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Segment Reporting (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
segments
Jun. 30, 2020
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable business segments | segments     2  
Net interest income $ 8,286 $ 5,777 $ 15,028 $ 11,124
Fee and other income 103 90 190 210
Net revenues 8,389 5,867 15,218 11,334
Investment gains (losses), net 646 149 691 (9)
Fair value gains (losses), net (446) (1,018) 338 (1,294)
Administrative expenses (746) (754) (1,494) (1,503)
Benefit (provision) for credit losses 2,588 (12) 3,353 (2,595)
Foreclosed property expense (41) (10) (36) (90)
Total credit-related income (expense) 2,547 (22) 3,317 (2,685)
TCCA fees (758) (660) (1,489) (1,297)
Credit enhancement expense (274) (360) (558) (736)
Change in expected credit enhancement recoveries (44) 273 (75) 461
Other income (expenses), net (280) (261) (599) (479)
Income before federal income taxes 9,034 3,214 15,349 3,792
Provision for federal income taxes (1,882) (669) (3,204) (786)
Net income 7,152 2,545 12,145 3,006
US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (758) (660) (1,489) (1,297)
Business Segments | Single-Family        
Segment Reporting Information [Line Items]        
Net interest income 7,323 4,939 13,217 9,480
Fee and other income 80 71 142 165
Net revenues 7,403 5,010 13,359 9,645
Investment gains (losses), net 658 96 722 (56)
Fair value gains (losses), net (386) (1,030) 354 (1,490)
Administrative expenses (619) (625) (1,242) (1,254)
Benefit (provision) for credit losses 2,553 219 3,215 (1,953)
Foreclosed property expense (28) (3) (11) (81)
Total credit-related income (expense) 2,525 216 3,204 (2,034)
Credit enhancement expense (219) (307) (445) (623)
Change in expected credit enhancement recoveries (57) 208 (73) 266
Other income (expenses), net (315) (252) (602) (415)
Income before federal income taxes 8,232 2,656 13,788 2,742
Provision for federal income taxes (1,725) (556) (2,887) (574)
Net income 6,507 2,100 10,901 2,168
Business Segments | Single-Family | US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (758) (660) (1,489) (1,297)
Business Segments | Multifamily        
Segment Reporting Information [Line Items]        
Net interest income 963 838 1,811 1,644
Fee and other income 23 19 48 45
Net revenues 986 857 1,859 1,689
Investment gains (losses), net (12) 53 (31) 47
Fair value gains (losses), net (60) 12 (16) 196
Administrative expenses (127) (129) (252) (249)
Benefit (provision) for credit losses 35 (231) 138 (642)
Foreclosed property expense (13) (7) (25) (9)
Total credit-related income (expense) 22 (238) 113 (651)
Credit enhancement expense (55) (53) (113) (113)
Change in expected credit enhancement recoveries 13 65 (2) 195
Other income (expenses), net 35 (9) 3 (64)
Income before federal income taxes 802 558 1,561 1,050
Provision for federal income taxes (157) (113) (317) (212)
Net income 645 445 1,244 838
Business Segments | Multifamily | US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees $ 0 $ 0 $ 0 $ 0