FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE — fact timeline
Source-grounded facts extracted from FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FNMAFEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAEJSON
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported first quarter of 2026 results: revenue net revenues of $7.3 billion, net income $3.7 billion in net income.
“and other disclosures, can be found on our Quarterly and Annual Results webpage at fanniemae.com/financialresults. First Quarter 2026 Key Metrics $3.7 billion $112.7 billion $7.3 billion Net Income Net Worth Net Revenues (1) ($3.5 billion in 4Q 2025) ($109.0 billion in 4Q 2025) ($7.3 billion in 4Q 2025) $4.1 trillion 10.2% 10.4% Guaranty Book of Business”
Omeed Malik was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On April 14, 2025, Omeed Malik was appointed to the Board of Directors of Fannie Mae, effective as of that date.”
Michael Stucky was appointed as Vice Chair of the Board at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On April 10, 2025 and effective as of that date, Fannie Mae’s Board of Directors appointed Mr. Stucky to serve as Vice Chair of the Board.”
Christopher Stanley resigned as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On March 18, 2025, Christopher Stanley notified us of his resignation from Fannie’s Mae Board of Directors, effective as of that date.”
Michael Stucky was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky”
Christopher Stanley was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky”
William J. Pulte was appointed as Chairman of the Board of Directors at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky Mr. Pulte will serve as Chairman of the Board of Directors.”
Clinton Jones was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky”
Michael A. Seelig was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Chetlur S. Ragavan was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Diane C. Nordin was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Diane N. Lye was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Simon Johnson was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Michael J. Heid was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Christopher J. Brummer was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Amy E. Alving was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig”
Scott D. Stowell was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On November 5, 2024, Scott D. Stowell was appointed to the Board of Directors of Fannie Mae effective as of that date.”
Robert H. Herz resigned as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“Robert H. Herz notified Fannie Mae of his resignation from the Fannie Mae Board of Directors, and his resignation was accepted. Mr. Herz’s resignation will be effective June 30, 2024.”
Diane N. Lye was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On May 10, 2024, Diane N. Lye was appointed to the Board of Directors of Fannie Mae (formally, the Federal National Mortgage Association), effective as of that date.”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported first quarter of 2024 results: net income $4.3 billion net income for the first quarter of 2024.
“On April 30, 2024, Fannie Mae filed its quarterly report on Form 10-Q for the quarter ended March 31, 2024 and is issuing a press release reporting its financial results for the periods covered by the Form 10-Q. Copies of the press release and a financial supplement are furnished as Exhibits 99.1 and 99.2, respectively, to this report and are incorporated herein by reference.”
Priscilla Almodovar was appointed as President and Chief Executive Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“Fannie Mae’s Board of Directors appointed Priscilla Almodovar to succeed Mr. Benson as President in addition to her role as Chief Executive Officer.”
David C. Benson resigned as President at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“David C. Benson would retire as President of Fannie Mae”
Peter Akwaboah was appointed as Executive Vice President and Chief Operating Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On February 17, 2024, Peter Akwaboah was appointed as Executive Vice President and Chief Operating Officer of Fannie Mae (formally, the Federal National Mortgage Association).”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported fourth quarter 2023 results: net income $3.9 billion.
“ontact: Pete Bakel Resource Center: 1-800-232-6643 202-752-2034 Exhibit 99.1 Date: February 15, 2024 Fannie Mae Reports Net Income of $17.4 Billion for 2023 and $3.9 Billion for Fourth Quarter 2023 • $17.4 billion annual net income and $3.9 billion fourth quarter 2023 net income, with net worth reaching $77.7 billion as of December 31, 2023 “The fourth quarter capped another successful year.”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported the year ended December 31, 2023 results: net income $17.4 billion.
“Fannie Mae Reports Net Income of $17.4 Billion for 2023”
Danielle McCoy was appointed as General Counsel and Corporate Secretary at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“The Board also appointed Danielle McCoy, Fannie Mae’s Senior Vice President, Deputy General Counsel and Deputy Corporate Secretary, to succeed Mr. Theologides as General Counsel and Corporate Secretary, effective upon Mr. Theologides assuming the role of Chief Administrative Officer.”
Stergios "Terry" Theologides was appointed as Executive Vice President and Chief Administrative Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“Fannie Mae’s Board of Directors appointed Stergios “Terry” Theologides, Fannie Mae’s current Executive Vice President, General Counsel, and Corporate Secretary, to succeed Mr. Hayward as Executive Vice President and Chief Administrative Officer, effective the day following Mr. Hayward’s departure.”
Jeffery R. Hayward departed as Executive Vice President and Chief Administrative Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On November 9, 2023, Jeffery R. Hayward, Fannie Mae’s Executive Vice President and Chief Administrative Officer, notified Fannie Mae that he intends to retire on December 31, 2023.”
Priscilla Almodovar was appointed as President at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On November 14, 2023, Fannie Mae’s Board of Directors appointed Priscilla Almodovar, Fannie Mae’s Chief Executive Officer, age 56, as President in addition to her role as Chief Executive Officer.”
David C. Benson departed as President at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On November 9, 2023, David C. Benson, President of Fannie Mae (formally, the Federal National Mortgage Association), notified Fannie Mae that he intends to retire in early-to-mid 2024.”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported third quarter of 2023 results: net income $4.7 billion.
“Fannie Mae Reports Net Income of $4.7 Billion for Third Quarter 2023”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported the quarter ended June 30, 2023 results: revenue $7,105, net income $4,994.
“Second Quarter 2023 Results 1 Summary of Financial Results (Dollars in millions) Q223 Q123 Variance % Change Q222 Variance % Change Net interest income $ 7,035 $ 6,786 $ 249 4 % $ 7,808 $ (773) (10) % Fee and other income 70 63 7 11 % 81 (11) (14) % Net revenues 7,105 6,849 256 4 % 7,889 (784) (10) % Investment gains (losses), net 25 (67) 92 NM (49) 74 NM Fair value gains, net 404 204 200 98 % 529 (125) (24) % Administrative expenses (864) (868) 4 — % (795) (69) (9) % Benefit (provision) for credit losses 1,266 (132) 1,398 NM (218) 1,484 NM TCCA fees (856) (855) (1) — % (841) (15) (2) % Credit enhancement expense (1) (384) (341) (43) (13) % (332) (52) (16) % Change in expected credit enhancement recoveries (160) 120 (280) NM (47) (113) NM Other expenses, net (2) (257) (130) (127) (98) % (261) 4 2 % Income before federal income taxes 6,279 4,780 1,499 31 % 5,875 404 7 % Provision for federal income taxes (1,285) (1,008) (277) (27) % (1,222) (63) (5) % Net income $ 4,994 $ 3,772 $ 1,222”
Chetlur S. Ragavan was appointed as Board of Directors at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On June 2, 2023, Chetlur S. Ragavan was appointed to the Board of Directors of Fannie Mae (formally, the Federal National Mortgage Association), effective as of that date.”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported first quarter 2023 results: revenue 6,849, net income $3,772.
“First Quarter 2023 Results 1 Summary of Financial Results (Dollars in millions) Q123 Q422 Variance % Change Q122 Variance % Change Net interest income $ 6,786 $ 7,092 $ (306) (4) % $ 7,399 $ (613) (8) % Fee and other income 63 43 20 47 % 83 (20) (24) % Net revenues 6,849 7,135 (286) (4) % 7,482 (633) (8) % Investment gains (losses), net (67) 26 (93) NM (102) 35 34 % Fair value gains (losses), net 204 (17) 221 NM 480 (276) (58) % Administrative expenses (868) (856) (12) (1) % (808) (60) (7) % Provision for credit losses (132) (3,283) 3,151 96 % (240) 108 45 % TCCA fees (855) (854) (1) — % (824) (31) (4) % Credit enhancement expense (1) (341) (349) 8 2 % (278) (63) (23) % Change in expected credit enhancement recoveries 120 424 (304) (72) % 60 60 100 % Other expenses, net (2) (130) (306) 176 58 % (197) 67 34 % Income before federal income taxes 4,780 1,920 2,860 149 % 5,573 (793) (14) % Provision for federal income taxes (1,008) (494) (514) (104) % (1,165) 157 13 % Net income $ 3,772 $ 1”
Michael Seelig was appointed as Board of Directors at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On March 13, 2023, Michael Seelig was appointed to the Board of Directors of Fannie Mae (formally, the Federal National Mortgage Association), effective as of that date.”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported fourth quarter 2022 results: net income $1.4 billion.
“Fannie Mae Reports Net Income of $12.9 Billion for 2022 and $1.4 Billion for Fourth Quarter 2022”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported full year 2022 results: net income $12.9 billion.
“Fannie Mae Reports Net Income of $12.9 Billion for 2022 and $1.4 Billion for Fourth Quarter 2022”
Earnings Releases
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported third quarter of 2022 results: net income $2.4 billion.
“Fannie Mae Reports Net Income of $2.4 Billion for Third Quarter 2022”
Priscilla Almodovar was appointed as Chief Executive Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On September 28, 2022, Fannie Mae (formally, the Federal National Mortgage Association) appointed Priscilla Almodovar as Chief Executive Officer and a member of the Board of Directors of the company.”
David C. Benson was appointed as Interim Chief Executive Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“the Fannie Mae Board of Directors appointed company President David C. Benson to also serve as Interim Chief Executive Officer and as a Board member of the company, effective May 1, 2022, subject to final approval by the Federal Housing Finance Agency.”
Michael J. Heid was appointed as Board Chair at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“the Fannie Mae Board of Directors has appointed Michael J. Heid as Board Chair effective May 1, 2022.”
Hugh R. Frater resigned as Chief Executive Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“Fannie Mae Chief Executive Officer Hugh R. Frater notified the company that he will resign as CEO and as a Board member effective May 1, 2022.”
Antony Jenkins resigned as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“Antony Jenkins notified Fannie Mae’s Board of Directors of his resignation from the Board of Directors effective May 1, 2022, as he plans to devote more time to his other corporate and civic engagements.”
Sheila C. Bair resigned as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“Sheila C. Bair notified Fannie Mae’s Board of Directors of her resignation from the Board of Directors effective May 1, 2022, as she plans to devote more time to her other professional and civic engagements.”
Kimberly H. Johnson resigned as Executive Vice President and Chief Operating Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
“On March 25, 2022, Kimberly H. Johnson, Executive Vice President and Chief Operating Officer of Fannie Mae (formally, the Federal National Mortgage Association), notified Fannie Mae that she is resigning from her position effective April 25, 2022.”
David Benson changed role as Interim Chief Financial Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.