v3.26.3
Segment Reporting - Segment Earnings and Reconciliation to GAAP Condensed Consolidated Statements of Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]        
Interest income $ 35,065 $ 32,975 $ 102,990 $ 96,388
Interest Expense (29,188) (27,520) (85,484) (80,532)
Net interest income 5,877 5,455 17,506 15,856
Non-interest income (loss)        
Guarantee income 213 377 821 1,215
Investment gains (losses), net 599 (237) 215 74
Other income 121 144 392 362
Non-interest income (loss) 933 284 1,428 1,651
Net revenues 6,810 5,739 18,934 17,507
(Provision) benefit for credit losses (800) (175) 400 (1,238)
Non-interest expense        
General and Administrative Expense (686) (716) (1,988) (2,140)
Credit enhancement expense (422) (489) (1,370) (1,540)
Legislative and regulatory assessments (839) (839) (2,511) (2,481)
Other expense (47) (72) (244) (201)
Non-interest expense (1,994) (2,116) (6,113) (6,362)
Income before income tax expense 4,016 3,448 13,221 9,907
Income tax expense (781) (675) (2,590) (1,953)
Net income 3,235 2,773 10,631 7,954
Other comprehensive income (loss), net of taxes and reclassification adjustments (29) 16 (40) 71
Comprehensive income 3,206 2,789 10,591 8,025
Single Family Guarantee Segment | Operating segments        
Segment Reporting [Line Items]        
Interest income 32,546 31,421 96,104 92,108
Interest Expense (27,252) (26,374) (80,241) (77,410)
Net interest income 5,294 5,047 15,863 14,698
Non-interest income (loss)        
Guarantee income 10 20 49 76
Investment gains (losses), net 461 (252) (43) (49)
Other income 66 89 237 232
Non-interest income (loss) 537 (143) 243 259
Net revenues 5,831 4,904 16,106 14,957
(Provision) benefit for credit losses (685) (118) 472 (968)
Non-interest expense        
General and Administrative Expense (529) (549) (1,533) (1,647)
Credit enhancement expense (358) (439) (1,189) (1,394)
Legislative and regulatory assessments (827) (821) (2,475) (2,441)
Other expense (63) (59) (230) (162)
Non-interest expense (1,777) (1,868) (5,427) (5,644)
Income before income tax expense 3,369 2,918 11,151 8,345
Income tax expense (655) (571) (2,184) (1,645)
Net income 2,714 2,347 8,967 6,700
Other comprehensive income (loss), net of taxes and reclassification adjustments (9) 6 (19) 23
Comprehensive income 2,705 2,353 8,948 6,723
Multifamily | Operating segments        
Segment Reporting [Line Items]        
Interest income 2,519 1,554 6,886 4,280
Interest Expense (1,936) (1,146) (5,243) (3,122)
Net interest income 583 408 1,643 1,158
Non-interest income (loss)        
Guarantee income 203 357 772 1,139
Investment gains (losses), net 138 15 258 123
Other income 55 55 155 130
Non-interest income (loss) 396 427 1,185 1,392
Net revenues 979 835 2,828 2,550
(Provision) benefit for credit losses (115) (57) (72) (270)
Non-interest expense        
General and Administrative Expense (157) (167) (455) (493)
Credit enhancement expense (64) (50) (181) (146)
Legislative and regulatory assessments (12) (18) (36) (40)
Other expense 16 (13) (14) (39)
Non-interest expense (217) (248) (686) (718)
Income before income tax expense 647 530 2,070 1,562
Income tax expense (126) (104) (406) (308)
Net income 521 426 1,664 1,254
Other comprehensive income (loss), net of taxes and reclassification adjustments (20) 10 (21) 48
Comprehensive income $ 501 $ 436 $ 1,643 $ 1,302