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They Made $3.7 Billion

April 30, 2025

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Fannie Mae reported a $3.7 billion profit in Q1 2025 and now holds nearly $100 billion in net worth, while mortgage demand remains weak and rates stay high. Despite massive reserves at Fannie, Freddie, and FHA, none have taken meaningful steps to reduce consumer costs—raising the question: why aren’t these profits being used to help struggling homebuyers?