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Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Restricted cash and cash equivalents related to consolidated trusts $ 76,420 $ 77,286
Federal funds sold and securities purchased under agreements to resell or similar arrangements related to consolidated trusts 43,888 28,200
Investments in securities:    
Trading, at fair value pledged as collateral 6,186 6,544
Available-for-sale securities at amortized cost 932 1,606
Allowance for credit losses 3 3
Mortgage loans:    
Total loans held for investment, at fair value 5,616 6,490
Accrued interest receivable, net, related to consolidated trusts 10,169 9,937
Liabilities:    
Accrued interest payable related to consolidated trusts 9,374 9,719
Other liabilities related to consolidated trusts 15,044 15,035
Fannie Mae stockholders’ equity:    
Senior preferred stock liquidation preference $ 151,724 $ 142,192
Preferred stock authorized (shares) 700,000,000  
Preferred stock issued (shares) 555,374,922 555,374,922
Preferred stock outstanding (shares) 555,374,922 555,374,922
Common stock issued (shares) 1,308,762,703 1,308,762,703
Common stock outstanding (shares) 1,158,087,567 1,158,087,567
Treasury stock at cost (shares) 150,675,136 150,675,136
SEC Schedule, 12-09, Allowance, Loan and Lease Loss [Member]    
Mortgage loans:    
Accrued interest receivable, net, related to consolidated trusts $ 168 $ 216
Fannie Mae    
Liabilities:    
Long-term debt at fair value 2,946 3,728
Consolidated Trusts    
Assets:    
Restricted cash and cash equivalents related to consolidated trusts 68,777 68,308
Federal funds sold and securities purchased under agreements to resell or similar arrangements related to consolidated trusts 17,775 0
Mortgage loans:    
Accrued interest receivable, net, related to consolidated trusts 9,821 9,635
Liabilities:    
Accrued interest payable related to consolidated trusts 8,653 8,955
Long-term debt at fair value 22,972 24,586
Other liabilities related to consolidated trusts $ 1,325 $ 1,523