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Fannie Mae (FNMA) reported an initial statement of beneficial ownership on Form 3 for its Acting General Counsel.
The reporting person directly owns 1,805 shares of common stock, with the event dated 10/27/2025. The filing was made by one reporting person and lists no derivative securities.
Fannie Mae reported that Malloy Evans, its Executive Vice President—Single-Family, left the company effective October 23, 2025. In connection with his departure, he entered into an agreement and general release that provides $1,200,000 (two years of his annual base salary), twelve months of subsidized medical and dental coverage, and six months of outplacement services.
The company also waived a compensation program provision that would have reduced his earned but unpaid fixed deferred salary by 2% for each full or partial month his separation date preceded January 31 of the second year following the performance year. The agreement includes a release of certain claims and remains subject to FHFA approval.
Fannie Mae (FNMA) furnished an update on its latest results. The company filed its Form 10-Q for the quarter ended September 30, 2025, and furnished an accompanying press release, earnings presentation, and financial supplement via an 8-K.
The materials are included as Exhibits 99.1, 99.2, and 99.3 and are incorporated by reference. The information is furnished and not deemed “filed” under Section 18. Fannie Mae also points readers to its website for access to these documents.
Fannie Mae (Federal National Mortgage Association) filed its quarterly report for the period ended September 30, 2025. The company provided $286.7 billion in liquidity to the mortgage market in the first nine months of 2025, supporting approximately 1.1 million home purchases, refinancings, and rental units. Guaranty fees on Fannie Mae MBS remain the primary revenue source, reflecting its role as a guarantor of mortgage-backed securities rather than a loan originator.
Fannie Mae continues to operate under FHFA conservatorship. Since March 17, 2025, the FHFA Director serves as Board Chair, and FHFA’s General Counsel also serves on the Board. As of June 30, 2025, the company owned or guaranteed an estimated 25% of U.S. single-family mortgage debt and 21% of multifamily mortgage debt. Shares outstanding were 1,158,087,567 as of October 10, 2025.
Fannie Mae announced executive changes effective October 22, 2025. Priscilla Almodovar stepped down as President, CEO, and director. In connection with her departure, she will receive $1,200,000 (two years of base salary), twelve months of subsidized medical and dental coverage, and six months of outplacement services, along with a general release of claims.
Peter Akwaboah was appointed Acting CEO in addition to his COO role, subject to FHFA approval. John Roscoe and Brandon Hamara were appointed Co‑Presidents, also subject to FHFA approval, with Hamara continuing as a director. The company noted it will amend to provide any required Item 404(a) disclosures for Roscoe and Hamara once determined.