v3.25.2
Fair Value Disclosures - Fair Value of Financial Instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Financial Assets    
Securities Purchased under Agreements to Resell $ 95,451 $ 100,118
Counterparty netting (7,581) (8,220)
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 6,300 15,560
Mortgage loans held-for-investment (net of allowance for credit losses of $7,729 and $6,774 and includes $4,424 and $2,413 at fair value) 3,206,974 3,172,329
Mortgage Loans Net 3,213,274 3,187,889
Derivative Asset 886 501
Netting adjustments (3,234) (3,906)
Other Assets 6,166 5,870
Financial Liabilities    
Debt 2,693 2,339
Counterparty netting (7,581) (8,220)
Derivative Liability 967 954
Netting Adjustment (3,234) (3,906)
Other Liabilities 11,969 12,346
Other Liabilities, Fair Value 967 978
Mortgage Loans held-for-investment, fair value 4,424 2,413
Held by Freddie Mac    
Financial Liabilities    
Debt 200 300
Held by consolidated trusts    
Financial Assets    
Securities Purchased under Agreements to Resell 14,204 12,764
Mortgage Loans [Abstract]    
Mortgage loans held-for-investment (net of allowance for credit losses of $7,729 and $6,774 and includes $4,424 and $2,413 at fair value) 3,145,913 3,114,937
Financial Liabilities    
Debt 2,500 2,000
GAAP Carrying Amount    
Financial Assets    
Cash and Cash Equivalents 4,267 5,534
Securities Purchased under Agreements to Resell 95,451 100,118
Investments in Securities [Abstract]    
Debt Securities, Available-for-sale 3,728 3,899
Trading, at fair value 79,122 51,872
Total investments in securities 82,850 55,771
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 6,300 15,560
Mortgage loans held-for-investment (net of allowance for credit losses of $7,729 and $6,774 and includes $4,424 and $2,413 at fair value) 3,206,974 3,172,329
Guarantee Assets 5,042 5,126
Derivative Asset 886 501
All Other Assets 2,039 1,801
Other Assets 7,967 7,428
Total Assets carried at fair value on a recurring basis 3,403,809 3,356,740
Financial Liabilities    
Debt 3,349,274 3,304,949
Guarantee obligation 4,866 5,072
Derivative Liability 967 954
Other Liabilities 0 23
Other Liabilities, Fair Value 5,833 6,049
Total Financial Liabilities 3,355,107 3,310,998
GAAP Carrying Amount | Held by Freddie Mac    
Financial Liabilities    
Debt 193,877 182,008
GAAP Carrying Amount | Held by consolidated trusts    
Financial Liabilities    
Debt 3,155,397 3,122,941
GAAP Carrying Amount | AmortizedCost    
Financial Liabilities    
Debt 3,300,000 3,300,000
Mortgage Loans held-for-investment, fair value 3,200,000 3,200,000
GAAP Carrying Amount | Lower Of Cost Or Fair Value    
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 2,400 4,200
GAAP Carrying Amount | FV - NI    
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 3,900 11,400
Financial Liabilities    
Debt 2,700 2,300
Mortgage Loans held-for-investment, fair value 4,400 2,400
Fair Value    
Financial Assets    
Cash and Cash Equivalents 4,267 5,534
Securities Purchased under Agreements to Resell 95,451 100,118
Counterparty netting (7,581) (8,220)
Investments in Securities [Abstract]    
Debt Securities, Available-for-sale 3,728 3,899
Trading, at fair value 79,122 51,872
Total investments in securities 82,850 55,771
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 6,392 15,707
Mortgage loans held-for-investment (net of allowance for credit losses of $7,729 and $6,774 and includes $4,424 and $2,413 at fair value) 2,860,125 2,756,079
Guarantee Assets 5,044 5,128
Derivative Asset 886 501
Netting adjustments (4,902) (5,989)
All Other Assets 2,428 1,930
Other Assets 8,358 7,559
Total Asset Netting Adjustment (12,483) (14,209)
Total Assets carried at fair value on a recurring basis 3,057,443 2,940,768
Financial Liabilities    
Debt 2,998,641 2,882,142
Counterparty netting (7,581) (8,220)
Guarantee obligation 6,474 6,460
Derivative Liability 967 954
Netting Adjustment (4,696) (6,282)
Other Liabilities 279 810
Other Liabilities, Fair Value 7,720 8,224
Total Liability Netting Adjustment (12,277) (14,502)
Total Financial Liabilities 3,006,361 2,890,366
Fair Value | Held by Freddie Mac    
Financial Liabilities    
Debt 194,483 182,350
Fair Value | Held by consolidated trusts    
Financial Liabilities    
Debt 2,804,158 2,699,792
Fair Value | Level 1    
Financial Assets    
Cash and Cash Equivalents 4,267 5,534
Securities Purchased under Agreements to Resell 0 0
Investments in Securities [Abstract]    
Debt Securities, Available-for-sale 0 0
Trading, at fair value 68,572 42,289
Total investments in securities 68,572 42,289
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 0 0
Mortgage loans held-for-investment (net of allowance for credit losses of $7,729 and $6,774 and includes $4,424 and $2,413 at fair value) 0 0
Guarantee Assets 0 0
Derivative assets, net 1 9
All Other Assets 0 0
Other Assets 1 9
Total Assets carried at fair value on a recurring basis 72,840 47,832
Financial Liabilities    
Debt 0 0
Guarantee obligation 0 0
Derivative liabilities, net 0 0
Other Liabilities 0 0
Other Liabilities, Fair Value 0 0
Total Financial Liabilities 0 0
Fair Value | Level 1 | Held by Freddie Mac    
Financial Liabilities    
Debt 0 0
Fair Value | Level 1 | Held by consolidated trusts    
Financial Liabilities    
Debt 0 0
Fair Value | Level 2    
Financial Assets    
Cash and Cash Equivalents 0 0
Securities Purchased under Agreements to Resell 103,032 108,338
Investments in Securities [Abstract]    
Debt Securities, Available-for-sale 3,093 3,316
Trading, at fair value 7,423 6,556
Total investments in securities 10,516 9,872
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 4,611 11,943
Mortgage loans held-for-investment (net of allowance for credit losses of $7,729 and $6,774 and includes $4,424 and $2,413 at fair value) 2,488,790 2,469,708
Guarantee Assets 0 0
Derivative assets, net 5,714 6,387
All Other Assets 568 323
Other Assets 6,282 6,710
Total Assets carried at fair value on a recurring basis 2,613,231 2,606,571
Financial Liabilities    
Debt 3,002,439 2,886,699
Guarantee obligation 95 98
Derivative liabilities, net 5,595 7,116
Other Liabilities 195 701
Other Liabilities, Fair Value 5,885 7,915
Total Financial Liabilities 3,008,324 2,894,614
Fair Value | Level 2 | Held by Freddie Mac    
Financial Liabilities    
Debt 198,654 187,287
Fair Value | Level 2 | Held by consolidated trusts    
Financial Liabilities    
Debt 2,803,785 2,699,412
Fair Value | Level 3    
Financial Assets    
Cash and Cash Equivalents 0 0
Securities Purchased under Agreements to Resell 0 0
Investments in Securities [Abstract]    
Debt Securities, Available-for-sale 635 583
Trading, at fair value 3,127 3,027
Total investments in securities 3,762 3,610
Mortgage Loans [Abstract]    
Mortgage Loans Held-for-sale 1,781 3,764
Mortgage loans held-for-investment (net of allowance for credit losses of $7,729 and $6,774 and includes $4,424 and $2,413 at fair value) 371,335 286,371
Guarantee Assets 5,044 5,128
Derivative assets, net 73 94
All Other Assets 1,860 1,607
Other Assets 6,977 6,829
Total Assets carried at fair value on a recurring basis 383,855 300,574
Financial Liabilities    
Debt 3,783 3,663
Guarantee obligation 6,379 6,362
Derivative liabilities, net 68 120
Other Liabilities 84 109
Other Liabilities, Fair Value 6,531 6,591
Total Financial Liabilities 10,314 10,254
Fair Value | Level 3 | Held by Freddie Mac    
Financial Liabilities    
Debt 3,410 3,283
Fair Value | Level 3 | Held by consolidated trusts    
Financial Liabilities    
Debt $ 373 $ 380