v3.25.4
Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Allowance for Loan Losses Roll Forward by Segment The following table displays changes in single-family and multifamily allowance for credit losses as well as the
components of the single-family and multifamily allowance for credit losses.
For the Year Ended December 31,
2025
2024
2023
(Dollars in millions)
Single-family allowance for credit losses:
Beginning balance
$(5,487)
$(6,868)
$(9,703)
(Provision) benefit for credit losses
(1,323)
938
2,165
Write-offs
740
733
880
Recoveries
(202)
(290)
(210)
Ending balance
$(6,272)
$(5,487)
$(6,868)
Multifamily allowance for credit losses:
Beginning balance
$(2,399)
$(2,066)
$(1,913)
(Provision) benefit for credit losses
(283)
(752)
(495)
Write-offs
470
505
401
Recoveries
(108)
(86)
(59)
Ending balance
$(2,320)
$(2,399)
$(2,066)
Total allowance for credit losses:
Beginning balance
$(7,886)
$(8,934)
$(11,616)
(Provision) benefit for credit losses
(1,606)
186
1,670
Write-offs
1,210
1,238
1,281
Recoveries
(310)
(376)
(269)
Ending balance
$(8,592)
$(7,886)
$(8,934)
Components of allowance for credit losses
For the Year Ended December 31,
2025
2024
2023
Single-family allowance for credit losses:
Allowance for loan losses
$(6,056)
$(5,319)
$(6,671)
Other(1)
(216)
(168)
(197)
Total
$(6,272)
$(5,487)
$(6,868)
Multifamily allowance for credit losses:
Allowance for loan losses
$(2,308)
$(2,388)
$(2,059)
Other(1)
(12)
(11)
(7)
Total
$(2,320)
$(2,399)
$(2,066)
Total allowance for credit losses:
Allowance for loan losses
$(8,364)
$(7,707)
$(8,730)
Other(1)
(228)
(179)
(204)
Total
$(8,592)
$(7,886)
$(8,934)
(1)Consists of allowance for credit losses on advances of pre-foreclosure costs, accrued interest receivable, our guaranty loss reserves, and
credit reserves on our AFS debt securities. Pre-foreclosure costs represent advances for property taxes and insurance receivables.