Fannie Mae Reports Net Income of $11.8 Billion for 2020 and $4.6 Billion for Fourth Quarter 2020
Fannie Mae reported a net income of $11.8 billion for 2020 and $4.6 billion for Q4 2020. The company filed its 2020 Form 10-K, detailing its consolidated financial statements ending December 31, 2020. The results indicate strong performance, allowing Fannie Mae to continue supporting affordable housing initiatives across the U.S. A conference call to discuss results was held on February 12, 2021. Additional financial documents from the quarter are available on Fannie Mae's website.
- Net income of $11.8 billion for 2020, reflecting strong financial performance.
- Q4 2020 net income of $4.6 billion indicates robust quarterly results.
- None.
WASHINGTON, Feb. 12, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its fourth quarter and full-year 2020 financial results and filed its 2020 Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the year ended December 31, 2020. The following documents are now available on Fannie Mae's website at www.fanniemae.com.
- News release reporting fourth quarter and full-year 2020 financial results
- Fannie Mae's Form 10-K for the year ended December 31, 2020
- Q4 and Full-Year 2020 Financial Supplement
Fannie Mae will host a conference call to discuss the company's results today at 8:00 a.m., ET. Other participants may join the conference call in listen-only mode in one of the following formats:
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Listen-only phone line:
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About Fannie Mae
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. To learn more, visit:
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SOURCE Fannie Mae
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