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Fair Value - Recurring Changes in Fair Value (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Assets:    
Total Fair Value $ 564 $ 696
Mortgage loans $ 3,315 $ 3,645
Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag Derivative assets Derivative assets
Derivative assets at fair value $ 202 $ 175
Derivative asset, gross amount offset $ (283) $ (154)
Liabilities:    
Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag Derivative liabilities Derivative liabilities
Derivative liabilities at fair value $ 140 $ 168
Fannie Mae    
Liabilities:    
Long-term debt 761 1,161
Consolidated Trusts    
Liabilities:    
Long-term debt 14,343 16,260
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Cash and cash equivalents, including restricted cash and cash equivalents 33,981 32,991
Trading securities 47,764 46,898
Total Fair Value 0 0
Mortgage loans 0 0
Derivative assets at fair value 0 0
Total assets at fair value 81,745 79,889
Liabilities:    
Derivative liabilities at fair value 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:    
Cash and cash equivalents, including restricted cash and cash equivalents 34,725 54,850
Trading securities 4,762 3,184
Total Fair Value 50 62
Mortgage loans 3,571,555 3,437,979
Derivative assets at fair value 395 300
Total assets at fair value 3,643,669 3,512,490
Liabilities:    
Derivative liabilities at fair value 3,327 4,764
Total financial liabilities 3,760,502 3,648,996
Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt 106,701 122,066
Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt 3,633,157 3,511,958
Significant Unobservable Inputs (Level 3)    
Assets:    
Cash and cash equivalents, including restricted cash and cash equivalents 0 0
Trading securities 26 47
Total Fair Value 514 634
Mortgage loans 130,022 171,857
Derivative assets at fair value 90 29
Total assets at fair value 133,003 174,762
Liabilities:    
Derivative liabilities at fair value 13 66
Total financial liabilities 976 42,840
Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt 605 558
Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt 293 42,150
Recurring    
Assets:    
Trading securities 52,552 50,129
Total Fair Value 564 696
Mortgage loans 3,315 3,645
Derivative assets at fair value 202 175
Derivative asset, gross amount offset (283) (154)
Total assets at fair value 56,633 54,645
Liabilities:    
Long-term debt 15,104 17,421
Derivative liabilities at fair value 140 168
Derivative liabilities, gross amount offset (3,200) (4,662)
Total financial liabilities 15,244 17,589
Recurring | Mortgage-related    
Assets:    
Trading securities 4,770 3,211
Recurring | Non-mortgage-related securities    
Assets:    
Trading securities 47,782 46,918
Recurring | Agency securities    
Assets:    
Total Fair Value 377 426
Recurring | Other    
Assets:    
Total Fair Value 187 270
Recurring | Fannie Mae    
Liabilities:    
Long-term debt 761 1,161
Recurring | Consolidated Trusts    
Liabilities:    
Long-term debt 14,343 16,260
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 47,764 46,898
Total Fair Value 0 0
Mortgage loans 0 0
Derivative assets at fair value 0 0
Total assets at fair value 47,764 46,898
Liabilities:    
Long-term debt 0 0
Derivative liabilities at fair value 0 0
Total financial liabilities 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 47,764 46,898
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Agency securities    
Assets:    
Total Fair Value 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other    
Assets:    
Total Fair Value 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 | Significant Other Observable Inputs (Level 2)    
Assets:    
Trading securities 4,762 3,184
Total Fair Value 50 62
Mortgage loans 2,838 3,102
Derivative assets at fair value 395 300
Total assets at fair value 8,045 6,648
Liabilities:    
Long-term debt 14,719 17,043
Derivative liabilities at fair value 3,327 4,764
Total financial liabilities 18,046 21,807
Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-related    
Assets:    
Trading securities 4,744 3,164
Recurring | Significant Other Observable Inputs (Level 2) | Non-mortgage-related securities    
Assets:    
Trading securities 18 20
Recurring | Significant Other Observable Inputs (Level 2) | Agency securities    
Assets:    
Total Fair Value 46 55
Recurring | Significant Other Observable Inputs (Level 2) | Other    
Assets:    
Total Fair Value 4 7
Recurring | Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt 493 919
Recurring | Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt 14,226 16,124
Recurring | Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 26 47
Total Fair Value 514 634
Mortgage loans 477 543
Derivative assets at fair value 90 29
Total assets at fair value 1,107 1,253
Liabilities:    
Long-term debt 385 378
Derivative liabilities at fair value 13 66
Total financial liabilities 398 444
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-related    
Assets:    
Trading securities 26 47
Recurring | Significant Unobservable Inputs (Level 3) | Non-mortgage-related securities    
Assets:    
Trading securities 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Agency securities    
Assets:    
Total Fair Value 331 371
Recurring | Significant Unobservable Inputs (Level 3) | Other    
Assets:    
Total Fair Value 183 263
Recurring | Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt 268 242
Recurring | Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt $ 117 $ 136