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Federal National Mortgage Association Fannie Mae (Federal National Mortgage Association Fannie Mae) Credit Losses Provision : $-1,982.00 Mil (As of Mar. 2024)


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What is Federal National Mortgage Association Fannie Mae Credit Losses Provision?

Federal National Mortgage Association Fannie Mae's credit losses provision for the three months ended in Mar. 2024 was $-180.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,982.00 Mil.

Federal National Mortgage Association Fannie Mae's quarterly credit losses provision increased from Sep. 2023 ($-652.00 Mil) to Dec. 2023 ($116.00 Mil) but then declined from Dec. 2023 ($116.00 Mil) to Mar. 2024 ($-180.00 Mil).

Federal National Mortgage Association Fannie Mae's annual credit losses provision increased from Dec. 2021 ($-5,130.00 Mil) to Dec. 2022 ($6,277.00 Mil) but then declined from Dec. 2022 ($6,277.00 Mil) to Dec. 2023 ($-1,670.00 Mil).


Federal National Mortgage Association Fannie Mae Credit Losses Provision Historical Data

The historical data trend for Federal National Mortgage Association Fannie Mae's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Federal National Mortgage Association Fannie Mae Credit Losses Provision Chart

Federal National Mortgage Association Fannie Mae Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,011.00 678.00 -5,130.00 6,277.00 -1,670.00

Federal National Mortgage Association Fannie Mae Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.00 -1,266.00 -652.00 116.00 -180.00

Federal National Mortgage Association Fannie Mae Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,982.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Federal National Mortgage Association Fannie Mae (Federal National Mortgage Association Fannie Mae) Business Description

Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.