secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE (FNMA)
CIK:        0000310522
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000310522-24-000633
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fannie Mae Q3 net income $4.0B down 10% QoQ and 14% YoY; net worth $90.5B
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- Net income $4.04B, down from $4.48B in Q2 2024 and $4.70B in Q3 2023.
- Net worth $90.5B, up $4.0B from Q2; 27th consecutive quarter of positive net income.
- Single-family net income $3.51B, multifamily $530M; multifamily provision for credit losses $424M.
- Single-family serious delinquency rate 0.52% (up from 0.48% Q2); multifamily 0.56% (up from 0.44%).
- Provided $106B liquidity, financing 383,000 households; acquired 231,000 single-family purchase loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310522/000031052224000633/0000310522-24-000633-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310522/000031052224000633/fnm-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000310522-24-000633

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