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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets:    
Cash and cash equivalents $ 48,604 $ 57,987
Restricted cash and cash equivalents (includes $26,993 and $23,348, respectively, related to consolidated trusts) 33,195 29,854
Securities purchased under agreements to resell (includes $900 and $3,475, respectively, related to consolidated trusts) 22,850 14,565
Investments in securities, at fair value 51,872 50,825
Mortgage loans:    
Loans held for sale, at lower of cost or fair value 2,587 2,033
Loans held for investment, at amortized cost: 4,139,972 4,123,750
Allowance for loan losses (8,671) (11,347)
Total loans held for investment, net of allowance 4,131,301 4,112,403
Total mortgage loans 4,133,888 4,114,436
Advances to lenders 3,384 1,502
Deferred tax assets, net 11,885 12,911
Accrued interest receivable, net (includes $9,861 and $9,241 related to consolidated trusts and net of allowance of $33 and $111, respectively) 10,462 9,821
Other assets 13,240 13,387
Total assets 4,329,380 4,305,288
Liabilities:    
Accrued interest payable (includes $9,998 and $9,347, respectively, related to consolidated trusts) 10,758 9,917
Other liabilities (includes $1,715 and $1,748, respectively, related to consolidated trusts) 13,135 13,206
Total liabilities 4,255,655 4,245,011
Commitments and contingencies (Note 13) 0 0
Fannie Mae stockholders’ equity:    
Senior preferred stock (liquidation preference of $190,543 and $180,339, 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 (59,546) (73,011)
Accumulated other comprehensive income 18 35
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) 73,725 60,277
Total liabilities and equity 4,329,380 4,305,288
Fannie Mae    
Mortgage loans:    
Loans held for investment, at amortized cost: 49,767 52,081
Liabilities:    
Debt: 125,652 134,168
Consolidated Trusts    
Assets:    
Restricted cash and cash equivalents (includes $26,993 and $23,348, respectively, related to consolidated trusts) 26,993 23,348
Securities purchased under agreements to resell (includes $900 and $3,475, respectively, related to consolidated trusts) 900 3,475
Mortgage loans:    
Loans held for investment, at amortized cost: 4,090,205 4,071,669
Accrued interest receivable, net (includes $9,861 and $9,241 related to consolidated trusts and net of allowance of $33 and $111, respectively) 9,861 9,241
Liabilities:    
Accrued interest payable (includes $9,998 and $9,347, respectively, related to consolidated trusts) 9,998 9,347
Debt: 4,106,110 4,087,720
Other liabilities (includes $1,715 and $1,748, respectively, related to consolidated trusts) $ 1,715 $ 1,748