Mortgage Loans (Tables)

9 Months Ended

Sep. 30, 2025

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

The table below provides details of the loans on our condensed consolidated balance sheets.

Table 3.1 - Mortgage Loans


	September 30, 2025			December 31, 2024
(In millions)	Single-Family	Multifamily	Total	Single-Family	Multifamily	Total
Held-for-sale UPB	$1,886	$272	$2,158	$2,984	$13,265	$16,249
Cost basis and fair value adjustments, net	(323)	(28)	(351)	(586)	(103)	(689)
Total held-for-sale loans, net	1,563	244	1,807	2,398	13,162	15,560
Held-for-investment UPB	3,101,831	126,842	3,228,673	3,063,211	87,416	3,150,627
Cost basis and fair value adjustments, net(1)	28,441	(520)	27,921	28,926	(450)	28,476
Allowance for credit losses	(7,383)	(507)	(7,890)	(6,381)	(393)	(6,774)
Total held-for-investment loans, net(2)	3,122,889	125,815	3,248,704	3,085,756	86,573	3,172,329
Total mortgage loans, net	$3,124,452	$126,059	$3,250,511	$3,088,154	$99,735	$3,187,889

(1)Includes ($0.3) billion and ($0.7) billion of basis adjustments maintained on a closed portfolio basis related to existing portfolio layer method fair value hedge relationships as of September 30, 2025 and December 31, 2024, respectively.

(2)Includes $7.1 billion and $2.4 billion of multifamily held-for-investment loans for which we have elected the fair value option as of September 30, 2025 and December 31, 2024, respectively.

The table below provides details of the UPB of loans we purchased and sold during the periods presented.

Table 3.2 - Loans Purchased and Sold


(In millions)	3Q 2025	3Q 2024	YTD 2025	YTD 2024
Single-Family:
Purchases:
Held-for-investment loans	$99,428	$98,243	$270,677	$245,751
Sales of held-for-sale loans(1)	707	658	1,962	1,657
Multifamily:
Purchases:
Held-for-investment loans	24,522	7,867	37,099	14,283
Held-for-sale loans	195	6,028	7,722	19,068
Sales of held-for-sale loans(2)	1,781	6,606	16,632	19,671

(1)Our sales of single-family loans reflect the sale of single-family seasoned loans.

(2)Our sales of multifamily loans occur primarily through the issuance of Multifamily K Certificates.

The table below presents the allowance for credit losses or valuation allowance that was reversed or established due to loan reclassifications between held-for-investment and held-for-sale during the periods presented.

Table 3.3 - Loan Reclassifications(1)


	3Q 2025			3Q 2024
(In millions)	UPB	Allowance for Credit Losses Reversed or (Established)	Valuation Allowance (Established) or Reversed	UPB	Allowance for Credit Losses Reversed or (Established)	Valuation Allowance (Established) or Reversed
Single-Family reclassifications from:
Held-for-investment to held-for-sale	$610	$20	$—	$428	$14	$—
Held-for-sale to held-for-investment(2)	96	9	6	78	6	5
Multifamily reclassifications from:
Held-for-investment to held-for-sale	99	—	(5)	404	1	(14)
Held-for-sale to held-for-investment(2)	130	—	—	38	—	1

	YTD 2025			YTD 2024
(In millions)	UPB	Allowance for Credit Losses Reversed or (Established)	Valuation Allowance (Established) or Reversed	UPB	Allowance for Credit Losses Reversed or (Established)	Valuation Allowance (Established) or Reversed
Single-Family reclassifications from:
Held-for-investment to held-for-sale	$1,575	$28	$—	$1,495	$29	$—
Held-for-sale to held-for-investment(2)	436	37	25	171	14	14
Multifamily reclassifications from:
Held-for-investment to held-for-sale	916	2	(35)	1,245	12	(58)
Held-for-sale to held-for-investment(2)	336	(1)	5	785	—	10

(1)Amounts exclude reclassifications related to loans for which we have elected the fair value option.

(2)Allowance for credit losses established upon loan reclassifications from held-for-sale to held-for-investment to reflect the net amount we expect to collect on the loan. Loans with prior charge-offs may have a negative allowance for credit losses established upon reclassification.

Table - Held-for-Investment Loans on Non-accrual

The table below presents the amortized cost basis of non-accrual loans as of the beginning and the end of the periods presented, including the interest income recognized for the period that is related to the loans on non-accrual status as of the period end.

Table 3.4 - Amortized Cost Basis of Held-for-Investment Loans on Non-Accrual(1)


	Non-Accrual Amortized Cost Basis		Interest Income Recognized(2)
(In millions)	September 30, 2025	June 30, 2025	3Q 2025	YTD 2025
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$15,430	$15,376	$43	$204
15-year or less, amortizing fixed-rate	462	480	1	4
Adjustable-rate and other	222	242	1	3
Total Single-Family	16,114	16,098	45	211
Total Multifamily	257	179	1	2
Total Single-Family and Multifamily	$16,371	$16,277	$46	$213


	Non-Accrual Amortized Cost Basis		Interest Income Recognized(2)
(In millions)	September 30, 2024	June 30, 2024	3Q 2024	YTD 2024
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$12,985	$11,773	$35	$167
15-year or less, amortizing fixed-rate	477	439	1	5
Adjustable-rate and other	230	230	1	4
Total Single-Family	13,692	12,442	37	176
Total Multifamily	114	110	1	2
Total Single-Family and Multifamily	$13,806	$12,552	$38	$178

(1)Excludes amounts related to loans for which we have elected the fair value option.

(2)Represents the amount of payments received during the period, including those received while the loans were on accrual status, for the held-for-investment loans on non-accrual status as of period end.

The table below provides the amount of accrued interest receivable presented on our condensed consolidated balance sheets and the amount of accrued interest receivable related to loans on non-accrual status at the end of the periods that was charged off.

Table 3.5 - Accrued Interest Receivable and Related Charge-Offs


	Accrued Interest Receivable		Accrued Interest Receivable Related Charge-Offs
(In millions)	September 30, 2025	December 31, 2024	3Q 2025	3Q 2024	YTD 2025	YTD 2024
Single-Family loans	$10,376	$9,776	($65)	($59)	($189)	($151)
Multifamily loans	530	431	—	—	(3)	(1)

Table - Amortized Cost Basis of Held-For-Investment Mortgage Loans, by Credit Quality Indicator and Vintage

The table below presents the amortized cost basis of single-family held-for-investment loans by current LTV ratio. Our current LTV ratios are estimates based on available data through the end of each period presented.

Table 3.6 - Amortized Cost Basis of Single-Family Held-for-Investment Loans by Current LTV Ratio and Vintage


	September 30, 2025
	Year of Origination						Total
(In millions)	2025	2024	2023	2022	2021	Prior
Current LTV ratio:
20- and 30-year or more, amortizing fixed-rate
≤ 60	$31,201	$49,491	$40,479	$111,301	$557,772	$954,964	$1,745,208
> 60 to 80	77,774	117,879	99,438	169,173	192,354	44,321	700,939
> 80 to 90	42,573	68,018	56,412	47,015	9,745	1,120	224,883
> 90 to 100	57,901	61,175	18,500	11,044	1,253	255	150,128
> 100	441	2,346	1,751	1,683	119	81	6,421
Total 20- and 30-year or more, amortizing fixed-rate	209,890	298,909	216,580	340,216	761,243	1,000,741	2,827,579
Current-year gross charge-offs(1)	—	12	29	55	47	169	312
15-year or less, amortizing fixed-rate
≤ 60	6,607	6,035	4,075	20,279	99,483	117,707	254,186
> 60 to 80	6,283	4,757	2,200	2,292	394	25	15,951
> 80 to 90	1,341	795	164	66	4	—	2,370
> 90 to 100	712	168	16	9	—	—	905
> 100	6	5	—	—	—	—	11
Total 15-year or less, amortizing fixed-rate	14,949	11,760	6,455	22,646	99,881	117,732	273,423
Current-year gross charge-offs(1)	—	—	—	—	1	2	3
Adjustable-rate and other
≤ 60	1,022	377	420	1,741	3,175	10,911	17,646
> 60 to 80	2,410	973	1,208	2,224	533	166	7,514
> 80 to 90	1,095	530	646	618	18	10	2,917
> 90 to 100	835	257	167	147	4	3	1,413
> 100	2	3	14	21	—	2	42
Total adjustable-rate and other	5,364	2,140	2,455	4,751	3,730	11,092	29,532
Current-year gross charge-offs(1)	—	—	—	—	1	1	2
Total for all loan product types by current LTV ratio:
≤ 60	38,830	55,903	44,974	133,321	660,430	1,083,582	2,017,040
> 60 to 80	86,467	123,609	102,846	173,689	193,281	44,512	724,404
> 80 to 90	45,009	69,343	57,222	47,699	9,767	1,130	230,170
> 90 to 100	59,448	61,600	18,683	11,200	1,257	258	152,446
> 100	449	2,354	1,765	1,704	119	83	6,474
Total Single-Family loans	$230,203	$312,809	$225,490	$367,613	$864,854	$1,129,565	$3,130,534
Total current-year gross charge-offs(1)	$—	$12	$29	$55	$49	$172	$317


	December 31, 2024
	Year of Origination						Total
(In millions)	2024	2023	2022	2021	2020	Prior
Current LTV ratio:
20- and 30-year or more, amortizing fixed-rate
≤ 60	$47,642	$42,978	$109,174	$566,114	$544,209	$465,059	$1,775,176
> 60 to 80	125,634	106,407	182,774	225,774	48,905	9,859	699,353
> 80 to 90	52,612	69,714	61,282	10,650	813	311	195,382
> 90 to 100	70,104	20,274	8,820	949	124	74	100,345
> 100	168	435	777	59	19	56	1,514
Total 20- and 30-year or more, amortizing fixed-rate	296,160	239,808	362,827	803,546	594,070	475,359	2,771,770
Full-year gross charge-offs(1)	1	10	40	45	35	222	353
15-year or less, amortizing fixed-rate
≤ 60	5,664	4,353	21,308	110,094	85,662	52,305	279,386
> 60 to 80	5,326	3,012	3,986	927	44	7	13,302
> 80 to 90	856	338	103	7	—	—	1,304
> 90 to 100	377	19	10	—	—	—	406
> 100	2	—	—	—	—	—	2
Total 15-year or less, amortizing fixed-rate	12,225	7,722	25,407	111,028	85,706	52,312	294,400
Full-year gross charge-offs(1)	—	—	1	1	1	2	5
Adjustable-rate and other
≤ 60	384	438	1,793	3,355	1,338	11,123	18,431
> 60 to 80	1,065	1,309	2,457	661	49	139	5,680
> 80 to 90	466	766	767	17	1	12	2,029
> 90 to 100	241	150	112	2	—	3	508
> 100	—	2	11	—	—	1	14
Total adjustable-rate and other	2,156	2,665	5,140	4,035	1,388	11,278	26,662
Full-year gross charge-offs(1)	—	—	—	1	—	1	2
Total for all loan product types by current LTV ratio:
≤ 60	53,690	47,769	132,275	679,563	631,209	528,487	2,072,993
> 60 to 80	132,025	110,728	189,217	227,362	48,998	10,005	718,335
> 80 to 90	53,934	70,818	62,152	10,674	814	323	198,715
> 90 to 100	70,722	20,443	8,942	951	124	77	101,259
> 100	170	437	788	59	19	57	1,530
Total Single-Family loans	$310,541	$250,195	$393,374	$918,609	$681,164	$538,949	$3,092,832
Total full-year gross charge-offs(1)	$1	$10	$41	$47	$36	$225	$360

(1)Excludes charge-offs related to accrued interest receivable and advances of pre-foreclosure costs.

Multifamily

The table below presents the amortized cost basis of our multifamily held-for-investment loans, for which we have not elected the fair value option, by credit quality indicator, based on available data through the end of each period presented. These indicators involve significant management judgment and are defined as follows:

n "Pass" is current and adequately protected by the borrower's current financial strength and debt service capacity;

n "Special mention" has administrative issues that may affect future repayment prospects but does not have current credit weaknesses. In addition, this category generally includes loans in forbearance;

n "Substandard" has a weakness that jeopardizes the timely full repayment; and

n "Doubtful" has a weakness that makes collection or liquidation in full highly questionable and improbable based on existing conditions.

Table 3.7 - Amortized Cost Basis of Multifamily Held-for-Investment Loans by Credit Quality Indicator and Vintage


	September 30, 2025
	Year of Origination						Total
(In millions)	2025	2024	2023	2022	2021	Prior		Revolving Loans
Category:
Pass	$35,161	$28,772	$13,655	$16,010	$7,190	$13,652	$2,145	$116,585
Special mention	—	36	184	177	110	479	—	986
Substandard	—	50	225	617	281	471	—	1,644
Doubtful	—	—	—	—	—	—	—	—
Total	$35,161	$28,858	$14,064	$16,804	$7,581	$14,602	$2,145	$119,215


	December 31, 2024
	Year of Origination						Total
(In millions)	2024	2023	2022	2021	2020	Prior		Revolving Loans
Category:
Pass	$27,713	$14,471	$16,548	$7,179	$6,201	$7,921	$2,426	$82,459
Special mention	50	76	239	39	86	327	—	817
Substandard	—	29	444	329	200	276	—	1,278
Doubtful	—	—	—	—	—	—	—	—
Total	$27,763	$14,576	$17,231	$7,547	$6,487	$8,524	$2,426	$84,554

Table - Payment Status of Mortgage Loans

Past Due Status

The table below presents the amortized cost basis of our single-family and multifamily held-for-investment loans, for which we have not elected the fair value option, by payment status.

Table 3.8 - Amortized Cost Basis of Held-for-Investment Loans by Payment Status(1)


	September 30, 2025
(In millions)	Current	One Month Past Due	Two Months Past Due	Three Months or More Past Due, or in Foreclosure(2)	Total	Non-Accrual With No Allowance(3)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$2,780,088	$25,622	$6,920	$14,949	$2,827,579	$562
15-year or less, amortizing fixed-rate	271,525	1,208	242	448	273,423	5
Adjustable-rate and other	28,957	282	76	217	29,532	31
Total Single-Family	3,080,570	27,112	7,238	15,614	3,130,534	598
Total Multifamily	118,849	47	62	257	119,215	198
Total Single-Family and Multifamily	$3,199,419	$27,159	$7,300	$15,871	$3,249,749	$796


	December 31, 2024
(In millions)	Current	One Month Past Due	Two Months Past Due	Three Months or More Past Due, or in Foreclosure(2)	Total	Non-Accrual with No Allowance(3)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$2,722,336	$27,090	$7,588	$14,756	$2,771,770	$465
15-year or less, amortizing fixed-rate	292,207	1,404	291	498	294,400	5
Adjustable-rate and other	26,019	309	101	233	26,662	33
Total Single-Family	3,040,562	28,803	7,980	15,487	3,092,832	503
Total Multifamily	84,288	60	80	126	84,554	75
Total Single-Family and Multifamily	$3,124,850	$28,863	$8,060	$15,613	$3,177,386	$578

(1)There were no held-for-investment loans that were three months or more past due and accruing interest as of both September 30, 2025 and December 31, 2024.

(2)Includes $3.5 billion and $2.6 billion of single-family loans that were in the process of foreclosure as of September 30, 2025 and December 31, 2024, respectively.

(3)Loans with no allowance for loan losses primarily represent loans that were previously charged off and for which the amount we expect to collect is sufficiently in excess of the amortized cost to result in recovery of the entire amortized cost basis if the property were foreclosed upon or otherwise subject to disposition. We exclude the amounts of allowance for credit losses on advances of pre-foreclosure costs when determining whether a loan has an allowance for credit losses.

Table - Loan Restructuring

The table below presents the period-end amortized cost basis of single-family held-for-investment loan restructurings involving borrowers experiencing financial difficulty that we entered into during the periods presented.

Table 3.9 - Single-Family Loan Restructurings Involving Borrowers Experiencing Financial Difficulty(1)


	3Q 2025
(Dollars in millions)	Payment Delay(2)	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total	Total as % of Class of Financing Receivable(3)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$5,347	$2,183	$253	$7,783	0.3	%
15-year or less, amortizing fixed-rate	172	1	—	173	0.1
Adjustable-rate and other	57	5	1	63	0.2
Total Single-Family loan restructurings	$5,576	$2,189	$254	$8,019	0.3


	3Q 2024
(Dollars in millions)	Payment Delay(2)	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total	Total as % of Class of Financing Receivable(3)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$5,597	$1,533	$25	$7,155	0.3	%
15-year or less, amortizing fixed-rate	213	—	—	213	0.1
Adjustable-rate and other	57	3	1	61	0.2
Total Single-Family loan restructurings	$5,867	$1,536	$26	$7,429	0.2


	YTD 2025
(Dollars in millions)	Payment Delay(2)	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total	Total as % of Class of Financing Receivable(3)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$14,759	$6,073	$623	$21,455	0.8	%
15-year or less, amortizing fixed-rate	496	2	—	498	0.2
Adjustable-rate and other	138	13	2	153	0.5
Total Single-Family loan restructurings	$15,393	$6,088	$625	$22,106	0.7


	YTD 2024
(Dollars in millions)	Payment Delay(2)	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total	Total as % of Class of Financing Receivable(3)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$13,370	$4,256	$44	$17,670	0.6	%
15-year or less, amortizing fixed-rate	526	—	—	526	0.2
Adjustable-rate and other	137	9	1	147	0.5
Total Single-Family loan restructurings	$14,033	$4,265	$45	$18,343	0.6

(1) Type of loan restructurings reflects the cumulative effects of the loan restructurings received during the period. Includes loan modifications in the period in which the borrower completes the trial period and the loan is permanently modified. The amortized cost basis of loans in the trial period modification plans was $3.5 billion and $2.0 billion as of September 30, 2025 and September 30, 2024, respectively. Most of these loans are 20- and 30-year or more, amortizing fixed-rate loans.

(2) Includes $2.0 billion and $6.8 billion related to payment deferral plans for 3Q 2025 and YTD 2025, respectively, compared to $1.7 billion and $6.1 billion for 3Q 2024 and YTD 2024, respectively. Also includes forbearance plans, repayment plans, and loan modifications that only involve payment delays.

(3) Based on the amortized cost basis as of period end, divided by the total period-end amortized cost basis of the corresponding financing receivable class of single-family held-for-investment loans.

The table below shows the financial effect of single-family held-for-investment loan restructurings involving borrowers experiencing financial difficulty that we entered into during the periods presented.

Table 3.10 – Financial Effects of Single-Family Loan Restructurings Involving Borrowers Experiencing Financial Difficulty(1)


	3Q 2025
(Dollars in thousands)	Weighted-Average Interest Rate Reduction		Weighted-Average Months of Term Extension	Weighted-Average Payment Deferral or Principal Forbearance(2)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	0.5	%	146	$27
15-year or less, amortizing fixed-rate	NM		39	11
Adjustable-rate and other	0.9		165	18


	3Q 2024
(Dollars in thousands)	Weighted-Average Interest Rate Reduction		Weighted-Average Months of Term Extension	Weighted-Average Payment Deferral or Principal Forbearance(2)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	0.5	%	168	$16
15-year or less, amortizing fixed-rate	—		10	9
Adjustable-rate and other	1.1		255	12


	YTD 2025
(Dollars in thousands)	Weighted-Average Interest Rate Reduction		Weighted-Average Months of Term Extension	Weighted-Average Payment Deferral or Principal Forbearance(2)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	0.6	%	151	$23
15-year or less, amortizing fixed-rate	NM		38	11
Adjustable-rate and other	0.8		166	15

	YTD 2024
(Dollars in thousands)	Weighted-Average Interest Rate Reduction		Weighted-Average Months of Term Extension	Weighted-Average Payment Deferral or Principal Forbearance(2)
Single-Family:
20- and 30-year or more, amortizing fixed-rate	0.6	%	168	$16
15-year or less, amortizing fixed-rate	—		10	13
Adjustable-rate and other	1.0		235	13

(1) Averages are based on payment deferral plans and loan modifications completed during the periods presented. The financial effects of forbearance plans and repayment plans consist of a payment delay of between one and twelve months. In addition, the financial effect of a forbearance plan is included at the time the forbearance plan is completed if the borrower exits forbearance by entering into a payment deferral plan or loan modification.

(2) Primarily related to payment deferral plans. Amounts are based on non-interest-bearing principal balances on the restructured loans.

The table below provides the amortized cost basis of single-family held-for-investment loans that had a payment default (i.e., loans that became two months delinquent) during the periods presented and had been restructured within the previous 12 months preceding the payment default, when the borrower was experiencing financial difficulty at the time of the restructuring.

Table 3.11 - Subsequent Defaults of Single-Family Restructured Loans Involving Borrowers Experiencing Financial Difficulty(1)


	3Q 2025
(In millions)	Payment Delay	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$1,128	$832	$69	$2,029
15-year or less, amortizing fixed-rate	29	—	—	29
Adjustable-rate and other	7	2	—	9
Total Single-Family	$1,164	$834	$69	$2,067


	3Q 2024
(In millions)	Payment Delay	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$1,166	$544	$5	$1,715
15-year or less, amortizing fixed-rate	44	—	—	44
Adjustable-rate and other	13	—	—	13
Total Single-Family	$1,223	$544	$5	$1,772


	YTD 2025
(In millions)	Payment Delay	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$2,703	$1,808	$96	$4,607
15-year or less, amortizing fixed-rate	75	—	—	75
Adjustable-rate and other	20	3	—	23
Total Single-Family	$2,798	$1,811	$96	$4,705

	YTD 2024
(In millions)	Payment Delay	Payment Delay and Term Extension	Payment Delay, Term Extension, and Interest Rate Reduction	Total
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$2,516	$1,144	$11	$3,671
15-year or less, amortizing fixed-rate	86	—	—	86
Adjustable-rate and other	26	1	—	27
Total Single-Family	$2,628	$1,145	$11	$3,784

(1) Excludes forbearance plans and repayment plans as borrowers are typically past due based on the loan's original contractual terms at the time the borrowers enter into these plans.

The table below provides the single-family held-for-investment loan performance in the 12 months after a restructuring involving borrowers experiencing financial difficulty. While a single-family loan is in a forbearance plan or repayment plan, payments continue to be due based on the loan’s original contractual terms because the loan has not been permanently modified. As a result, we report single-family loans in forbearance plans and repayment plans as delinquent to the extent that payments are past due based on the loan’s original contractual terms. Loans that have been restructured by entering into a payment deferral plan or loan modification are reported as delinquent to the extent that payments are past due based on the loan's restructured terms.

Table 3.12 - Amortized Cost Basis of Single-Family Restructured Loans Involving Borrowers Experiencing Financial Difficulty by Payment Status


	September 30, 2025
(In millions)	Current	One Month Past Due	Two Months Past Due	Three Months or More Past Due	Total
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$14,293	$3,551	$2,008	$6,602	$26,454
15-year or less, amortizing fixed-rate	339	88	49	173	649
Adjustable-rate and other	81	22	15	68	186
Total Single-Family	$14,713	$3,661	$2,072	$6,843	$27,289


	September 30, 2024
(In millions)	Current	One Month Past Due	Two Months Past Due	Three Months or More Past Due	Total
Single-Family:
20- and 30-year or more, amortizing fixed-rate	$10,808	$3,161	$1,932	$5,602	$21,503
15-year or less, amortizing fixed-rate	307	98	63	190	658
Adjustable-rate and other	83	25	18	53	179
Total Single-Family	$11,198	$3,284	$2,013	$5,845	$22,340