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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net cash provided by operating activities $ 7,135 $ 4,015
Mortgage loans acquired held for investment:    
Purchases (28,018) (27,422)
Proceeds from sales 418 1,539
Proceeds from repayments 76,364 77,876
Advances to lenders (18,753) (22,571)
Proceeds from disposition of acquired property, preforeclosure sales and insurance proceeds 1,171 1,310
Net change in federal funds sold and securities purchased under agreements to resell (43,025) (12,385)
Other, net (450) (778)
Net cash provided by (used in) investing activities (12,293) 17,569
Cash flows provided by (used in) financing activities:    
Net cash used in financing activities (30,294) (18,588)
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents (35,452) 2,996
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 68,706 87,841
Cash, cash equivalents and restricted cash and cash equivalents at end of period 33,254 90,837
Cash paid during the period for:    
Interest 31,381 27,190
Income taxes 0 0
Fannie Mae    
Cash flows provided by (used in) financing activities:    
Proceeds from issuance of debt 129,592 102,839
Payments to redeem debt (135,040) (98,333)
Consolidated Trusts    
Cash flows provided by (used in) financing activities:    
Proceeds from issuance of debt 53,098 53,102
Payments to redeem debt $ (77,944) $ (76,196)