v3.25.3
Investments AFS - Unrealized Loss Position Table (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months $ 4,791,085 $ 3,213,627
AFS - Unrealized Losses - Less than 12 months (10,474) (7,546)
AFS - Fair Value - 12 months or longer 4,605,964 4,758,752
AFS - Unrealized Losses - 12 months or longer (60,215) (78,968)
AFS - Fair Value - Total in Continuous Loss Position 9,397,049 7,972,379
AFS - Unrealized Losses - Total in Continuous Loss Position (70,689) (86,514)
GSE obligations    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 0 3,812
AFS - Unrealized Losses - Less than 12 months 0 (38)
AFS - Fair Value - 12 months or longer 26,492 25,756
AFS - Unrealized Losses - 12 months or longer (1,156) (1,953)
AFS - Fair Value - Total in Continuous Loss Position 26,492 29,568
AFS - Unrealized Losses - Total in Continuous Loss Position (1,156) (1,991)
State or local agency obligations [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 0 15,399
AFS - Unrealized Losses - Less than 12 months 0 (432)
AFS - Fair Value - 12 months or longer 154,095 145,948
AFS - Unrealized Losses - 12 months or longer (9,095) (12,452)
AFS - Fair Value - Total in Continuous Loss Position 154,095 161,347
AFS - Unrealized Losses - Total in Continuous Loss Position (9,095) (12,884)
Non-MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 937,084 894,114
AFS - Unrealized Losses - Less than 12 months (655) (2,099)
AFS - Fair Value - 12 months or longer 459,205 243,622
AFS - Unrealized Losses - 12 months or longer (11,518) (16,497)
AFS - Fair Value - Total in Continuous Loss Position 1,396,289 1,137,736
AFS - Unrealized Losses - Total in Continuous Loss Position (12,173) (18,596)
U.S. obligations single-family    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 281,171 146,724
AFS - Unrealized Losses - Less than 12 months (424) (161)
AFS - Fair Value - 12 months or longer 674,087 775,551
AFS - Unrealized Losses - 12 months or longer (8,061) (12,187)
AFS - Fair Value - Total in Continuous Loss Position 955,258 922,275
AFS - Unrealized Losses - Total in Continuous Loss Position (8,485) (12,348)
Private label MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 0 0
AFS - Unrealized Losses - Less than 12 months 0 0
AFS - Fair Value - 12 months or longer 23,981 32,890
AFS - Unrealized Losses - 12 months or longer (1,841) (1,720)
AFS - Fair Value - Total in Continuous Loss Position 23,981 32,890
AFS - Unrealized Losses - Total in Continuous Loss Position (1,841) (1,720)
MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 3,854,001 2,319,513
AFS - Unrealized Losses - Less than 12 months (9,819) (5,447)
AFS - Fair Value - 12 months or longer 4,146,759 4,515,130
AFS - Unrealized Losses - 12 months or longer (48,697) (62,471)
AFS - Fair Value - Total in Continuous Loss Position 8,000,760 6,834,643
AFS - Unrealized Losses - Total in Continuous Loss Position (58,516) (67,918)
U.S. Treasury obligations    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 937,084 874,903
AFS - Unrealized Losses - Less than 12 months (655) (1,629)
AFS - Fair Value - 12 months or longer 278,618 71,918
AFS - Unrealized Losses - 12 months or longer (1,267) (2,092)
AFS - Fair Value - Total in Continuous Loss Position 1,215,702 946,821
AFS - Unrealized Losses - Total in Continuous Loss Position (1,922) (3,721)
Single Family [Member] | GSE MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 2,987,199 1,283,490
AFS - Unrealized Losses - Less than 12 months (8,886) (2,825)
AFS - Fair Value - 12 months or longer 1,362,911 1,326,685
AFS - Unrealized Losses - 12 months or longer (31,272) (38,832)
AFS - Fair Value - Total in Continuous Loss Position 4,350,110 2,610,175
AFS - Unrealized Losses - Total in Continuous Loss Position (40,158) (41,657)
Multifamily [Member] | GSE MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 585,631 889,299
AFS - Unrealized Losses - Less than 12 months (509) (2,461)
AFS - Fair Value - 12 months or longer 2,085,780 2,380,004
AFS - Unrealized Losses - 12 months or longer (7,523) (9,732)
AFS - Fair Value - Total in Continuous Loss Position 2,671,411 3,269,303
AFS - Unrealized Losses - Total in Continuous Loss Position $ (8,032) $ (12,193)