News release - 2009-2010 Loan Book Performing Well; Single-Family Loans Have Lowest
Early Serious Delinquency Rates in Last Decade Net Loss of $1.2 Billion in Second Quarter as Credit Performance Improves: "Fannie Mae (FNMA/OTC) reported today a net loss of $1.2 billion in the second quarter of 2010, compared to a net loss of $11.5 billion in the first quarter of the year. During the quarter, loans from Fannie Mae’s 2009-2010 book of business continued to perform solidly while credit-related expenses on the overall book of business decreased by more than $7 billion."