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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets:    
Cash and cash equivalents $ 36,330 $ 42,448
Restricted cash and cash equivalents (includes $46,317 and $59,203, respectively, related to consolidated trusts) 52,651 66,183
Securities purchased under agreements to resell or similar arrangements (includes $9,707 and $13,533, respectively, related to consolidated trusts) 17,907 20,743
Investments in securities:    
Trading, at fair value (includes $2,891 and $4,224, respectively, pledged as collateral) 84,629 88,206
Available-for-sale, at fair value (with an amortized cost of $802 and $827, respectively) 806 837
Total investments in securities 85,435 89,043
Mortgage loans:    
Loans held for sale, at lower of cost or fair value 5,920 5,134
Total loans held for investment 4,050,517 3,968,737
Allowance for loan losses (5,899) (5,629)
Total loans held for investment, net of allowance 4,044,618 3,963,108
Total mortgage loans 4,050,538 3,968,242
Advances to lenders 5,977 8,414
Deferred tax assets, net 13,075 12,715
Accrued interest receivable, net (includes $8,824 and $8,878 related to consolidated trusts and net of allowance of $128 and $140, respectively) 9,383 9,264
Acquired property, net 1,456 1,259
Other assets 12,277 10,855
Total assets 4,285,029 4,229,166
Liabilities:    
Accrued interest payable (includes $8,598 and $8,517, respectively, related to consolidated trusts) 9,270 9,186
Other liabilities (includes $2,119 and $1,245, respectively, related to consolidated trusts) 15,204 14,432
Total liabilities 4,233,271 4,181,809
Commitments and contingencies (Note 13) 0 0
Fannie Mae stockholders’ equity:    
Senior preferred stock (liquidation preference of $168,856 and $163,672, 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 (81,526) (85,934)
Accumulated other comprehensive income 31 38
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) 51,758 47,357
Total liabilities and equity 4,285,029 4,229,166
Fannie Mae    
Mortgage loans:    
Total loans held for investment 60,297 61,025
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) 180,169 200,892
Consolidated Trusts    
Assets:    
Restricted cash and cash equivalents (includes $46,317 and $59,203, respectively, related to consolidated trusts) 46,317 59,203
Securities purchased under agreements to resell or similar arrangements (includes $9,707 and $13,533, respectively, related to consolidated trusts) 9,707 13,533
Investments in securities:    
Trading, at fair value (includes $2,891 and $4,224, respectively, pledged as collateral) 499 593
Mortgage loans:    
Total loans held for investment 3,990,220 3,907,712
Accrued interest receivable, net (includes $8,824 and $8,878 related to consolidated trusts and net of allowance of $128 and $140, respectively) 8,824 8,878
Liabilities:    
Accrued interest payable (includes $8,598 and $8,517, respectively, related to consolidated trusts) 8,598 8,517
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) 4,028,628 3,957,299
Other liabilities (includes $2,119 and $1,245, respectively, related to consolidated trusts) $ 2,119 $ 1,245