Fannie Mae Reports Net Income of $5.0 Billion for First Quarter 2021

Rhea-AI Summary

Fannie Mae (FNMA) announced its first quarter 2021 financial results, reporting a net income of $5.0 billion for the quarter ending March 31, 2021. The company has filed its Form 10-Q with the SEC, providing detailed financial statements. In conjunction with the announcement, Fannie Mae will host a conference call to discuss the results at 8:00 a.m. ET on April 30, 2021. Key documents related to the financial results are available on their website for stakeholders and the public.

Positive

• Reported net income of $5.0 billion for Q1 2021.
• Successful filing of Form 10-Q with the SEC.

Negative

• None.

WASHINGTON, April 30, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its first quarter 2021 financial results and filed its first quarter 2021 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended March 31, 2021. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

• News release reporting first quarter 2021financial results
• Fannie Mae's Form 10-Qfor the quarterended March31, 2021
• Q1 2021Financial 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:

Listen-only webcast:
https://event.webcasts.com/starthere.jsp?ei=1449813&tp_key=18286208a4
Click on the link above to attend the presentation from your laptop, tablet, or mobile device. Audio will stream through your selected device. If you have difficulty accessing the webcast, please click the "Listen by Phone" button on the webcast player and dial the number provided.

Listen-only phone line:
It is not necessary to dial into the audio conference unless you are unable to join the webcast via the URL above.
United States:   888-204-4368
Passcode:         6638904#

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:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

Fannie Mae Newsroom
https://www.fanniemae.com/news

Photo of Fannie Mae
https://www.fanniemae.com/resources/img/about-fm/fm-building.tif

Fannie Mae Resource Center
1-800-2FANNIE

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SOURCE Fannie Mae

FAQ

What was Fannie Mae's net income for the first quarter of 2021?

Fannie Mae reported a net income of $5.0 billion for the first quarter of 2021.

When will Fannie Mae discuss its first quarter 2021 financial results?

Fannie Mae will discuss its first quarter 2021 financial results during a conference call at 8:00 a.m. ET on April 30, 2021.

Where can I find the financial results of Fannie Mae for Q1 2021?

The financial results can be found on Fannie Mae's website and in their Form 10-Q filed with the SEC.

What is the significance of Fannie Mae's Form 10-Q filing?

The Form 10-Q provides detailed financial statements and disclosures regarding Fannie Mae's financial performance for the quarter.