1、 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31,2025 orTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For t
2、he transition period from toCommission file number:0-50231 Federal National Mortgage Association(Exact name of registrant as specified in its charter)Fannie MaeFederally chartered corporation52-08831071100 15th Street,NW800 232-6643Washington,DC20005(State or other jurisdiction ofincorporation or or
3、ganization)(I.R.S.EmployerIdentification No.)(Address of principal executive offices,including zip code)(Registrants telephone number,including area code)Securities registered pursuant to Section 12(b)of the Act:Title of each classTrading Symbol(s)Name of each exchange on which registeredNoneN/AN/AS
4、ecurities registered pursuant to Section 12(g)of the Act:Common Stock,without par value 8.25%Non-Cumulative Preferred Stock,Series T,stated value$25 per share Fixed-to-Floating Rate Non-Cumulative Preferred Stock,Series S,stated value$25 per share 7.625%Non-Cumulative Preferred Stock,Series R,stated
5、 value$25 per share6.75%Non-Cumulative Preferred Stock,Series Q,stated value$25 per share Variable Rate Non-Cumulative Preferred Stock,Series P,stated value$25 per share Variable Rate Non-Cumulative Preferred Stock,Series O,stated value$50 per share 5.375%Non-Cumulative Convertible Series 2004-1 Pre
6、ferred Stock,stated value$100,000 per share 5.50%Non-Cumulative Preferred Stock,Series N,stated value$50 per share4.75%Non-Cumulative Preferred Stock,Series M,stated value$50 per share 5.125%Non-Cumulative Preferred Stock,Series L,stated value$50 per share 5.375%Non-Cumulative Preferred Stock,Series