Fannie Mae reports a 7% increase in net income, bolstered by a robust guaranty business, while navigating multifamily market pressures and interest rate impacts.

Fannie Mae's net income jumped to its highest point in over a year amid a seasonal revenue surge that outweighed negative adjustments to credit loss provisions and fair value. Processing Content The ...

"We delivered another strong quarter of reporting net income of $4 billion up 7% from the first quarter and 20% year-over-year with net revenues of $7.6 billion." (EVP, COO & Acting CEO Peter Akwaboah ...

The $259 million provision was primarily driven by weaker property valuations, slower net operating income growth and provision for loans that became seriously delinquent. We also recognized $157 ...

Fannie Mae posted a $4 billion profit in Q2 2026, up 7% from the previous quarter, as net revenue rose 4% to $7.6 billion.

WASHINGTON, July 27, 2026 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) plans to report its second quarter 2026 financial results on Wednesday morning, July 29, 2026, before the opening of U.S. financial ...

The 15th Association of Ghana Industries (AGI) awards will be used as a platform to offer solutions that can help transition ...

The High Court in Accra has dismissed an application filed by the Bono Regional Minister, Joseph Addae Akwaboah, seeking to ...

WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced Peter Akwaboah has been appointed Executive Vice President and Chief Operating Officer (COO), effective May 20, 2024.