Earnings ·
Fannie Mae reported net income of $4.0 billion for the second quarter ended June 30, 2026, an increase from $3.7…
FNMANFederal National Mortgage Association Fannie Mae
Fannie Mae reported net income of $4.0 billion for the second quarter ended June 30, 2026, an increase from $3.7 billion in the first quarter and a 20% rise year-over-year. Net revenues grew to $7.6 billion, driven by higher net interest income and deferred guaranty fees, while the provision for credit losses increased to $485 million. The company's net worth reached $116.5 billion as of June 30, 2026, with an illustrative return on average required CET1 capital of 10.8%. Fannie Mae operates in the secondary mortgage market, providing liquidity and guaranteeing mortgage-backed securities.