Stability through Innovation

May 01, 2018

Our work to transform the company is producing solid results for taxpayers and our innovations are creating a better, more stable housing finance system. In the first quarter of 2018, we reported $2.2 billion in comprehensive income for the quarter.

Our results this quarter provide a particularly clear view of our earnings capacity and the progress we’ve made in fulfilling our mission by creating a better housing finance system.

CEO Donald H. Layton, May 1, 2018

The first quarter is the latest indication of the stability of our earnings and our impressive record of innovation–through a steady stream of real improvements by all three business lines. Over the past 12 months, we have:

  • Reported $6.4 billion in net income
  • Provided $410 billion in mortgage funding to the market
  • Returned $112.4 billion to taxpayers, nearly 60% more than we received from the U.S. Treasury
  • Made home possible for 312,000 first-time homebuyers


  • Since 2013, we've transferred a portion of credit risk on over $1 trillion of mortgages away from taxpayers
  • The vast majority of the apartment units we fund are affordable to low– and moderate–income households
  • Since 1970, we've made home possible more than 77 million times

See how we're building a better housing finance system for homebuyers, renters, lenders, investors and taxpayers.