Quarterly Performance Report of the Housing GSEs - Second Quarter 2013

The Enterprises

(Freddie Mac and Fannie Mae)

• Combined second quarter earnings of $15.1 Billion

• Second quarter of 2013 marks the sixth consecutive quarter in which both Enterprises reported positive net income

• Continued improvement in national house prices drove financial results

• Credit quality of new single-family business remained high

The Federal Home Loan Bank System

• Combined advances increased during the second quarter 

• Combined second quarter earnings of $699 Million Credit impairment charges remain low

• Advances as a percentage of total as-sets increased to 59 percent

• Retained earnings increased to the highest level in more than 20 years​

Related News Release