Fannie Mae Reports $3.9 Billion in Q3 Net Income

WASHINGTON – Fannie Mae’s third quarter 2025 financial results show it earned $3.9 billion during Q3  of 2025, compared with $3.3 billion for the second quarter of 2025. 

“Net revenues remained stable; the increase in net income from the previous quarter was driven primarily by reductions in the provision for credit losses and non-interest expense, partially offset by lower fair value gains,” Fannie Mae said.

The company said its net worth increased to $105.5 billion as of Dept.  30, 2025.

‘Trimming Expenses’

“Fannie Mae is operating with greater business focus than ever,” said Chairman William J. Pulte in a statement. “Trimming $173 million in administrative expenses since the first quarter of 2025, we have grown our net worth to over $105 billion. Fannie Mae’s strong leadership team continues to perform at a high level, with earnings up $542 million from the second quarter to $3.9 billion this quarter while reliably meeting the housing needs of borrowers and renters across the United States.”

‘Strength & Resilience’

Added CFO Chryssa C. Halley in a statement, “We delivered $3.9 billion in net income for the third quarter and $10.8 billion year to date, underscoring the strength and resilience of our earnings. Net revenues remained steady at $7.3 billion this quarter, reflecting the consistency of our guaranty fee-driven business model. Our performance underscores our commitment to the long-term financial health of Fannie Mae.”

Additional information is available here.

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