XML 38 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Cash and cash equivalents $ 48,879 $ 38,337
Restricted cash and cash equivalents (includes $68,777 and $68,308, respectively, related to consolidated trusts) 76,420 77,286
Federal funds sold and securities purchased under agreements to resell or similar arrangements (includes $17,775 and $0, respectively, related to consolidated trusts) 43,888 28,200
Investments in securities:    
Trading, at fair value (includes $6,186 and $6,544, respectively, pledged as collateral) 95,101 136,542
Available-for-sale, at fair value (with an amortized cost of $932 and $1,606, net of allowance for credit losses of $3 as of June 30, 2021 and December 31, 2020) 955 1,697
Total investments in securities 96,056 138,239
Mortgage loans:    
Loans held for sale, at lower of cost or fair value 6,933 5,197
Total loans held for investment 3,851,488 3,659,247
Allowance for loan losses (7,114) (10,552)
Total loans held for investment, net of allowance 3,844,374 3,648,695
Total mortgage loans 3,851,307 3,653,892
Advances to lenders 6,257 10,449
Deferred tax assets, net 12,575 12,947
Accrued interest receivable, net (includes $9,821 and $9,635, respectively, related to consolidated trusts and net of allowance of $168 and $216 as of June 30, 2021 and December 31, 2020, respectively) 10,169 9,937
Acquired property, net 1,138 1,261
Other assets 11,349 15,201
Total assets 4,158,038 3,985,749
Liabilities:    
Accrued interest payable (includes $8,653 and $8,955, respectively, related to consolidated trusts) 9,374 9,719
Other liabilities (includes $1,325 and $1,523, respectively, related to consolidated trusts) 15,044 15,035
Total liabilities 4,120,693 3,960,490
Commitments and contingencies (Note 13) 0 0
Fannie Mae stockholders’ equity:    
Senior preferred stock (liquidation preference of $151,724 and $142,192, respectively) 120,836 120,836
Preferred stock, 700,000,000 shares are authorized—555,374,922 shares issued and outstanding 19,130 19,130
Common stock, no par value, no maximum authorization—1,308,762,703 shares issued and 1,158,087,567 shares outstanding 687 687
Accumulated deficit (95,965) (108,110)
Accumulated other comprehensive income 57 116
Treasury stock, at cost, 150,675,136 shares (7,400) (7,400)
Total stockholders’ equity (See Note 1: Senior Preferred Stock Purchase Agreement and Senior Preferred Stock for information on the related dividend obligation and liquidation preference) 37,345 25,259
Total liabilities and equity 4,158,038 3,985,749
Fannie Mae    
Mortgage loans:    
Total loans held for investment 81,363 112,726
Liabilities:    
Debt (includes $2,946 and $3,728, respectively, of debt of Fannie Mae at fair value and $22,972 and $24,586 respectively, of debt of consolidated trusts, at fair value) 251,576 289,572
Consolidated Trusts    
Assets:    
Restricted cash and cash equivalents (includes $68,777 and $68,308, respectively, related to consolidated trusts) 68,777 68,308
Federal funds sold and securities purchased under agreements to resell or similar arrangements (includes $17,775 and $0, respectively, related to consolidated trusts) 17,775 0
Investments in securities:    
Trading, at fair value (includes $6,186 and $6,544, respectively, pledged as collateral) 689 793
Mortgage loans:    
Total loans held for investment 3,770,125 3,546,521
Accrued interest receivable, net (includes $9,821 and $9,635, respectively, related to consolidated trusts and net of allowance of $168 and $216 as of June 30, 2021 and December 31, 2020, respectively) 9,821 9,635
Liabilities:    
Accrued interest payable (includes $8,653 and $8,955, respectively, related to consolidated trusts) 8,653 8,955
Debt (includes $2,946 and $3,728, respectively, of debt of Fannie Mae at fair value and $22,972 and $24,586 respectively, of debt of consolidated trusts, at fair value) 3,844,699 3,646,164
Other liabilities (includes $1,325 and $1,523, respectively, related to consolidated trusts) $ 1,325 $ 1,523