Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2022

Receivables [Abstract]

Financing Receivable, Allowance for Credit Loss

The following table displays changes in our allowance for single-family loans, multifamily loans and total allowance for loan losses. The benefit or provision for loan losses excludes provision for accrued interest receivable losses, guaranty loss reserves and credit losses on available-for-sale (“AFS”) debt securities. Cumulatively, these amounts are recognized as “Benefit (provision) for credit losses” in our condensed consolidated statements of operations and comprehensive income.

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
	(Dollars in millions)
Single-family allowance for loan losses:
Beginning balance	$	(5,241)	$	(8,547)	$	(4,950)	$	(9,344)
Benefit (provision) for loan losses	(248)		2,493		(530)		3,164
Write-offs	248		149		275		220
Recoveries	(84)		(77)		(117)		(79)
Other	(64)		(82)		(67)		(25)
Ending Balance	$	(5,389)	$	(6,064)	$	(5,389)	$	(6,064)
Multifamily allowance for loan losses:
Beginning balance	$	(658)	$	(1,081)	$	(679)	$	(1,208)
Benefit (provision) for loan losses	(12)		35		16		130
Write-offs	—		14		—		47
Recoveries	(10)		(18)		(17)		(19)
Ending Balance	$	(680)	$	(1,050)	$	(680)	$	(1,050)
Total allowance for loan losses:
Beginning balance	$	(5,899)	$	(9,628)	$	(5,629)	$	(10,552)
Benefit (provision) for loan losses	(260)		2,528		(514)		3,294
Write-offs	248		163		275		267
Recoveries	(94)		(95)		(134)		(98)
Other	(64)		(82)		(67)		(25)
Ending Balance	$	(6,069)	$	(7,114)	$	(6,069)	$	(7,114)