v3.26.1
Investments AFS - Unrealized Loss Position Table (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months $ 4,347,920 $ 1,753,625
AFS - Unrealized Losses - Less than 12 months (8,661) (1,769)
AFS - Fair Value - 12 months or longer 2,834,436 3,845,710
AFS - Unrealized Losses - 12 months or longer (39,964) (45,579)
AFS - Fair Value - Total in Continuous Loss Position 7,182,356 5,599,335
AFS - Unrealized Losses - Total in Continuous Loss Position (48,625) (47,348)
GSE obligations    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 3,839 0
AFS - Unrealized Losses - Less than 12 months (11) 0
AFS - Fair Value - 12 months or longer 26,401 26,616
AFS - Unrealized Losses - 12 months or longer (1,184) (1,010)
AFS - Fair Value - Total in Continuous Loss Position 30,240 26,616
AFS - Unrealized Losses - Total in Continuous Loss Position (1,195) (1,010)
State or local agency obligations [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 33,315 594
AFS - Unrealized Losses - Less than 12 months (435) (6)
AFS - Fair Value - 12 months or longer 124,677 154,103
AFS - Unrealized Losses - 12 months or longer (6,228) (6,687)
AFS - Fair Value - Total in Continuous Loss Position 157,992 154,697
AFS - Unrealized Losses - Total in Continuous Loss Position (6,663) (6,693)
Non-MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 1,157,174 403,336
AFS - Unrealized Losses - Less than 12 months (1,784) (45)
AFS - Fair Value - 12 months or longer 151,078 230,308
AFS - Unrealized Losses - 12 months or longer (7,412) (7,929)
AFS - Fair Value - Total in Continuous Loss Position 1,308,252 633,644
AFS - Unrealized Losses - Total in Continuous Loss Position (9,196) (7,974)
U.S. obligations single-family    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 375,857 118,520
AFS - Unrealized Losses - Less than 12 months (687) (162)
AFS - Fair Value - 12 months or longer 349,792 616,484
AFS - Unrealized Losses - 12 months or longer (4,714) (6,133)
AFS - Fair Value - Total in Continuous Loss Position 725,649 735,004
AFS - Unrealized Losses - Total in Continuous Loss Position (5,401) (6,295)
Private label MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 8,225 1,858
AFS - Unrealized Losses - Less than 12 months (214) (26)
AFS - Fair Value - 12 months or longer 22,748 24,089
AFS - Unrealized Losses - 12 months or longer (1,121) (1,191)
AFS - Fair Value - Total in Continuous Loss Position 30,973 25,947
AFS - Unrealized Losses - Total in Continuous Loss Position (1,335) (1,217)
MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 3,190,746 1,350,289
AFS - Unrealized Losses - Less than 12 months (6,877) (1,724)
AFS - Fair Value - 12 months or longer 2,683,358 3,615,402
AFS - Unrealized Losses - 12 months or longer (32,552) (37,650)
AFS - Fair Value - Total in Continuous Loss Position 5,874,104 4,965,691
AFS - Unrealized Losses - Total in Continuous Loss Position (39,429) (39,374)
U.S. Treasury obligations    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 1,120,020 402,742
AFS - Unrealized Losses - Less than 12 months (1,338) (39)
AFS - Fair Value - 12 months or longer 0 49,589
AFS - Unrealized Losses - 12 months or longer 0 (232)
AFS - Fair Value - Total in Continuous Loss Position 1,120,020 452,331
AFS - Unrealized Losses - Total in Continuous Loss Position (1,338) (271)
Single Family [Member] | GSE MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 2,004,523 1,066,790
AFS - Unrealized Losses - Less than 12 months (4,164) (1,336)
AFS - Fair Value - 12 months or longer 1,031,102 1,264,868
AFS - Unrealized Losses - 12 months or longer (23,030) (26,127)
AFS - Fair Value - Total in Continuous Loss Position 3,035,625 2,331,658
AFS - Unrealized Losses - Total in Continuous Loss Position (27,194) (27,463)
Multifamily [Member] | GSE MBS [Member]    
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]    
AFS - Fair Value - Less than 12 Months 802,141 163,121
AFS - Unrealized Losses - Less than 12 months (1,812) (200)
AFS - Fair Value - 12 months or longer 1,279,716 1,709,961
AFS - Unrealized Losses - 12 months or longer (3,687) (4,199)
AFS - Fair Value - Total in Continuous Loss Position 2,081,857 1,873,082
AFS - Unrealized Losses - Total in Continuous Loss Position $ (5,499) $ (4,399)