---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-24-000240"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:54:18.741280+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fannie Mae Q1 net income $4.3B, 25th consecutive positive quarter; net worth $82B

## Summary
- Net income $4.3B, up $377M from Q4 2023; net worth rose $4.3B to $82.0B.
- Single-family net income $3.6B (+$303M QoQ); multifamily $713M (+$74M QoQ).
- Benefit for credit losses $180M vs provision $116M in Q4; single-family SDQ rate improved to 0.51%.
- Provided $72B in liquidity financing ~280,000 homes/rentals in Q1 2024.
- Entire net income ($4.3B) paid as dividends to Treasury on senior preferred stock; common stockholders saw $0 EPS.

## SEC filing metadata
- accession: 0000310522-24-000240
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/310522/000031052224000240/0000310522-24-000240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052224000240/fnm-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-24-000240
- JSON: https://secwatch.observer/filing/0000310522-24-000240.json
- Plain text: https://secwatch.observer/filing/0000310522-24-000240.txt

## Key facts
- Earnings Releases
  FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported first quarter of 2024 results: net income $4.3 billion net income for the first quarter of 2024.
  - Period: first quarter of 2024
  - Net income: $4.3 billion net income for the first quarter of 2024
  - Result: reported results
  source text: On April 30, 2024, Fannie Mae filed its quarterly report on Form 10-Q for the quarter ended March 31, 2024 and is issuing a press release reporting its financial results for the periods covered by the Form 10-Q. Copies of the press release and a financial supplement are furnished as Exhibits 99.1 and 99.2, respectively, to this report and are incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052224000240/0000310522-24-000240-index.htm

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