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Fair Value - Level 3 Rollforward (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total trading securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance $ 57 $ 95
Total gains (losses) (realized/unrealized) Included in Net Income (6) (1)
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) 0 0
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements 0 0
Transfers out of Level 3 (9) (8)
Transfers into Level 3 5 23
Ending Balance 47 109
Net unrealized gain (losses) related to assets (4) 2
Total trading securities | Fannie Mae    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 57 94
Total gains (losses) (realized/unrealized) Included in Net Income (6) (1)
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) 0 0
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements 0 0
Transfers out of Level 3 (9) (7)
Transfers into Level 3 5 23
Ending Balance 47 109
Net unrealized gain (losses) related to assets (4) 2
Total trading securities | Other agency    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance   1
Total gains (losses) (realized/unrealized) Included in Net Income   0
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss)   0
Purchases   0
Sales   0
Issues   0
Settlements   0
Transfers out of Level 3   (1)
Transfers into Level 3   0
Ending Balance   0
Net unrealized gain (losses) related to assets   0
Total available-for-sale securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 753 648
Total gains (losses) (realized/unrealized) Included in Net Income (7) 3
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) (5) (2)
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements (13) (38)
Transfers out of Level 3 (2) 0
Transfers into Level 3 1 0
Ending Balance 727 611
Net unrealized gain (losses) related to assets 0 0
Total available-for-sale securities | Fannie Mae    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 431 195
Total gains (losses) (realized/unrealized) Included in Net Income 1 0
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) (4) (3)
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements (10) (3)
Transfers out of Level 3 0 0
Transfers into Level 3 0 0
Ending Balance 418 189
Net unrealized gain (losses) related to assets 0 0
Total 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 2
Total gains (losses) (realized/unrealized) Included in Net Income 0 0
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) 0 (1)
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements 0 0
Transfers out of Level 3 (2) 0
Transfers into Level 3 0 0
Ending Balance 0 1
Net unrealized gain (losses) related to assets 0 0
Total available-for-sale securities | Mortgage revenue bonds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 144 216
Total gains (losses) (realized/unrealized) Included in Net Income 0 0
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) 0 (1)
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements (3) (24)
Transfers out of Level 3 0 0
Transfers into Level 3 0 0
Ending Balance 141 191
Net unrealized gain (losses) related to assets 0 0
Total available-for-sale securities | Other    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 176 235
Total gains (losses) (realized/unrealized) Included in Net Income (8) 3
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) (1) 3
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements 0 (11)
Transfers out of Level 3 0 0
Transfers into Level 3 1 0
Ending Balance 168 230
Net unrealized gain (losses) related to assets 0 0
Mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 755 861
Total gains (losses) (realized/unrealized) Included in Net Income (25) 8
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) 0 0
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements (41) (47)
Transfers out of Level 3 (44) (23)
Transfers into Level 3 23 21
Ending Balance 668 820
Net unrealized gain (losses) related to assets (21) 9
Net derivatives    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 131 333
Total gains (losses) (realized/unrealized) Included in Net Income (82) (132)
Total gains (losses) (realized/unrealized) Included in Other Comprehensive Income (Loss) 0 0
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements 8 (35)
Transfers out of Level 3 0 0
Transfers into Level 3 0 0
Ending Balance 57 166
Net unrealized gain (losses) related to assets (74) (167)
Long-term debt    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance (468) (499)
Total gains (losses) (realized/unrealized) Included in Net Income 68 35
Total gains (losses) (realized/unrealized) included in OCI 0 0
Purchases 0 0
Sales 0 0
Issues (86) 0
Settlements 18 4
Transfers out of Level 3 1 20
Transfers into Level 3 (1) 0
Ending Balance (468) (440)
Net unrealized gain (losses) related to liabilities 68 34
Long-term debt | Fannie Mae    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance (373) (416)
Total gains (losses) (realized/unrealized) Included in Net Income 66 34
Total gains (losses) (realized/unrealized) included in OCI 0 0
Purchases 0 0
Sales 0 0
Issues 0 0
Settlements 0 0
Transfers out of Level 3 0 0
Transfers into Level 3 0 0
Ending Balance (307) (382)
Net unrealized gain (losses) related to liabilities 66 34
Long-term debt | Consolidated Trusts    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance (95) (83)
Total gains (losses) (realized/unrealized) Included in Net Income 2 1
Total gains (losses) (realized/unrealized) included in OCI 0 0
Purchases 0 0
Sales 0 0
Issues (86) 0
Settlements 18 4
Transfers out of Level 3 1 20
Transfers into Level 3 (1) 0
Ending Balance (161) (58)
Net unrealized gain (losses) related to liabilities 2 0
Other Comprehensive Income (Loss) | Total trading securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets 0 0
Other Comprehensive Income (Loss) | Total trading securities | Fannie Mae    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets 0 0
Other Comprehensive Income (Loss) | Total trading securities | Other agency    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets   0
Other Comprehensive Income (Loss) | Total available-for-sale securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets (4) 0
Other Comprehensive Income (Loss) | Total available-for-sale securities | Fannie Mae    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets (3) (2)
Other Comprehensive Income (Loss) | Total 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 gain (losses) related to assets 0 0
Other Comprehensive Income (Loss) | Total available-for-sale securities | Mortgage revenue bonds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets 0 0
Other Comprehensive Income (Loss) | Total available-for-sale securities | Other    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets (1) 2
Other Comprehensive Income (Loss) | Mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets 0 0
Other Comprehensive Income (Loss) | Net derivatives    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to assets 0 0
Other Comprehensive Income (Loss) | Long-term debt    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to liabilities 0 0
Other Comprehensive Income (Loss) | Long-term debt | Fannie Mae    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Net unrealized gain (losses) related to liabilities 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 gain (losses) related to liabilities $ 0 $ 0