Fannie Mae g-fee gains outweighed by loss provisions, valuations

Fannie Mae’s net interest income from its core business rose during the fourth quarter, but its net earnings fell due largely to loan-loss provision adjustments and interest rate-related negative valuation changes.

Processing Content

The government-sponsored enterprise earned $3.5 billion and generated nearly $7.3 billion net interest income during the fourth quarter of 2025. 

In comparison, its…