v3.26.1
Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Financing Receivable, Allowance for Credit Loss
The following table displays changes in single-family and multifamily allowance for credit losses and the total allowance for credit losses as well as the components of the single-family and multifamily allowance for credit losses.
For the Three Months Ended March 31,
20262025
(Dollars in millions)
Single-family allowance for credit losses:
Beginning balance
$(6,272)$(5,487)
(Provision) benefit for credit losses
(103)(24)
Write-offs
132 191 
Recoveries
(43)(36)
Ending balance
$(6,286)$(5,356)
Multifamily allowance for credit losses:
Beginning balance
$(2,320)$(2,399)
(Provision) benefit for credit losses
(174)— 
Write-offs
243 61 
Recoveries
(55)(28)
Ending balance
$(2,306)$(2,366)
Total allowance for credit losses:
Beginning balance
$(8,592)$(7,886)
(Provision) benefit for credit losses
(277)(24)
Write-offs
375 252 
Recoveries
(98)(64)
Ending balance
$(8,592)$(7,722)
Components of allowance for credit losses:
For the Three Months Ended March 31,
20262025
(Dollars in millions)
Single-family allowance for credit losses:
Allowance for loan losses$(6,060)$(5,178)
Other(1)
(226)(178)
Total$(6,286)$(5,356)
Multifamily allowance for credit losses:
Allowance for loan losses$(2,297)$(2,354)
Other(1)
(9)(12)
Total$(2,306)$(2,366)
Total allowance for credit losses:
Allowance for loan losses$(8,357)$(7,532)
Other(1)
(235)(190)
Total$(8,592)$(7,722)
(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.