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Fair Value - Recurring Level 3 Rollforward (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Trading securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance $ 95 $ 46 $ 33
Total gains or (losses) (realized/unrealized), net income (24) (9) 3
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 18 0 77
Sales 0 (95) (22)
Issues 0 0 0
Settlements 0 (3) (17)
Transfers out of Level 3 (165) (49) (108)
Transfers into Level 3 133 205 80
Ending Balance 57 95 46
Net unrealized gains (losses) included in net income related to assets still held 0 (8) 1
Trading securities | Fannie Mae      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 94 45 32
Total gains or (losses) (realized/unrealized), net income (24) (12) 3
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 18 0 77
Sales 0 (1) (22)
Issues 0 0 0
Settlements 0 0 (16)
Transfers out of Level 3 (164) (48) (108)
Transfers into Level 3 133 110 79
Ending Balance 57 94 45
Net unrealized gains (losses) included in net income related to assets still held 0 (8) 1
Trading securities | Other agency      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 1 1 0
Total gains or (losses) (realized/unrealized), net income 0 0 0
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues 0 0 0
Settlements 0 0 0
Transfers out of Level 3 (1) (1) 0
Transfers into Level 3 0 1 1
Ending Balance 0 1 1
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Trading securities | Private-label and other mortgage securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 0 0 1
Total gains or (losses) (realized/unrealized), net income   3 0
Total gains or (losses) (realized/unrealized), OCI   0 0
Purchases   0 0
Sales   (94) 0
Issues   0 0
Settlements   (3) (1)
Transfers out of Level 3   0 0
Transfers into Level 3   94 0
Ending Balance   0 0
Net unrealized gains (losses) included in net income related to assets still held   0 0
Available-for-sale securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 648 792 952
Total gains or (losses) (realized/unrealized), net income 14 (8) 19
Total gains or (losses) (realized/unrealized), OCI (7) 5 (11)
Purchases 0 0 0
Sales 0 (1) (28)
Issues 0 0 0
Settlements (171) (177) (158)
Transfers out of Level 3 (107) (243) (106)
Transfers into Level 3 376 280 124
Ending Balance 753 648 792
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Available-for-sale securities | Fannie Mae      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 195 171 152
Total gains or (losses) (realized/unrealized), net income 1 1 0
Total gains or (losses) (realized/unrealized), OCI (1) 4 7
Purchases 0 0 0
Sales 0 (1) 0
Issues 0 0 0
Settlements (33) (15) (8)
Transfers out of Level 3 (107) (243) (103)
Transfers into Level 3 376 278 123
Ending Balance 431 195 171
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Available-for-sale securities | Private-label and other mortgage securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 2 0 24
Total gains or (losses) (realized/unrealized), net income 0 0 5
Total gains or (losses) (realized/unrealized), OCI 0 0 (5)
Purchases 0 0 0
Sales 0 0 (23)
Issues 0 0 0
Settlements 0 0 (1)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 2 0
Ending Balance 2 2 0
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Available-for-sale securities | Mortgage revenue bonds      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 216 315 434
Total gains or (losses) (realized/unrealized), net income 3 (3) 1
Total gains or (losses) (realized/unrealized), OCI (5) 2 (3)
Purchases 0 0 0
Sales 0 0 (5)
Issues 0 0 0
Settlements (70) (98) (112)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 0 0
Ending Balance 144 216 315
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Available-for-sale securities | Other      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 235 306 342
Total gains or (losses) (realized/unrealized), net income 10 (6) 13
Total gains or (losses) (realized/unrealized), OCI (1) (1) (10)
Purchases 0 0 0
Sales 0 0 0
Issues 0 0 0
Settlements (68) (64) (37)
Transfers out of Level 3 0 0 (3)
Transfers into Level 3 0 0 1
Ending Balance 176 235 306
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Mortgage loans      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 861 688 937
Total gains or (losses) (realized/unrealized), net income 31 47 46
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 89 0 0
Sales (66) (21) (52)
Issues 0 0 0
Settlements (194) (132) (136)
Transfers out of Level 3 (86) (104) (254)
Transfers into Level 3 120 383 147
Ending Balance 755 861 688
Net unrealized gains (losses) included in net income related to assets still held 26 11 26
Net derivatives      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 333 162 194
Total gains or (losses) (realized/unrealized), net income (209) 233 109
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues 0 0 0
Settlements 7 (80) (119)
Transfers out of Level 3 0 18 (10)
Transfers into Level 3 0 0 (12)
Ending Balance 131 333 162
Net unrealized gains (losses) included in net income related to assets still held (202) 159 3
Long-term debt      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance (499) (473) (552)
Total gains (losses) (realized/unrealized), net income 42 (43) (55)
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues 0 0 (2)
Settlements 16 41 19
Transfers out of Level 3 20 5 200
Transfers Into Level 3 (47) (29) (83)
Ending Balance (468) (499) (473)
Net unrealized gains (losses) included in net income related to liabilities still held 41 (42) (51)
Long-term debt | Consolidated Trusts      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance (83) (75) (201)
Total gains (losses) (realized/unrealized), net income (1) (2) (8)
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues 0 0 (2)
Settlements 16 18 19
Transfers out of Level 3 20 5 200
Transfers Into Level 3 (47) (29) (83)
Ending Balance (95) (83) (75)
Net unrealized gains (losses) included in net income related to liabilities still held (2) (1) (4)
Long-term debt | Senior floating | Fannie Mae      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance (416) (398) (351)
Total gains (losses) (realized/unrealized), net income 43 (41) (47)
Total gains or (losses) (realized/unrealized), OCI 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues 0 0 0
Settlements 0 23 0
Transfers out of Level 3 0 0 0
Transfers Into Level 3 0 0 0
Ending Balance (373) (416) (398)
Net unrealized gains (losses) included in net income related to liabilities still held 43 (41) (47)
Other Comprehensive Income (Loss) | Trading securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Other Comprehensive Income (Loss) | Trading securities | Fannie Mae      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Other Comprehensive Income (Loss) | Trading securities | Other agency      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Other Comprehensive Income (Loss) | Trading securities | Private-label and other mortgage securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held   0 0
Other Comprehensive Income (Loss) | Available-for-sale securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 1 4 (3)
Other Comprehensive Income (Loss) | Available-for-sale securities | Fannie Mae      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 2 0 6
Other Comprehensive Income (Loss) | Available-for-sale securities | Private-label and other mortgage securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 1 0 0
Other Comprehensive Income (Loss) | Available-for-sale securities | Mortgage revenue bonds      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held (3) 4 (1)
Other Comprehensive Income (Loss) | Available-for-sale securities | Other      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 1 0 (8)
Other Comprehensive Income (Loss) | Mortgage loans      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Other Comprehensive Income (Loss) | Net derivatives      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to assets still held 0 0 0
Other Comprehensive Income (Loss) | Long-term debt      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to liabilities still held 0 0 0
Other Comprehensive Income (Loss) | Long-term debt | Consolidated Trusts      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to liabilities still held 0 0 0
Other Comprehensive Income (Loss) | Long-term debt | Senior floating | Fannie Mae      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Net unrealized gains (losses) included in net income related to liabilities still held $ 0 $ 0 $ 0