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SEC Filings

10-Q
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE filed this Form 10-Q on 05/06/2011
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Table of Contents

mortgage-related assets, both on- and off-balance sheet, our guaranty book of business excludes non-Fannie Mae mortgage-related securities held in our portfolio for which we do not provide a guaranty.
 
Mortgage Credit Book of Business
 
Table 33 displays the composition of our entire mortgage credit book of business as of the periods indicated. Our total single-family mortgage credit book of business accounted for 93% of our total mortgage credit book of business as of both March 31, 2011 and December 31, 2010.
 
The total mortgage credit book of business is not impacted by our repurchase of delinquent loans as this activity is a reclassification from loans of consolidated trusts to loans of Fannie Mae.
 
Table 33:  Composition of Mortgage Credit Book of Business(1)
 
                                                 
    As of March 31, 2011  
    Single-Family     Multifamily     Total  
    Conventional(2)     Government(3)     Conventional(2)     Government(3)     Conventional(2)     Government(3)  
    (Dollars in millions)  
 
Mortgage assets:
                                               
Mortgage loans(4)
  $ 2,799,337     $ 52,516     $ 171,425     $ 453     $ 2,970,762     $ 52,969  
Fannie Mae MBS(5)(7)
    6,177       1,543             2       6,177       1,545  
Agency mortgage-related securities(5)(6)
    15,616       1,186             32       15,616       1,218  
Mortgage revenue bonds(5)
    2,140       1,077       7,192       1,599       9,332       2,676  
Other mortgage-related securities(5)
    42,475       1,629       24,844       15       67,319       1,644  
                                                 
Total mortgage assets
    2,865,745       57,951       203,461       2,101       3,069,206       60,052  
Unconsolidated Fannie Mae MBS(5)(7)
    1,814       16,985       37       1,791       1,851       18,776  
Other credit guarantees(8)
    16,191       2,949       16,536       380       32,727       3,329  
                                                 
Mortgage credit book of business
  $ 2,883,750     $ 77,885     $ 220,034     $ 4,272     $ 3,103,784     $ 82,157  
                                                 
Guaranty book of business
  $ 2,823,519     $ 73,993     $ 187,998     $ 2,626     $ 3,011,517     $ 76,619  
                                                 
 


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