v3.25.3
Segment Reporting - Segment Earnings and Reconciliation to GAAP Condensed Consolidated Statements of Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Interest income $ 32,975 $ 29,809 $ 96,388 $ 87,258
Interest Expense, Operating (27,520) (24,810) (80,532) (72,572)
Net interest income 5,455 4,999 15,856 14,686
Non-interest income        
Guarantee income 377 487 1,215 1,366
Investment gains (losses), net (237) 243 74 1,197
Other income 144 109 362 334
Non-interest income 284 839 1,651 2,897
Net revenues 5,739 5,838 17,507 17,583
(Provision) benefit for credit losses (175) 191 (1,238) (384)
Non-interest expense        
General and Administrative Expense (716) (713) (2,140) (2,094)
Credit enhancement expense (489) (616) (1,540) (1,801)
Legislative and regulatory assessments (839) (814) (2,481) (2,403)
Other expense (72) (40) (201) (141)
Non-interest expense (2,116) (2,183) (6,362) (6,439)
Income before income tax expense 3,448 3,846 9,907 10,760
Income tax expense (675) (741) (1,953) (2,124)
Net income 2,773 3,105 7,954 8,636
Other comprehensive income (loss), net of taxes and reclassification adjustments 16 62 71 32
Comprehensive income 2,789 3,167 8,025 8,668
Single Family Guarantee Segment | Operating segments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Interest income 31,421 28,765 92,108 84,277
Interest Expense, Operating (26,374) (24,073) (77,410) (70,462)
Net interest income 5,047 4,692 14,698 13,815
Non-interest income        
Guarantee income 20 23 76 68
Investment gains (losses), net (252) 282 (49) 531
Other income 89 59 232 210
Non-interest income (143) 364 259 809
Net revenues 4,904 5,056 14,957 14,624
(Provision) benefit for credit losses (118) 99 (968) (336)
Non-interest expense        
General and Administrative Expense (549) (558) (1,647) (1,640)
Credit enhancement expense (439) (575) (1,394) (1,678)
Legislative and regulatory assessments (821) (801) (2,441) (2,368)
Other expense (59) (32) (162) (126)
Non-interest expense (1,868) (1,966) (5,644) (5,812)
Income before income tax expense 2,918 3,189 8,345 8,476
Income tax expense (571) (616) (1,645) (1,674)
Net income 2,347 2,573 6,700 6,802
Other comprehensive income (loss), net of taxes and reclassification adjustments 6 10 23 0
Comprehensive income 2,353 2,583 6,723 6,802
Multifamily | Operating segments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Interest income 1,554 1,044 4,280 2,981
Interest Expense, Operating (1,146) (737) (3,122) (2,110)
Net interest income 408 307 1,158 871
Non-interest income        
Guarantee income 357 464 1,139 1,298
Investment gains (losses), net 15 (39) 123 666
Other income 55 50 130 124
Non-interest income 427 475 1,392 2,088
Net revenues 835 782 2,550 2,959
(Provision) benefit for credit losses (57) 92 (270) (48)
Non-interest expense        
General and Administrative Expense (167) (155) (493) (454)
Credit enhancement expense (50) (41) (146) (123)
Legislative and regulatory assessments (18) (13) (40) (35)
Other expense (13) (8) (39) (15)
Non-interest expense (248) (217) (718) (627)
Income before income tax expense 530 657 1,562 2,284
Income tax expense (104) (125) (308) (450)
Net income 426 532 1,254 1,834
Other comprehensive income (loss), net of taxes and reclassification adjustments 10 52 48 32
Comprehensive income $ 436 $ 584 $ 1,302 $ 1,866