Fannie Mae reported a net income of $4.1 billion for the fourth quarter of 2024. For the full year 2024, the company achieved a net income of $17.0 billion, demonstrating continued strong profitability.
The financial results were disclosed with the filing of its 2024 Form 10-K with the Securities and Exchange Commission. These figures are critical for assessing Fannie Mae's financial performance and its ability to build capital.
Consistent net income is essential for Fannie Mae to increase its net worth and fulfill its mission of providing liquidity and stability to the U.S. housing market. These results reinforce the company's financial stability while operating under conservatorship.
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