Key facts
- Fannie Mae reported $4.2 billion net income in Q3 2026.
- Freddie Mac's Q3 profit declined due to higher projected mortgage rates.
- Pennymac posted a $29 million profit in Q3.
- Rocket reported $709 million profit in Q3.
- ICE's mortgage tech revenue grew in Q3.
- Better reported $22.9 million in annualized savings.
HousingWire reported on the third-quarter 2026 earnings of mortgage, real estate, and homebuilder companies. Fannie Mae reported a net income of $4.2 billion, while Freddie Mac's profit declined due to increased credit-loss provisions related to higher projected mortgage rates. Pennymac posted a $29 million profit, and Rocket reported $709 million in profit despite a tougher mortgage market. ICE saw growth in mortgage technology revenue, while Better reported significant annualized savings from its turnaround efforts. In homebuilding, Century and Meritage ended the quarter with excess inventory, and builder inventory-to-backlog ratios flagged speculative risk.