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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 41,911 $ 35,817
Restricted cash and cash equivalents (includes $29,789 and $25,836, respectively, related to consolidated trusts) 36,402 32,889
Securities purchased under agreements to resell 27,650 30,700
Investments in securities, at fair value 49,899 53,116
Mortgage loans:    
Loans held for sale, at lower of cost or fair value 646 2,149
Loans held for investment, at amortized cost: 4,136,594 4,142,212
Allowance for loan losses (8,026) (8,730)
Total loans held for investment, net of allowance 4,128,568 4,133,482
Total mortgage loans 4,129,214 4,135,631
Advances to lenders 1,856 1,389
Deferred tax assets, net 11,036 11,681
Accrued interest receivable, net (includes $10,654 and $10,132 related to consolidated trusts) 11,156 10,724
Other assets 14,769 13,490
Total assets 4,323,893 4,325,437
Liabilities:    
Accrued interest payable (includes $10,524 and $10,212, respectively, related to consolidated trusts) 11,176 10,931
Other liabilities (includes $1,673 and $1,713, respectively, related to consolidated trusts) 13,270 14,106
Total liabilities 4,237,410 4,247,755
Commitments and contingencies (Note 14) 0 0
Fannie Mae stockholders’ equity:    
Senior preferred stock (liquidation preference of $203,505 and $195,224, 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 (46,799) (55,603)
Accumulated other comprehensive income 29 32
Treasury stock, at cost, 150,675,136 shares (7,400) (7,400)
Total stockholders’ equity 86,483 77,682
Total liabilities and equity 4,323,893 4,325,437
Fannie Mae    
Mortgage loans:    
Loans held for investment, at amortized cost: 49,196 48,199
Liabilities:    
Debt: 118,543 124,065
Consolidated Trusts    
ASSETS    
Restricted cash and cash equivalents (includes $29,789 and $25,836, respectively, related to consolidated trusts) 29,789 25,836
Mortgage loans:    
Loans held for investment, at amortized cost: 4,087,398 4,094,013
Accrued interest receivable, net (includes $10,654 and $10,132 related to consolidated trusts) 10,654 10,132
Liabilities:    
Accrued interest payable (includes $10,524 and $10,212, respectively, related to consolidated trusts) 10,524 10,212
Debt: 4,094,421 4,098,653
Other liabilities (includes $1,673 and $1,713, respectively, related to consolidated trusts) $ 1,673 $ 1,713