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:   2025-07-30T23:59:59+00:00
Accession:  0000310522-25-000467
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fannie Mae Q2 2025 net income $3.3B, net worth tops $100B; earnings down 26% YoY
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- Net income of $3.3B, down 26% from $4.5B in Q2 2024; 30th consecutive profitable quarter.
- Net worth grew to $101.6B, up $3.3B from Q1; $88.1B added since 2020.
- Provision for credit losses of $946M vs benefit of $300M a year ago, on lower home price growth.
- Administrative expenses fell 15% from Q1 to $847M, saving $256M in non-interest costs.
- Single-family serious delinquency rate improved to 0.53%; multifamily to 0.61%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310522/000031052225000467/0000310522-25-000467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310522/000031052225000467/fnm-20250730.htm
  HTML page:      https://secwatch.observer/filing/0000310522-25-000467

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer