---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-25-000513"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:45:46.991467+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fannie Mae Q3 net income $3.9B, up 16% QoQ; net worth reaches $105.5B

## Summary
- Net income of $3.9B vs $3.3B in Q2; 31st consecutive quarterly profit.
- Net revenues stable at $7.3B; single-family net income $3.085B, multifamily $774M.
- Provision for credit losses fell to $338M from $946M in Q2; efficiency ratio improved to 29.3%.
- Net worth grew to $105.5B (from $101.6B); illustrative return on avg req CET1 capital 10.3%.
- Single-family acquisition volume $90.4B; multifamily book surpassed $520B.

## SEC filing metadata
- accession: 0000310522-25-000513
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2025-10-29T23:59:59+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/310522/000031052225000513/0000310522-25-000513-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052225000513/fnm-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-25-000513
- JSON: https://secwatch.observer/filing/0000310522-25-000513.json
- Plain text: https://secwatch.observer/filing/0000310522-25-000513.txt

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