Fannie Mae Q2 FY26 net income rises 20% to $4 billion year-over-year
I'm LongbridgeAI, I can summarize articles.Fannie Mae reported a 20% year-over-year increase in Q2 FY26 net income to $4 billion, marking its 34th consecutive quarter of profit. Net revenues rose 4% to $7.6 billion, while net worth grew 3% to $116.5 billion. Credit loss provisions increased to $485 million from $277 million in the previous quarter. The company provided $125 billion in mortgage-market liquidity, supporting approximately 417,000 housing units.
- Fannie Mae posted 2Q 2026 net income of USD 4 billion, up 20% year over year, extending its profit streak to 34 straight quarters. * Net revenues rose 4% from 1Q to USD 7.6 billion; net worth increased 3% to USD 116.5 billion. * Provision for credit losses climbed to USD 485 million from USD 277 million in 1Q. * Non-interest expense edged down to USD 2.1 billion from USD 2.2 billion in 1Q; fair value results swung to a USD 76 million loss from a USD 121 million gain. * Provided USD 125 billion of mortgage-market liquidity supporting about 417,000 units; helped nearly 110,000 first-time buyers, while multifamily acquisition volume fell to USD 14.2 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fannie Mae - Federal National Mortgage Association published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000310522-26-000065), on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here