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Federal National Mortgage Association

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As the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's economic recovery and laying the foundation for a better housing finance system. We guarantee and purchase loans fro m mortgage lenders to ensure families can buy homes, refinance, or rent a good home.

In the past five years, we have taken actions to improve our financial performance, build a profitable new book of business‚ and reduce losses on our legacy book. Fannie Mae's strong third quarter 2013 results were driven primarily by continued stable revenues and credit-related income, resulting in net income of $8.7 billion for the quarter, our seventh consecutive quarterly profit.

From January 1, 2009 through September 30, 2013, Fannie Mae provided approximately $3.9 trillion in liquidity, which enabled 3.4 million home purchases

and 12.0 million mortgage refinancings. We also enabled financing for 2.0 million units of multifamily rental housing during this period.

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Federal National Mortgage Association:As the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's economic recovery and laying the foundation for a better housing finance system.


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