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:   2026-04-29T23:59:59+00:00
Accession:  0000310522-26-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fannie Mae Q1 2026 net income $3.7B; net worth rises to $112.7B
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- Net income of $3.7B, up from $3.5B in Q4 2025; 33rd consecutive quarterly profit.
- Net revenues flat at $7.3B; administrative expenses fell 19% QoQ to $745M.
- Single-family net income $3.174B (+19% QoQ); multifamily net income $546M (-36% QoQ).
- Net worth $112.7B, up $99.2B since start of 2020; illustrative CET1 return 10.4%.
- Single-family serious delinquency stable at 0.58%; multifamily rate rose to 0.78%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310522/000031052226000041/0000310522-26-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310522/000031052226000041/fnm-20260429.htm
  HTML page:      https://secwatch.observer/filing/0000310522-26-000041

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