For Q1 FY2026 ended March 31, 2026, Fannie Mae reported net income of $3.72 billion, up 161.2% year-over-year. Diluted EPS was $0.01. Cash and cash equivalents stood at $11.485 billion, total equity at $112.667 billion, and long-term debt at $4.152 trillion.
Federal National Mortgage Association financs solutions for residential mortgages in the United States. The company operates in two segments, Single-Family and Multifamily. It offers mortgage acquisitions and securitizations; and credit risk and loss management services, as well as mortgage securitization transactions
Including lender swap, portfolio securitization, and structured securitization transactions; and credit risk and loss management services. Federal National Mortgage Association was incorporated in 1938 and is based in Washington, District Of Columbia.
What does Federal National Mortgage Association (FNMA) do?
Federal National Mortgage Association, commonly known as Fannie Mae, provides financing solutions for residential mortgages in the United States. The company operates through two segments: Single-Family and Multifamily. In the Single-Family segment, it acquires and securitizes mortgages, offers credit risk and loss management services, and conducts mortgage securitization transactions such as lender swaps, portfolio securitizations, and structured securitizations. The Multifamily segment focuses on similar services for multifamily properties. Fannie Mae plays a key role in the U.S. housing finance system by ensuring liquidity, stability, and affordability in the mortgage market.
Where is Fannie Mae (FNMA) listed and what currency does it trade in?
Fannie Mae's common stock trades on the OTC Markets OTCQB exchange under the ticker symbol FNMA. The stock is denominated in U.S. dollars (USD). As an over-the-counter listing, FNMA is not listed on major exchanges like the NYSE or Nasdaq, but it is still actively traded. Investors should be aware that OTC stocks may have lower liquidity and different reporting requirements compared to exchange-listed securities.
What sector and industry does Federal National Mortgage Association belong to?
Federal National Mortgage Association operates in the Financial Services sector, specifically within the Mortgage Finance industry. This means the company is primarily involved in providing financing and services related to residential mortgages. As a government-sponsored enterprise (GSE), Fannie Mae does not originate loans directly but instead buys mortgages from lenders, packages them into mortgage-backed securities, and guarantees them, thereby facilitating the flow of funds into the housing market.
Where is Fannie Mae headquartered and what markets does it serve?
Fannie Mae is headquartered in Washington, District of Columbia, United States. The company serves the entire U.S. residential mortgage market, focusing on both single-family and multifamily properties. Its operations are concentrated in the United States, and it does not have significant international exposure. By providing liquidity to the mortgage market, Fannie Mae helps make homeownership and rental housing more accessible across the country.
How does Fannie Mae make money?
Fannie Mae generates revenue primarily through its mortgage securitization activities and credit risk management services. In its Single-Family segment, the company earns guarantee fees for assuming credit risk on mortgage-backed securities it issues. It also profits from the spread between the interest earned on mortgage loans held in its portfolio and the cost of funding those loans. The Multifamily segment similarly earns fees and interest income. Additionally, Fannie Mae engages in lender swap transactions, portfolio securitizations, and structured securitizations, which provide further revenue streams. The company's business model relies on efficient capital markets and maintaining low credit losses.