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:   2026-02-11T23:59:59+00:00
Accession:  0000310522-26-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fannie Mae Q4 net income $3.5B (down 9% QoQ), FY net income $14.4B (down 15% YoY)
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- Net income Q4 $3.5B vs $3.9B Q3; full year $14.4B vs $16.98B in 2024.
- Net worth grew to $109.0B, up $14.4B from end of 2024; record level.
- Net revenues stable at $7.3B Q4 and $29.0B full year; non-interest expenses down $141M from 2024.
- Single-family net income $2.677B Q4 (down 13% QoQ); multifamily $850M (up 10% QoQ).
- Serious delinquency rates increased: single-family 0.58% (from 0.54%), multifamily 0.74% (from 0.68%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310522/000031052226000016/0000310522-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310522/000031052226000016/fnm-20260211.htm
  HTML page:      https://secwatch.observer/filing/0000310522-26-000016

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