Conservatorship, Senior Preferred Stock Purchase Agreement and Related Matters (Tables)

6 Months Ended

Jun. 30, 2024

Conservatorship, Preferred Stock Agreements, And Related Parties [Abstract]

Schedule of Related Party Transactions

The following table provides the income statement impact of our related party transactions for the periods presented in addition to the associated liability at period end. The associated liability represents amounts accrued with respect to the related party transactions that have not yet been paid to the applicable related parties. In addition to the impact described in the table below, our investment in CSS, which is accounted for using the equity method, is classified as “Other assets” in our condensed consolidated balance sheets. We contributed $16 million to CSS for the three months ended June 30, 2024 and 2023. We contributed $38 million and $42 million for the six months ended June 30, 2024 and 2023, respectively.

Related Party	Activity	Income Statement Classification	For the Three Months Ended June 30,				For the Six Months Ended June 30,				Other Liabilities as of June 30, 2024
			2024		2023		2024		2023
			(Dollars in millions)
Treasury	TCCA fees	TCCA fees(1)	$	859	$	856	$	1,719	$	1,711	$	859
Treasury	Treasury’s Capital Magnet Fund	Other expenses, net	14		16		25		27		25
FHFA	FHFA regulatory assessment fees	Other administrative expenses	40		40		80		79		—
Treasury & Freddie Mac	Making Home Affordable Program reimbursements	Administrative expenses	—		3		—		6		—
CSS & Freddie Mac	Net operating losses associated with our investment in CSS	Other expenses, net	16		16		38		42		—

(1)Consists of the portion of our single-family guaranty fees that is paid to Treasury pursuant to the TCCA. The resulting fee revenue and expense are recorded in “Interest income: Mortgage loans” and “TCCA fees,” respectively, in our condensed consolidated statements of operations and comprehensive income.