Federal National Mortgage Association (FNMA), Thursday reported a decline in third quarter earnings, while revenues were slightly up, compared to the prior year.
The quarterly earnings were $4.044 billion, down from $4.699 billion last year, primarily due to a decrease in fair value gains and benefit for credit losses.
The Provision for federal income taxes were $1.009 billion, lower than the prior-year provision of $1.120 billion.
Revenue increased to $7.341 billion from $7.296 billion in the previous year.
Currently, Fannie Mae's stock is trading at $1.41, down 1.39 percent on the OTC Markets.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.