- Q4 net income of $6.5B brings full year net income to $84B, aided by the release of the valuation allowance on the DTAs.
- "While Fannie Mae (FNMA) expects to be profitable for the foreseeable future, the company does not expect to repeat its 2013 financial results, as those results were positively affected by the release of the company’s valuation allowance against its deferred tax assets, a significant increase in home prices during the year, and the large number of resolutions the company reached relating to representation and warranty matters and servicing matters."
- The company will pay Treasury $7.2B in dividends in March, bringing the total to $121.1B vs. draws of $116.1B.
- Full report
Check out Seeking Alpha’s new Earnings Center »
From other sites
Federal National Mortgage Assctn Fnni Me : News Release - Fannie Mae Connecticut Avenue Securities ...at 4-traders.com (Mar 24, 2015)
Federal National Mortgage Assctn Fnni Me : News Release - A Soft Start to 2015, but Acceleration ...at 4-traders.com (Mar 23, 2015)
at 4-traders.com (Mar 23, 2015)
at Zacks.com (Feb 23, 2015)
at CNBC.com (Jan 26, 2015)
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