v3.26.1
Investments (Details) - Table - AFS Securities (Amortized Cost & Fair Values) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
AFS Securities    
Amortized Cost $ 20,048 $ 20,144
Allowance for Credit Losses (32) (32)
Gross Unrealized Gains 173 158
Gross Unrealized Losses (23) (17)
Estimated Fair Value 20,166 20,253
U.S. Treasury obligations    
AFS Securities    
Amortized Cost 6,502 6,384
Allowance for Credit Losses 0 0
Gross Unrealized Gains 7 9
Gross Unrealized Losses (1) 0
Estimated Fair Value 6,508 6,393
State housing agency obligations:    
AFS Securities    
Amortized Cost 54 42
Allowance for Credit Losses 0 0
Gross Unrealized Gains 0 0
Gross Unrealized Losses (1) 0
Estimated Fair Value 53 42
MBS - GSEs    
AFS Securities    
Amortized Cost 12,617 12,819
Allowance for Credit Losses 0 0
Gross Unrealized Gains 139 118
Gross Unrealized Losses (1) 0
Estimated Fair Value 12,755 12,937
PLRMBS    
AFS Securities    
Amortized Cost 875 899
Allowance for Credit Losses (32) (32)
Gross Unrealized Gains 27 31
Gross Unrealized Losses (20) (17)
Estimated Fair Value 850 881
MBS    
AFS Securities    
Amortized Cost 13,492 13,718
Allowance for Credit Losses (32) (32)
Gross Unrealized Gains 166 149
Gross Unrealized Losses (21) (17)
Estimated Fair Value $ 13,605 $ 13,818