Is it time to celebrate yet? Fannie Mae Reports Net Income of $5.1 Billion

WASHINGTON, DC – Fannie Mae (FNMA/OTC) today reported its second-quarter 2012 results and filed its quarterly report on Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the second quarter of 2012. The following documents are now available on Fannie Mae’s Web site at www.fanniemae.com:

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by purchasing or guaranteeing mortgage loans originated by mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.