Fannie Mae Reports Strong Q2 2025 Financial Results

Federal National Mortgage ( (FNMA) ) has released its Q2 earnings. Here is a breakdown of the information Federal National Mortgage presented to its investors.

Fannie Mae, officially known as the Federal National Mortgage Association, operates as a government-sponsored enterprise in the housing finance sector, primarily focusing on providing liquidity and stability to the U.S. mortgage market through its mortgage-backed securities and credit enhancement services.

In the second quarter of 2025, Fannie Mae reported robust financial results, achieving a net income of $3.3 billion and growing its net worth to $101.6 billion. The company highlighted its operational efficiency, which led to a significant reduction in administrative expenses by 15% compared to the previous quarter.

Key financial metrics for the quarter included net revenues of $7.2 billion, primarily driven by guaranty fee income from its $4.1 trillion guaranty book of business. The company also recorded a provision for credit losses of $946 million, reflecting lower actual and projected home price growth. Additionally, Fannie Mae provided $102 billion in liquidity, facilitating the financing of approximately 381,000 home purchases, refinancings, and rental units.

Fannie Mae’s single-family and multifamily segments both demonstrated strong performance, with a decrease in serious delinquency rates and an increase in guaranty fees. The single-family segment saw a decrease in acquisition volume but maintained strong credit characteristics, while the multifamily segment experienced growth in its guaranty book and a reduction in delinquency rates.

Looking ahead, Fannie Mae remains committed to its mission of supporting the U.S. housing market by enhancing operational efficiencies and maintaining a strong financial position, as indicated by the company’s management.