Fannie Mae

Washington, D.C. | See all recipients in District of Columbia
$120B
Disbursed
$0
Returned
$189B
Revenue to Gov't
$68.8B
Profit

On Sep. 7, 2008, the government took over Fannie Mae and Freddie Mac. Under the terms of the rescue, the Treasury has invested billions to cover the companies' losses. The Fannie and Freddie bailout is separate from the broader $700 billion bailout -- known as the TARP -- and instead comes via the Housing and Economic Recovery Act of 2008, passed in July 2008. In February 2009, Treasury Secretary Tim Geithner said as much as $200 billion in taxpayer money might be put into each company. In December of 2009, the Treasury removed that cap, meaning an unlimited amount of money could be invested. In August of 2012, the Treasury announced further changes to its agreements with both Fannie and Freddie. Starting in 2013, both Fannie and Freddie began paying the Treasury dividends based on a different arrangement: Each quarter, Fannie and Freddie must make payments based on their net value above a capital reserve level. In previous years, Fannie and Freddie had paid dividends based on a 10 percent annual rate. The capital reserve level was changed to $3 billion near the end of 2017. In September 2019, the capital reserve level was changed to $25 billion.

Date Type Amount Program Description
12/31/2019 Dividend $3,977,000,000 PSI
Dividend Payment
09/30/2019 Dividend $3,365,000,000 PSI
Dividend Payment
06/30/2019 Dividend $2,361,000,000 PSI
Dividend Payment
02/25/2019 Dividend $3,241,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $6.2 billion as of December 31, 2018 minus the capital reserve amount of $3 billion.
12/31/2018 Dividend $3,975,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $7 billion as of September 30, 2018 minus the capital reserve amount of $3 billion.
09/27/2018 Dividend $4,459,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $7.5 billion as of June 30, 2018 minus the capital reserve amount of $3 billion.
06/30/2018 Dividend $938,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $3.9 billion as of March 31, 2018 minus the capital reserve amount of $3 billion.
01/01/2018 Purchase $3,687,000,000 PSI
Preferred Stock
The primary driver of changes in the company’s net income for full year 2017 and the fourth quarter of 2017 was a $9.9 billion provision for federal income taxes in the fourth quarter resulting from the remeasurement of the company's deferred tax assets due to the Tax Cuts and Jobs Act (Tax Act). As a result, Fannie Mae reported a net worth deficit of $3.7 billion as of December 31, 2017. To eliminate the company’s net worth deficit, the company expects the Director of the Federal Housing Finance Agency (FHFA) will submit a request to Treasury on the company’s behalf for $3.7 billion.
12/31/2017 Dividend $648,000,000 PSI
Dividend Payment
Originally, the dividend was based on Fannie having a net worth of $3.6 billion as of September 30, 2017 minus the capital reserve amount of $600 million. But it was reduced by $2.4 billion in a e
09/30/2017 Dividend $3,117,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $3.7 billion as of June 30, 2017 minus the capital reserve amount of $600 million.
06/30/2017 Dividend $2,779,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $3.4 billion as of March 31, 2017 minus the capital reserve amount of $600 million.
03/31/2017 Dividend $5,471,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $6.1 billion as of December 31, 2016 minus the capital reserve amount of $600 million.
12/31/2016 Dividend $2,977,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $4.1 billion as of September 30, 2016 minus the capital reserve amount of $1.2 billion.
09/30/2016 Dividend $2,869,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $4.1 billion as of June 30, 2016 minus the capital reserve amount of $1.2 billion.
06/30/2016 Dividend $919,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $2.1 billion as of March 31, 2016 minus the capital reserve amount of $1.2 billion.
03/31/2016 Dividend $2,859,000,000 PSI
Dividend
The dividend was based on Fannie having a net worth of $4.1 billion as of December 31, 2015 minus the capital reserve amount of $1.2 billion.
12/31/2015 Dividend $2,202,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $4.0 billion as of September 30, 2015 minus the capital reserve amount of $1.8 billion.
09/30/2015 Dividend $4,359,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $6.2 billion as of June 30, 2015 minus the capital reserve amount of $1.8 billion.
06/30/2015 Dividend $1,796,000,000 PSI
Dividend
The dividend was based on Fannie having a net worth of $3.6 billion as of March 31, 2015 minus the capital reserve amount of $1.8 billion.
03/30/2015 Dividend $1,920,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $3.7 billion as of December 31, 2014 minus the capital reserve amount of $1.8 billion.
12/31/2014 Dividend $3,999,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $6.4 billion as of September 30, 2014 minus the capital reserve amount of $2.4 billion.
09/30/2014 Dividend $3,712,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $6.1 billion as of June 30, 2014 minus the capital reserve amount of $2.4 billion.
06/30/2014 Dividend $5,692,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $8.1 billion as of March 30, 2014 minus the capital reserve amount of $2.4 billion.
03/30/2014 Dividend $7,191,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $9.6 billion as of December 31, 2013 minus the capital reserve amount of $2.4 billion.
12/31/2013 Dividend $8,617,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $11.6 billion as of September 30, 2013 minus the capital reserve amount of $3 billion.
09/30/2013 Dividend $10,243,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $13.2 billion as of June 30, 2013 minus the capital reserve amount of $3 billion.
06/30/2013 Dividend $59,368,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $62.4 billion at March 31, 2013 minus the capital reserve amount of $3 billion.
03/29/2013 Dividend $4,224,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a positive net worth of $7.2 billion as of December 31, 2012 minus the capital reserve amount of $3 billion.
12/31/2012 Dividend $2,928,000,000 PSI
09/30/2012 Dividend $2,929,000,000 PSI
Dividend Payment
06/30/2012 Dividend $2,929,000,000 PSI
Dividend Payment
03/31/2012 Dividend $2,817,000,000 PSI
Dividend Payment
02/29/2012 Purchase $4,571,000,000 PSI
Preferred Stock
12/31/2011 Dividend $2,622,000,000 PSI
Dividend Payment
11/09/2011 Purchase $7,791,000,000 PSI
Preferred Stock
09/30/2011 Dividend $2,494,000,000 PSI
Dividend Payment
08/05/2011 Purchase $5,087,000,000 PSI
Preferred Stock
06/30/2011 Dividend $2,282,000,000 PSI
Dividend Payment
05/06/2011 Purchase $8,500,000,000 PSI
Preferred Stock
03/31/2011 Dividend $2,216,000,000 PSI
Dividend Payment
02/24/2011 Purchase $2,600,000,000 PSI
Preferred Stock
12/31/2010 Dividend $2,154,000,000 PSI
Dividend Payment
11/05/2010 Purchase $2,500,000,000 PSI
Preferred Stock
09/30/2010 Dividend $2,116,000,000 PSI
Dividend Payment
08/05/2010 Purchase $1,500,000,000 PSI
Preferred Stock
06/30/2010 Dividend $1,907,000,000 PSI
Dividend Payment
05/10/2010 Purchase $8,400,000,000 PSI
Preferred Stock
03/31/2010 Dividend $1,527,000,000 PSI
Dividend Payment
02/26/2010 Purchase $15,300,000,000 PSI
Preferred Stock
12/31/2009 Dividend $1,151,000,000 PSI
Dividend Payment
11/04/2009 Purchase $15,000,000,000 PSI
Preferred Stock
09/30/2009 Dividend $883,000,000 PSI
Dividend Paid
08/06/2009 Purchase $10,700,000,000 PSI
Preferred Stock
06/30/2009 Dividend $409,000,000 PSI
Dividend Paid
05/08/2009 Purchase $19,000,000,000 PSI
Preferred Stock
03/31/2009 Dividend $25,000,000 PSI
Dividend Paid
03/31/2009 Purchase $15,200,000,000 PSI
Preferred Stock
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