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Fair Value - Levels Hierarchy (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets:    
Total Fair Value $ 679 $ 696
Mortgage loans held for investment, net of allowance for loan losses 3,599 3,645
Derivative assets at fair value 153 175
Derivative assets, gross amount offset (164) (154)
Liabilities:    
Derivative liabilities 308 168
Fannie Mae    
Liabilities:    
Long-term debt: 1,132 1,161
Consolidated Trusts    
Liabilities:    
Long-term debt: 15,972 16,260
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 47,537 46,898
Total Fair Value 0 0
Mortgage loans held for investment, net of allowance for loan losses 0 0
Derivative assets at fair value 0 0
Total financial assets 83,774 79,889
Liabilities:    
Derivative liabilities 0 0
Total financial liabilities 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fannie Mae    
Liabilities:    
Long-term debt: 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Consolidated Trusts    
Liabilities:    
Long-term debt: 0 0
Significant Other Observable Inputs (Level 2)    
Assets:    
Trading securities 2,841 3,184
Total Fair Value 57 62
Mortgage loans held for investment, net of allowance for loan losses 3,489,281 3,437,979
Derivative assets at fair value 290 300
Total financial assets 3,576,790 3,512,490
Liabilities:    
Derivative liabilities 4,153 4,764
Total financial liabilities 3,716,103 3,648,996
Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 124,585 122,066
Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 3,573,396 3,511,958
Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 32 47
Total Fair Value 622 634
Mortgage loans held for investment, net of allowance for loan losses 170,658 171,857
Derivative assets at fair value 27 29
Total financial assets 172,014 174,762
Liabilities:    
Derivative liabilities 65 66
Total financial liabilities 42,200 42,840
Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 577 558
Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt: 41,490 42,150
Recurring    
Assets:    
Trading securities 50,410 50,129
Total Fair Value 679 696
Mortgage loans held for investment, net of allowance for loan losses 3,599 3,645
Derivative assets at fair value 153 175
Derivative assets, gross amount offset (164) (154)
Total financial assets 54,841 54,645
Liabilities:    
Long-term debt: 17,104 17,421
Derivative liabilities 308 168
Derivative liabilities, gross amount offset (3,910) (4,662)
Total financial liabilities 17,412 17,589
Recurring | Fannie Mae    
Liabilities:    
Long-term debt: 1,132 1,161
Recurring | Consolidated Trusts    
Liabilities:    
Long-term debt: 15,972 16,260
Recurring | Mortgage-related    
Assets:    
Trading securities 2,852 3,211
Recurring | Non-mortgage-related securities    
Assets:    
Trading securities 47,558 46,918
Recurring | Other agency    
Assets:    
Total Fair Value 414 426
Recurring | Other mortgage-related    
Assets:    
Total Fair Value 265 270
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 47,537 46,898
Total Fair Value 0 0
Mortgage loans held for investment, net of allowance for loan losses 0 0
Derivative assets at fair value 0 0
Total financial assets 47,537 46,898
Liabilities:    
Long-term debt: 0 0
Derivative liabilities 0 0
Total financial liabilities 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fannie Mae    
Liabilities:    
Long-term debt: 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Consolidated Trusts    
Liabilities:    
Long-term debt: 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-related    
Assets:    
Trading securities 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-mortgage-related securities    
Assets:    
Trading securities 47,537 46,898
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other agency    
Assets:    
Total Fair Value 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other mortgage-related    
Assets:    
Total Fair Value 0 0
Recurring | Significant Other Observable Inputs (Level 2)    
Assets:    
Trading securities 2,841 3,184
Total Fair Value 57 62
Mortgage loans held for investment, net of allowance for loan losses 3,073 3,102
Derivative assets at fair value 290 300
Total financial assets 6,261 6,648
Liabilities:    
Long-term debt: 16,721 17,043
Derivative liabilities 4,153 4,764
Total financial liabilities 20,874 21,807
Recurring | Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 882 919
Recurring | Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 15,839 16,124
Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-related    
Assets:    
Trading securities 2,820 3,164
Recurring | Significant Other Observable Inputs (Level 2) | Non-mortgage-related securities    
Assets:    
Trading securities 21 20
Recurring | Significant Other Observable Inputs (Level 2) | Other agency    
Assets:    
Total Fair Value 52 55
Recurring | Significant Other Observable Inputs (Level 2) | Other mortgage-related    
Assets:    
Total Fair Value 5 7
Recurring | Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 32 47
Total Fair Value 622 634
Mortgage loans held for investment, net of allowance for loan losses 526 543
Derivative assets at fair value 27 29
Total financial assets 1,207 1,253
Liabilities:    
Long-term debt: 383 378
Derivative liabilities 65 66
Total financial liabilities 448 444
Recurring | Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 250 242
Recurring | Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt: 133 136
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-related    
Assets:    
Trading securities 32 47
Recurring | Significant Unobservable Inputs (Level 3) | Non-mortgage-related securities    
Assets:    
Trading securities 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Other agency    
Assets:    
Total Fair Value 362 371
Recurring | Significant Unobservable Inputs (Level 3) | Other mortgage-related    
Assets:    
Total Fair Value $ 260 $ 263