Key facts
- Fannie Mae reported $4.2 billion in net income for Q3 2026.
- Net income rose 5% from the previous quarter.
- Net worth reached $119.6 billion as of Sept. 30.
- Provision for credit losses more than doubled to $1.1 billion.
- Single-family net income increased to $3.6 billion.
- Multifamily net income fell to $535 million.
Fannie Mae reported $4.2 billion in net income for the third quarter of 2026, a 5% increase from the previous quarter, driven by higher net interest income and fair value gains that offset increased provisions for credit losses. The government-sponsored enterprise's net worth reached $119.6 billion as of Sept. 30, up 3% from the end of the second quarter. The company provided $103 billion in liquidity to the mortgage market during the quarter, supporting approximately 194,000 home purchases, 66,000 refinancings and 96,000 rental units. The provision for credit losses more than doubled to $1.1 billion.