Our Priorities

Advance a sustainable and reliable business 

model that reduces risk to the housing fi nance 

system and taxpayers. 

Provide reliable, large-scale access to affordable 

mortgage credit for qualifi ed borrowers and help 

struggling homeowners. 

Serve customer needs by building a company 

that is effi cient, innovative, and continuously 

improving.

Our Financial Results: 

Q1 2018

Net income

$4.3 BILLION

Comprehensive income

$3.9 BILLION

Our Reach

We enable people to buy, refi nance, and rent homes 

across the United States.

Progress Q1 2018

Data as of or through March 31, 2018 unless otherwise indicated.

Our Q1 2018 performance refl ects the strength of our underlying business, the benefi ts of our business model, and our 

focus on customers. We continue to drive advances in the housing fi nance system, providing our customers with reliable, 

sustainable, and innovative solutions to address America’s housing needs. We are dedicated to working with our customers 

to solve the housing challenges of today and tomorrow, and enabling them to deliver real benefi ts and more opportunities to 

homebuyers and renters.

www.fanniemae.com/progress For more information, see our First Quarter 2018 Form 10-Q, fi led with the SEC on May 3, 2018. Continued on next page
Liquidity and Support to the Market

• Provided approximately $124 billion in liquidity to the mortgage market in the first quarter 

of 2018.

• Was the largest issuer of single-family mortgage-related securities in the secondary market 

in the first quarter of 2018. Had an estimated market share of new single-family mortgagerelated securities issuances of 42 percent for the first quarter of 2018.

• Provided more than $11 billion in multifamily financing in the first quarter of 2018, which 

enabled the financing of 154,000 units of multifamily housing.

Draws from Treasury (2) Dividend Payments to Treasury

0

50

100

150

2008-2015

116.1

144.8

0.0 9.6 3.7 12.0

119.8

166.4

0.0 0.0

2016 2017 Q1 2018 Total (1)

Treasury Draws and Dividend Payments: 2008 - Q1 2018

(Dollars in billions)

Driving Down the Serious 

Delinquency (SDQ) Rate

• Our single-family SDQ rate decreased to 1.16% as of 

March 31, 2018.

• Approximately 97 percent of Fannie Mae’s 17.2 million singlefamily conventional loans are current.

Data as of March 31, 2018

This report includes our expectations regarding the company’s future performance, actions, business plans, and strategy. 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” and “Forward-Looking Statements” sections of and elsewhere in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2018 and in our Annual 

Report on Form 10-K for the year ended December 31, 2017. 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.

Treasury Draws 

and Dividend Payments

Fannie Mae has paid Treasury $166.4 billion in dividends for 

periods through March 31, 2018.

(1) Under the terms of the senior preferred stock purchase agreement, dividend payments 

we make to Treasury do not offset our prior draws of funds from Treasury, and we are 

not permitted to pay down draws we have made under the agreement except in limited 

circumstances. Amounts may not sum due to rounding.

(2) Treasury draws are shown in the period for which requested, not when the funds were 

received by us. Draw requests have been funded in the quarter following a net worth deficit.

Transferring Credit Risk

• Through our credit risk transfer transactions, in which we transfer a portion of the 

mortgage credit risk on loans we acquire, we increase the role of private capital in 

the mortgage market and reduce risk to our business, taxpayers, and the housing 

finance system.

• As of March 31, 2018, $995 billion in single-family mortgages, or approximately 

34 percent of the loans in the company’s single-family conventional guaranty book 

of business, measured by unpaid principal balance, were covered by a credit risk 

transfer transaction.

Published May 3, 2018

3900 Wisconsin Avenue, NW

Washington, DC 20016-2892

© 2017 Fannie Mae

Fannie Mae Progress Q1 2018

home purchases

refinancings

rental units

252K

154K

232K

$124B provided to the market in Q1 2018 enabled: