For Q1 FY2026 ended March 31, 2026, Fannie Mae reported net income of $3.72 billion, up 61.2% 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 $4.1522 trillion.
•Net income of $3.72B, up 61.2% YoY.
•Diluted EPS of $0.01.
•Cash of $11.485B, equity of $112.667B.
•Long-term debt of $4.1522T.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
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 (FNMAK) 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 facilitates mortgage securitization transactions such as lender swaps, portfolio securitizations, and structured securitizations. The Multifamily segment focuses on financing for multifamily properties. Fannie Mae does not originate loans but instead works with lenders to ensure liquidity in the mortgage market, helping to make homeownership and rental housing more accessible.
Where is Federal National Mortgage Association (FNMAK) listed and what currency does it trade in?
Federal National Mortgage Association trades on the OTC Markets OTCQB exchange under the ticker symbol FNMAK. Its stock is denominated in US Dollars (USD). The OTCQB is a venture market for early-stage and developing U.S. and international companies, providing transparent trading with no minimum financial standards. As a government-sponsored enterprise, Fannie Mae's common stock is not listed on major exchanges like the NYSE or Nasdaq but trades over-the-counter. Investors should be aware that OTC markets may have lower liquidity and different reporting requirements compared to exchange-listed stocks.
What sector and industry does Federal National Mortgage Association (FNMAK) belong to?
Federal National Mortgage Association operates in the Financial Services sector, specifically within the Mortgage Finance industry. As a mortgage finance company, Fannie Mae plays a critical role in the U.S. housing market by providing liquidity, stability, and affordability. It does not directly lend to homeowners but instead purchases mortgages from lenders, packages them into mortgage-backed securities, and guarantees them against credit losses. This helps banks and other lenders free up capital to issue more loans. The company's activities are closely tied to the health of the housing market and interest rate environment.
Where is Federal National Mortgage Association (FNMAK) headquartered and what markets does it serve?
Federal National Mortgage Association is headquartered in Washington, District of Columbia, United States. It primarily serves the U.S. residential mortgage market, operating nationwide. The company was incorporated in 1938 and has been a key player in the U.S. housing finance system for decades. Fannie Mae's operations focus on the single-family and multifamily housing markets, providing financing solutions that support homeownership and rental housing across the country. Its activities are regulated by the Federal Housing Finance Agency (FHFA) and it operates under a conservatorship that began in 2008.
How does Federal National Mortgage Association (FNMAK) make money?
Federal National Mortgage Association generates revenue primarily through its mortgage acquisition and securitization activities. In the Single-Family segment, it earns guaranty fees for assuming credit risk on mortgage-backed securities (MBS) it issues. These fees are paid by lenders and are based on the outstanding principal balance of the loans. The company also generates income from its retained mortgage portfolio, which includes interest income on mortgage loans and MBS it holds. In the Multifamily segment, it earns similar guaranty fees and interest income. Additionally, Fannie Mae benefits from credit risk management services and structured securitization transactions. Its business model relies on the spread between the yield on its assets and its funding costs, as well as the credit performance of the loans it guarantees.