Federal National Mortgage Association Fannie Mae (FNMA) Loans - Net (2009 - 2026)
Federal National Mortgage Association Fannie Mae's Loans - Net came in at $4.12 trillion for Q2 2026, unchanged from $4.12 trillion a year earlier and up 0.1% from the prior quarter.
Federal National Mortgage Association Fannie Mae (FNMA) Loans - Net (2009 - 2026) Analysis & Trends
Going back to Q2 2009, Federal National Mortgage Association Fannie Mae's Loans - Net data covers 68 quarters.
- Loans - Net carries a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- Going back by year, Loans - Net was $4.14 trillion in FY2024 (+0.1%), $4.13 trillion in FY2023 (+0.5%), $4.11 trillion in FY2022 (+3.8%) and $3.96 trillion in FY2021 (+8.5%).
- The five-year range for quarterly Loans - Net is $3.9 trillion (Q3 2021) to $4.14 trillion (Q4 2024).
- Year-over-year, Loans - Net increased in two of the last eight quarters, with an average decline of 0.1%.
- The fastest year-over-year change in Loans - Net over five years came in Q3 2021 (growth of 10.0%), and the weakest in Q4 2025 (a decline of 0.4%).
- Business Quant data shows FNMA's Loans - Net at $4.12 trillion (Q1 2026), $4.12 trillion (Q4 2025) and $4.12 trillion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | - |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 4,119.01 Bn |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 91.90 Bn |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 9.00 Bn |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 7.28 Bn |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.68 Bn | -6.06 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4,119.01 Bn |
| Mar 31, 2026 | 4,115.10 Bn |
| Dec 31, 2025 | 4,119.10 Bn |
| Sep 30, 2025 | 4,122.58 Bn |
| Jun 30, 2025 | 4,119.74 Bn |
| Mar 31, 2025 | 4,126.40 Bn |
| Dec 31, 2024 | 4,137.63 Bn |
| Sep 30, 2024 | 4,137.38 Bn |
| Jun 30, 2024 | 4,128.57 Bn |
| Mar 31, 2024 | 4,127.21 Bn |
| Dec 31, 2023 | 4,133.48 Bn |
| Sep 30, 2023 | 4,131.30 Bn |
| Jun 30, 2023 | 4,120.61 Bn |
| Mar 31, 2023 | 4,109.82 Bn |
| Dec 31, 2022 | 4,112.40 Bn |
| Sep 30, 2022 | 4,100.55 Bn |
| Jun 30, 2022 | 4,087.35 Bn |
| Mar 31, 2022 | 4,050.54 Bn |
| Dec 31, 2021 | 3,963.11 Bn |
| Sep 30, 2021 | 3,903.67 Bn |
Federal National Mortgage Association Fannie Mae Loans - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-net&ticker=FNMA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-net", "ticker": "FNMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-net&ticker=FNMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();