---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-23-000590"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:03:35.571950+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fannie Mae Q3 2023 net income $4.7B, net worth $73.7B; down 6% QoQ

## Summary
- Net income $4,699M vs $4,994M Q2 2023, down $295M QoQ; net worth rose to $73.7B.
- Benefit for credit losses $652M vs $1,266M in Q2, driven by home-price increases.
- Fair value gains $795M vs $404M in Q2, due to rising interest rates.
- Single-family SDQ 0.54%, multifamily SDQ 0.54% (up from 0.37% Q2).
- Other expenses include $491M for jury verdict and prejudgment interest for preferred shareholders.

## SEC filing metadata
- accession: 0000310522-23-000590
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310522/000031052223000590/0000310522-23-000590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052223000590/fnm-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-23-000590
- JSON: https://secwatch.observer/filing/0000310522-23-000590.json
- Plain text: https://secwatch.observer/filing/0000310522-23-000590.txt

## Key facts
- Earnings Releases
  FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported third quarter of 2023 results: net income $4.7 billion.
  - Period: third quarter of 2023
  - Net income: $4.7 billion
  - Result: reported results
  source text: Fannie Mae Reports Net Income of $4.7 Billion for Third Quarter 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052223000590/0000310522-23-000590-index.htm

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