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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 35,817 $ 57,987
Restricted cash and cash equivalents (includes $25,836 and $23,348, respectively, related to consolidated trusts) 32,889 29,854
Securities purchased under agreements to resell (includes $0 and $3,475, respectively, related to consolidated trusts) 30,700 14,565
Investments in securities, at fair value 53,116 50,825
Mortgage loans:    
Loans held for sale, at lower of cost or fair value 2,149 2,033
Total loans held for investment 4,142,212 4,123,750
Allowance for loan losses (8,730) (11,347)
Total loans held for investment, net of allowance 4,133,482 4,112,403
Total mortgage loans 4,135,631 4,114,436
Advances to lenders 1,389 1,502
Deferred tax assets, net 11,681 12,911
Accrued interest receivable, net (includes $10,132 and $9,241 related to consolidated trusts and net of allowance of $25 and $111, respectively) 10,724 9,821
Other assets 13,490 13,387
Total assets 4,325,437 4,305,288
Liabilities:    
Accrued interest payable (includes $10,212 and $9,347, respectively, related to consolidated trusts) 10,931 9,917
Other liabilities (includes $1,713 and $1,748, respectively, related to consolidated trusts) 14,106 13,206
Total liabilities 4,247,755 4,245,011
Commitments and contingencies (Note 17) 0 0
Fannie Mae stockholders’ equity:    
Senior preferred stock (liquidation preference of $195,224 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 (55,603) (73,011)
Accumulated other comprehensive income 32 35
Treasury stock, at cost, 150,675,136 shares (7,400) (7,400)
Total stockholders’ equity (See Note 2: Senior Preferred Stock Purchase Agreement, Senior Preferred Stock and Warrant for information on the related dividend obligation and liquidation preference) 77,682 60,277
Total liabilities and equity 4,325,437 4,305,288
Fannie Mae    
Mortgage loans:    
Total loans held for investment 48,199 52,081
Liabilities:    
Debt: 124,065 134,168
Consolidated Trusts    
ASSETS    
Restricted cash and cash equivalents (includes $25,836 and $23,348, respectively, related to consolidated trusts) 25,836 23,348
Securities purchased under agreements to resell (includes $0 and $3,475, respectively, related to consolidated trusts) 0 3,475
Mortgage loans:    
Total loans held for investment 4,094,013 4,071,669
Accrued interest receivable, net (includes $10,132 and $9,241 related to consolidated trusts and net of allowance of $25 and $111, respectively) 10,132 9,241
Liabilities:    
Accrued interest payable (includes $10,212 and $9,347, respectively, related to consolidated trusts) 10,212 9,347
Debt: 4,098,653 4,087,720
Other liabilities (includes $1,713 and $1,748, respectively, related to consolidated trusts) $ 1,713 $ 1,748