mae

1. Delivering the products, services, and 

tools our customers need to serve the 

entire market confidently, efficiently, and 

profitably.

2. Working to increase access to 

mortgage credit for creditworthy 

borrowers while focusing on 

responsible housing finance and 

maintaining the safety and soundness 

of the company. 

3. Providing a stable source of liquidity 

by enabling access to credit that's 

attainable, affordable, and safer, helping 

to attract global capital to the U.S.

4. Supporting homeowners in distress – 

driving alternatives to foreclosure to 

keep families in their homes.

5. Upgrading our infrastructure for the 

good of the company, our partners, and 

the industry.

1. Sustain housing recovery and enable access to 

a good home. 

2. Drive continuous improvement of our company. 

3. Help build a sustainable housing finance system.

Our

Q1 2015
• Our single-family SDQ rate has declined 20 

consecutive quarters, and is substantially 

lower than private market levels.

• Approximately 97 percent of Fannie Mae’s 

17.4 million single-family conventional loans 

are current.

Data as of March 31, 2015

This report includes our expectations regarding our future dividend payments to Treasury. These expectations are forward-looking statements based on our current assumptions regarding numerous factors. Our actual results and future 

expectations may differ materially from our current expectations as a result of many factors, including those discussed in the “Risk Factors” section of and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 

2014 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2015. These forward-looking statements are representative only as of the date they are made, and we undertake no obligation to update any forward-looking 

statement as a result of new information, future events or otherwise, except as required under the federal securities laws.

Q1 2015

trea

and div

Fannie Mae has paid Treasury $136.4 billion in 

dividends for periods through March 31, 2015, 

and expects to have paid Treasury a total of 

$138.2 billion in dividends by June 30, 2015. 

$15.2

2008

$60.0

2009

$15.0

2010

$25.9

2011

$0.0

2012

$0.0

2013

$0.0

2014

Draw Request from Treasury

(in billions)

Cumulative

Total

Initial Liquidation Preference $1.0

Treasury Draw Requests1 $116.1

Total Senior Preferred Stock Outstanding $117.1

$0.0

1Q15

TBD

2Q15

$2.5

2009

$7.7

2010

$9.6

2011

$11.6

2012

Dividend Payment to Treasury

(in billions)

$20.6

2014

Cumulative

Total

Total Dividend Payments

through 2Q 2015 2,3 $138.2

$0.03

2008

$1.9

2013 1Q15

$82.5

$1.8

2Q152

(1) Treasury draw requests are shown in the period for which requested and do 

not include the initial $1.0 billion liquidation preference of Fannie Mae’s senior 

preferred stock, for which Fannie Mae did not receive any cash proceeds. The 

payment of dividends does not offset prior Treasury draws.

(2) Fannie Mae expects to pay a dividend for the second quarter of 2015 calculated

based on its net worth of $3.6 billion as of March 31, 2015 less the applicable 

capital reserve amount of $1.8 billion.

(3) Amounts may not sum due to rounding.

drvi

delinquency

2%

3%

4%

5%

6%

5.47%

1Q10 1Q11 1Q12 1Q13 1Q14 1Q15

SDQ Rate

as of 3/31/10

(Substantially 

lower than private 

market levels)

1.78%

as of 3/31/15

liquity an

• Remained the largest single issuer of single-family 

mortgage-related securities in the secondary market 

in the first quarter of 2015, and remained a continuous 

source of liquidity in the multifamily market.

• Funded the mortgage market with approximately $124 

billion in liquidity in Q1 2015.

• Refinanced approximately 54,000 loans in Q1 2015 

through the company’s Refi PlusTM initiative, including 

loans refinanced under the Administration’s Home 

Affordable Refinance Program® (HARP®). 

• Refinancings delivered through Refi Plus in Q1 2015 

reduced borrowers’ monthly mortgage payments by an 

average of $177.

• Helped distressed families avoid foreclosure through 

approximately 34,000 loan workouts in Q1 2015, 

including approximately 27,000 loan modifications.

134K

MULTIFAMILY

HOUSING 

UNITS

320K

MORTGAGE

REFINANCINGS

190K

HOME

PURCHASES

This lquidity in