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Fair Value - Levels Hierarchy (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets:    
Total Fair Value $ 646 $ 696
Mortgage loans held for investment, net of allowance for loan losses 3,433 3,645
Derivative assets at fair value 145 175
Derivative assets, gross amount offset (218) (154)
Liabilities:    
Derivative liabilities 297 168
Fannie Mae    
Liabilities:    
Long-term debt: 884 1,161
Consolidated Trusts    
Liabilities:    
Long-term debt: 15,172 16,260
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 48,207 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 84,442 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 2,350 3,184
Total Fair Value 55 62
Mortgage loans held for investment, net of allowance for loan losses 3,455,655 3,437,979
Derivative assets at fair value 281 300
Total financial assets 3,538,105 3,512,490
Liabilities:    
Derivative liabilities 4,454 4,764
Total financial liabilities 3,674,709 3,648,996
Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 121,057 122,066
Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 3,533,579 3,511,958
Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 28 47
Total Fair Value 591 634
Mortgage loans held for investment, net of allowance for loan losses 166,079 171,857
Derivative assets at fair value 82 29
Total financial assets 167,437 174,762
Liabilities:    
Derivative liabilities 70 66
Total financial liabilities 40,276 42,840
Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 574 558
Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt: 39,567 42,150
Recurring    
Assets:    
Trading securities 50,585 50,129
Total Fair Value 646 696
Mortgage loans held for investment, net of allowance for loan losses 3,433 3,645
Derivative assets at fair value 145 175
Derivative assets, gross amount offset (218) (154)
Total financial assets 54,809 54,645
Liabilities:    
Long-term debt: 16,056 17,421
Derivative liabilities 297 168
Derivative liabilities, gross amount offset (4,227) (4,662)
Total financial liabilities 16,353 17,589
Recurring | Fannie Mae    
Liabilities:    
Long-term debt: 884 1,161
Recurring | Consolidated Trusts    
Liabilities:    
Long-term debt: 15,172 16,260
Recurring | Mortgage-related    
Assets:    
Trading securities 2,358 3,211
Recurring | Non-mortgage-related securities    
Assets:    
Trading securities 48,227 46,918
Recurring | Other agency    
Assets:    
Total Fair Value 405 426
Recurring | Other mortgage-related    
Assets:    
Total Fair Value 241 270
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 48,207 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 48,207 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 48,207 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 2,350 3,184
Total Fair Value 55 62
Mortgage loans held for investment, net of allowance for loan losses 2,923 3,102
Derivative assets at fair value 281 300
Total financial assets 5,609 6,648
Liabilities:    
Long-term debt: 15,675 17,043
Derivative liabilities 4,454 4,764
Total financial liabilities 20,129 21,807
Recurring | Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 628 919
Recurring | Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 15,047 16,124
Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-related    
Assets:    
Trading securities 2,330 3,164
Recurring | Significant Other Observable Inputs (Level 2) | Non-mortgage-related securities    
Assets:    
Trading securities 20 20
Recurring | Significant Other Observable Inputs (Level 2) | Other agency    
Assets:    
Total Fair Value 49 55
Recurring | Significant Other Observable Inputs (Level 2) | Other mortgage-related    
Assets:    
Total Fair Value 6 7
Recurring | Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 28 47
Total Fair Value 591 634
Mortgage loans held for investment, net of allowance for loan losses 510 543
Derivative assets at fair value 82 29
Total financial assets 1,211 1,253
Liabilities:    
Long-term debt: 381 378
Derivative liabilities 70 66
Total financial liabilities 451 444
Recurring | Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 256 242
Recurring | Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt: 125 136
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-related    
Assets:    
Trading securities 28 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 356 371
Recurring | Significant Unobservable Inputs (Level 3) | Other mortgage-related    
Assets:    
Total Fair Value $ 235 $ 263