v3.26.3
Investments (Details) - Table - AFS Securities (Amortized Cost & Fair Values) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
AFS Securities    
Amortized Cost $ 19,704 $ 20,144
Allowance for Credit Losses (44) (32)
Gross Unrealized Gains 170 158
Gross Unrealized Losses (28) (17)
Estimated Fair Value 19,802 20,253
U.S. Treasury obligations    
AFS Securities    
Amortized Cost 6,302 6,384
Allowance for Credit Losses 0 0
Gross Unrealized Gains 10 9
Gross Unrealized Losses 0 0
Estimated Fair Value 6,312 6,393
State housing agency obligations:    
AFS Securities    
Amortized Cost 67 42
Allowance for Credit Losses 0 0
Gross Unrealized Gains 0 0
Gross Unrealized Losses (3) 0
Estimated Fair Value 64 42
MBS - GSEs    
AFS Securities    
Amortized Cost 12,502 12,819
Allowance for Credit Losses 0 0
Gross Unrealized Gains 138 118
Gross Unrealized Losses (1) 0
Estimated Fair Value 12,639 12,937
PLRMBS    
AFS Securities    
Amortized Cost 833 899
Allowance for Credit Losses (44) (32)
Gross Unrealized Gains 22 31
Gross Unrealized Losses (24) (17)
Estimated Fair Value 787 881
MBS    
AFS Securities    
Amortized Cost 13,335 13,718
Allowance for Credit Losses (44) (32)
Gross Unrealized Gains 160 149
Gross Unrealized Losses (25) (17)
Estimated Fair Value $ 13,426 $ 13,818