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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets:    
Cash and cash equivalents $ 41,639 $ 42,448
Restricted cash and cash equivalents (includes $28,346 and $59,203, respectively, related to consolidated trusts) 34,303 66,183
Securities purchased under agreements to resell (includes $13,391 and $13,533, respectively, related to consolidated trusts) 15,391 20,743
Investments in securities:    
Trading, at fair value (includes $3,824 and $4,224, respectively, pledged as collateral) 64,811 88,206
Available-for-sale, at fair value (with an amortized cost of $764 and $827, respectively) 765 837
Total investments in securities 65,576 89,043
Mortgage loans:    
Loans held for sale, at lower of cost or fair value 4,579 5,134
Total loans held for investment 4,093,421 3,968,737
Allowance for loan losses (6,069) (5,629)
Total loans held for investment, net of allowance 4,087,352 3,963,108
Total mortgage loans 4,091,931 3,968,242
Advances to lenders 4,622 8,414
Deferred tax assets, net 12,402 12,715
Accrued interest receivable, net (includes $8,968 and $8,878 related to consolidated trusts and net of allowance of $89 and $140, respectively) 9,565 9,264
Acquired property, net 1,485 1,259
Other assets 12,053 10,855
Total assets 4,288,967 4,229,166
Liabilities:    
Accrued interest payable (includes $8,777 and $8,517, respectively, related to consolidated trusts) 9,355 9,186
Other liabilities (includes $1,870 and $1,245, respectively, related to consolidated trusts) 14,558 14,432
Total liabilities 4,232,560 4,181,809
Commitments and contingencies (Note 13) 0 0
Fannie Mae stockholders’ equity:    
Senior preferred stock (liquidation preference of $173,257 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 (76,873) (85,934)
Accumulated other comprehensive income 27 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) 56,407 47,357
Total liabilities and equity 4,288,967 4,229,166
Fannie Mae    
Mortgage loans:    
Total loans held for investment 58,241 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) 144,455 200,892
Consolidated Trusts    
Assets:    
Restricted cash and cash equivalents (includes $28,346 and $59,203, respectively, related to consolidated trusts) 28,346 59,203
Securities purchased under agreements to resell (includes $13,391 and $13,533, respectively, related to consolidated trusts) 13,391 13,533
Investments in securities:    
Trading, at fair value (includes $3,824 and $4,224, respectively, pledged as collateral) 469 593
Mortgage loans:    
Total loans held for investment 4,035,180 3,907,712
Accrued interest receivable, net (includes $8,968 and $8,878 related to consolidated trusts and net of allowance of $89 and $140, respectively) 8,968 8,878
Liabilities:    
Accrued interest payable (includes $8,777 and $8,517, respectively, related to consolidated trusts) 8,777 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) 4,064,192 3,957,299
Other liabilities (includes $1,870 and $1,245, respectively, related to consolidated trusts) $ 1,870 $ 1,245