XML 99 R68.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value Levels Hierarchy (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets [Abstract]    
Mortgage loans held for investment, at fair value $ 6,048 $ 6,490
Other assets [Abstract]    
Derivative assets, gross amount offset (655) (905)
Other liabilities [Abstract]    
Derivative liabilities, gross amount offset (1,632) (995)
Mortgage commitment derivatives    
Other assets [Abstract]    
Derivative assets, gross amount offset 0 0
Other liabilities [Abstract]    
Derivative liabilities, gross amount offset 0 0
Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 3,336 3,728
Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 23,601 24,586
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets [Abstract]    
Trading securities 105,601 130,456
Available-for-sale securities 0 0
Mortgage loans held for investment, at fair value 0 0
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Total assets at fair value 208,442 227,635
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Total liabilities at fair value 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 0 0
Significant Other Observable Inputs (Level 2) [Member]    
Assets [Abstract]    
Trading securities 5,546 5,991
Available-for-sale securities 891 1,049
Mortgage loans held for investment, at fair value 3,549,337 3,512,672
Other assets [Abstract]    
Derivatives assets at fair value 3,115 1,748
Total assets at fair value 3,639,408 3,578,668
Other liabilities [Abstract]    
Derivative liabilities at fair value 3,692 2,441
Total liabilities at fair value 4,062,768 4,059,705
Significant Other Observable Inputs (Level 2) [Member] | Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 279,208 288,414
Significant Other Observable Inputs (Level 2) [Member] | Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 3,777,011 3,756,673
Significant Unobservable Inputs (Level 3) [Member]    
Assets [Abstract]    
Trading securities 109 95
Available-for-sale securities 611 648
Mortgage loans held for investment, at fair value 245,916 255,556
Other assets [Abstract]    
Derivatives assets at fair value 212 382
Total assets at fair value 252,213 262,442
Other liabilities [Abstract]    
Derivative liabilities at fair value 46 49
Total liabilities at fair value 31,939 32,593
Significant Unobservable Inputs (Level 3) [Member] | Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 828 878
Significant Unobservable Inputs (Level 3) [Member] | Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 30,990 31,584
Recurring Fair Value Measurements [Member]    
Assets [Abstract]    
Trading securities 111,256 136,542
Available-for-sale securities 1,502 1,697
Mortgage loans held for investment, at fair value 6,048 6,490
Other assets [Abstract]    
Derivatives assets at fair value 2,672 1,225
Derivative assets, gross amount offset (655) (905)
Total assets at fair value 125,528 147,074
Liabilities [Abstract]    
Long-term debt, fair value 26,937 28,314
Other liabilities [Abstract]    
Derivative liabilities at fair value 2,106 1,495
Derivative liabilities, gross amount offset (1,632) (995)
Total liabilities at fair value 29,043 29,809
Cash and Cash Equivalents, Fair Value Disclosure 4,050 1,120
Recurring Fair Value Measurements [Member] | Swaps [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 450 579
Other liabilities [Abstract]    
Derivative liabilities at fair value 1,662 881
Recurring Fair Value Measurements [Member] | Swaptions [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 220 383
Other liabilities [Abstract]    
Derivative liabilities at fair value 58 134
Recurring Fair Value Measurements [Member] | Mortgage commitment derivatives    
Other assets [Abstract]    
Derivatives assets at fair value 2,596 989
Other liabilities [Abstract]    
Derivative liabilities at fair value 1,972 1,426
Recurring Fair Value Measurements [Member] | Other [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 61 179
Other liabilities [Abstract]    
Derivative liabilities at fair value 46 49
Recurring Fair Value Measurements [Member] | Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 3,336 3,728
Recurring Fair Value Measurements [Member] | Fannie Mae [Member] | Senior floating [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 3,336 3,728
Recurring Fair Value Measurements [Member] | Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 23,601 24,586
Recurring Fair Value Measurements [Member] | Fannie Mae [Member]    
Assets [Abstract]    
Trading securities 1,985 2,404
Available-for-sale securities 1,036 1,168
Recurring Fair Value Measurements [Member] | Other agency [Member]    
Assets [Abstract]    
Trading securities 3,440 3,451
Available-for-sale securities 34 65
Recurring Fair Value Measurements [Member] | Private-label and other mortgage securities [Member]    
Assets [Abstract]    
Trading securities 157 158
Available-for-sale securities 5 6
Recurring Fair Value Measurements [Member] | Mortgage revenue bonds [Member]    
Assets [Abstract]    
Available-for-sale securities 191 216
Recurring Fair Value Measurements [Member] | Other [Member]    
Assets [Abstract]    
Available-for-sale securities 236 242
Recurring Fair Value Measurements [Member] | U.S. Treasury securities [Member]    
Assets [Abstract]    
Trading securities 105,601 130,456
Recurring Fair Value Measurements [Member] | Other securities [Member]    
Assets [Abstract]    
Trading securities 73 73
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets [Abstract]    
Trading securities 105,601 130,456
Available-for-sale securities 0 0
Mortgage loans held for investment, at fair value 0 0
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Total assets at fair value 109,651 131,576
Liabilities [Abstract]    
Long-term debt, fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Total liabilities at fair value 0 0
Cash and Cash Equivalents, Fair Value Disclosure 4,050 1,120
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Swaps [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Swaptions [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mortgage commitment derivatives    
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Other [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fannie Mae [Member] | Senior floating [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fannie Mae [Member]    
Assets [Abstract]    
Trading securities 0 0
Available-for-sale securities 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Other agency [Member]    
Assets [Abstract]    
Trading securities 0 0
Available-for-sale securities 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Private-label and other mortgage securities [Member]    
Assets [Abstract]    
Trading securities 0 0
Available-for-sale securities 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mortgage revenue bonds [Member]    
Assets [Abstract]    
Available-for-sale securities 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Other [Member]    
Assets [Abstract]    
Available-for-sale securities 0 0
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury securities [Member]    
Assets [Abstract]    
Trading securities 105,601 130,456
Recurring Fair Value Measurements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Other securities [Member]    
Assets [Abstract]    
Trading securities 0 0
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Assets [Abstract]    
Trading securities 5,546 5,991
Available-for-sale securities 891 1,049
Mortgage loans held for investment, at fair value 5,228 5,629
Other assets [Abstract]    
Derivatives assets at fair value 3,115 1,748
Total assets at fair value 14,780 14,417
Liabilities [Abstract]    
Long-term debt, fair value 26,497 27,815
Other liabilities [Abstract]    
Derivative liabilities at fair value 3,692 2,441
Total liabilities at fair value 30,189 30,256
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Swaps [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 299 376
Other liabilities [Abstract]    
Derivative liabilities at fair value 1,662 881
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Swaptions [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 220 383
Other liabilities [Abstract]    
Derivative liabilities at fair value 58 134
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage commitment derivatives    
Other assets [Abstract]    
Derivatives assets at fair value 2,596 989
Other liabilities [Abstract]    
Derivative liabilities at fair value 1,972 1,426
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 2,954 3,312
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Fannie Mae [Member] | Senior floating [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 2,954 3,312
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 23,543 24,503
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Fannie Mae [Member]    
Assets [Abstract]    
Trading securities 1,876 2,310
Available-for-sale securities 847 973
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other agency [Member]    
Assets [Abstract]    
Trading securities 3,440 3,450
Available-for-sale securities 34 65
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Private-label and other mortgage securities [Member]    
Assets [Abstract]    
Trading securities 157 158
Available-for-sale securities 4 4
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage revenue bonds [Member]    
Assets [Abstract]    
Available-for-sale securities 0 0
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other [Member]    
Assets [Abstract]    
Available-for-sale securities 6 7
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury securities [Member]    
Assets [Abstract]    
Trading securities 0 0
Recurring Fair Value Measurements [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other securities [Member]    
Assets [Abstract]    
Trading securities 73 73
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Assets [Abstract]    
Trading securities 109 195
Available-for-sale securities 611 648
Mortgage loans held for investment, at fair value 820 861
Other assets [Abstract]    
Derivatives assets at fair value 212 382
Total assets at fair value 1,752 1,986
Liabilities [Abstract]    
Long-term debt, fair value 440 499
Other liabilities [Abstract]    
Derivative liabilities at fair value 46 49
Total liabilities at fair value 486 548
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Swaps [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 151 203
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Swaptions [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage commitment derivatives    
Other assets [Abstract]    
Derivatives assets at fair value 0 0
Other liabilities [Abstract]    
Derivative liabilities at fair value 0 0
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other [Member]    
Other assets [Abstract]    
Derivatives assets at fair value 61 179
Other liabilities [Abstract]    
Derivative liabilities at fair value 46 49
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Fannie Mae [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 382 416
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Fannie Mae [Member] | Senior floating [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 382 416
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Consolidated Trusts [Member]    
Liabilities [Abstract]    
Long-term debt, fair value 58 83
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Fannie Mae [Member]    
Assets [Abstract]    
Trading securities 109 94
Available-for-sale securities 189 195
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other agency [Member]    
Assets [Abstract]    
Trading securities 0 1
Available-for-sale securities 0 0
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Private-label and other mortgage securities [Member]    
Assets [Abstract]    
Trading securities 0 0
Available-for-sale securities 1 2
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage revenue bonds [Member]    
Assets [Abstract]    
Available-for-sale securities 191 216
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other [Member]    
Assets [Abstract]    
Available-for-sale securities 230 235
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Treasury securities [Member]    
Assets [Abstract]    
Trading securities 0 0
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other securities [Member]    
Assets [Abstract]    
Trading securities $ 0 0
Recurring Fair Value Measurements [Member] | Significant Unobservable Inputs (Level 3) [Member] | Trading Securities    
Assets [Abstract]    
Trading securities   $ 95