Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 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 September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
	(Dollars in millions)
Single-family allowance for loan losses:
Beginning balance	$	(5,389)	$	(6,064)	$	(4,950)	$	(9,344)
Benefit (provision) for loan losses	(2,339)		839		(2,869)		4,003
Write-offs	289		51		564		271
Recoveries	(65)		(133)		(182)		(212)
Other	16		(8)		(51)		(33)
Ending Balance	$	(7,488)	$	(5,315)	$	(7,488)	$	(5,315)
Multifamily allowance for loan losses:
Beginning balance	$	(680)	$	(1,050)	$	(679)	$	(1,208)
Benefit (provision) for loan losses	(169)		45		(153)		175
Write-offs	39		7		39		54
Recoveries	(4)		(21)		(21)		(40)
Ending Balance	$	(814)	$	(1,019)	$	(814)	$	(1,019)
Total allowance for loan losses:
Beginning balance	$	(6,069)	$	(7,114)	$	(5,629)	$	(10,552)
Benefit (provision) for loan losses	(2,508)		884		(3,022)		4,178
Write-offs	328		58		603		325
Recoveries	(69)		(154)		(203)		(252)
Other	16		(8)		(51)		(33)
Ending Balance	$	(8,302)	$	(6,334)	$	(8,302)	$	(6,334)