---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-22-000579"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:39:55.125346+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fannie Mae Q3 net income $2.4B, down 48% QoQ on $2.5B credit expense from lower home prices

## Summary
- Net income $2.4B vs $4.7B in Q2; net worth $58.8B, up $2.4B.
- Credit-related expense $2.5B, driven by lower actual/projected home prices (Q2: $251M).
- Net interest income $7.1B, down 9% QoQ from decline in amortization income due to rising rates.
- Single-family serious delinquency fell to 0.69% (0.81% Q2); multifamily to 0.26% (0.34% Q2).

## SEC filing metadata
- accession: 0000310522-22-000579
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310522/000031052222000579/0000310522-22-000579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052222000579/fnm-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-22-000579
- JSON: https://secwatch.observer/filing/0000310522-22-000579.json
- Plain text: https://secwatch.observer/filing/0000310522-22-000579.txt

## Key facts
- Earnings Releases
  FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported third quarter of 2022 results: net income $2.4 billion.
  - Period: third quarter of 2022
  - Net income: $2.4 billion
  - Result: reported results
  source text: Fannie Mae Reports Net Income of $2.4 Billion for Third Quarter 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052222000579/0000310522-22-000579-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.