Federal National Mortgage ( (FNMA) ) has released its Q3 earnings. Here is a breakdown of the information Federal National Mortgage presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Fannie Mae, officially known as the Federal National Mortgage Association, is a leading player in the U.S. housing finance sector, primarily involved in providing liquidity to the mortgage market by purchasing and guaranteeing mortgages. The company operates under the conservatorship of the U.S. government, focusing on supporting affordable housing and maintaining a robust guaranty book of business.
In the third quarter of 2025, Fannie Mae reported a net income of $3.9 billion, marking its 31st consecutive quarter of profitability. The company’s net revenues remained stable at $7.3 billion, with a slight increase in guaranty fee income. The net worth of the company grew to $105.5 billion, reflecting a significant increase since the beginning of 2020.
Key financial highlights include a $542 million increase in net income from the previous quarter, driven by reductions in credit loss provisions and non-interest expenses. The company’s efficiency ratio improved to 29.3%, and the return on average required CET1 capital rose to 10.3%. Fannie Mae’s single-family and multifamily acquisition volumes increased, with a notable rise in liquidity provided to the mortgage market, supporting first-time homebuyers and low-income renters.
The company’s strategic focus on affordable housing is evident with the expected rise in low-income housing tax credit investments. Fannie Mae’s stress test results under the Dodd-Frank Act further demonstrate its capability to support the housing market during economic stress.
Looking forward, Fannie Mae’s management remains committed to maintaining financial stability and supporting the housing needs of borrowers and renters across the United States, while continuing to enhance its operational efficiency and market presence.