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Fannie Mae Reports Fourth-Quarter and Full-Year 2009 Results

“Fannie Mae today reported its fourth-quarter and full-year 2009 results and filed its annual report on Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the full year of 2009.

  • News Release reporting fourth-quarter and full-year 2009 financial results: “Fannie Mae reported a net loss of $15.2 billion in the fourth quarter of 2009, compared with a net loss of $18.9 billion in the third quarter of 2009. Including $1.2 billion of dividends on our senior
    preferred stock held by the U.S. Department of Treasury, the net loss attributable to common stockholders was $16.3
    billion, or ($2.87) per diluted share, in the fourth quarter of 2009, compared with a loss of $19.8 billion, or ($3.47) per
    diluted share, in the third quarter of 2009. Our fourth-quarter results were driven primarily by credit expenses, which
    declined from the third quarter but remained at an elevated level, and our recognition of a $5.0 billion loss on our low
    income housing tax credit investments.”

  • Fannie Mae’s annual report on Form 10-K
  • 2009 Credit Supplement

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