Fannie Mae Says It’s $262B Short Of Being Fully Capitalized

National Mortgage Professional, July 29, 2022–David Krechevsky
Fannie Mae reported second-quarter net income of $4.7 billion, up 6.8% from $4.4 billion in the first quarter but down 34.7% from $7.2 billion in the second quarter of last year. It attributed the quarterly gain in net income primarily to an increase in net interest income.