Federal National Mortgage ( (FNMA) ) has released its Q1 earnings. Here is a breakdown of the information Federal National Mortgage presented to its investors.
Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise that provides liquidity and stability to the U.S. housing market by purchasing and guaranteeing mortgages, primarily in the single-family and multifamily sectors.
Fannie Mae reported a net income of $3.7 billion for the first quarter of 2025, with its net worth reaching $98.3 billion. The company emphasized its commitment to operational efficiency and its role in supporting the U.S. housing market.
Key financial highlights include $76 billion in liquidity provided to the housing market, facilitating approximately 287,000 home transactions, including 74,000 for first-time homebuyers. The company’s revenue was primarily driven by guaranty fees from its $4.1 trillion guaranty book of business. The single-family segment generated $5.9 billion in revenues, while the multifamily segment contributed $1.2 billion.
The company maintained strong credit characteristics, with a low delinquency rate in both single-family and multifamily segments. Fannie Mae’s strategic focus remains on enhancing housing affordability and stability, with significant investments in workforce and affordable housing.
Looking ahead, Fannie Mae’s management remains optimistic about the company’s ability to continue supporting the housing market while enhancing its operational efficiency and financial performance.