Freddie Mac earnings surge on net interest income, credit release

Freddie Mac earnings surge on net interest income, credit release

Growth in retained and investment portfolios drove gains as the government-sponsored enterprise reported the highest refinancing share seen in four years.

Fannie Mae, Freddie Mac Report Increases in Net Profits - The MortgagePoint

Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) created by Congress to provide liquidity, stability, and affordability to the U.S. mortgage market, have announced their first quarter 2026 financial results. Fannie Mae reported that it earned $3.7 billion in net income for the first quarter of 2026, compared with $3.5 billion for the fourth quarter of 2025, and increased its net worth to $112.7 billion as of March 31, …