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Segment Reporting (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
segment
Jun. 30, 2023
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable business segments | segment     2  
Net interest income $ 7,268 $ 7,035 $ 14,291 $ 13,821
Fee and other income 68 70 140 133
Net revenues 7,336 7,105 14,431 13,954
Investment gains (losses), net (62) 25 (40) (42)
Fair value gains (losses), net 447 404 927 608
Administrative expenses (939) (864) (1,868) (1,732)
Benefit (provision) for credit losses 300 1,266 480 1,134
TCCA fees (859) (856) (1,719) (1,711)
Credit enhancement expense (405) (384) (824) (725)
Change in expected credit enhancement recoveries 37 (160) 100 (40)
Other expenses, net (251) (257) (450) (387)
Income before federal income taxes 5,604 6,279 11,037 11,059
Provision for federal income taxes (1,120) (1,285) (2,233) (2,293)
Net income 4,484 4,994 8,804 8,766
Related Party | Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (859) (856) (1,719) (1,711)
Business segments | Single-Family        
Segment Reporting Information [Line Items]        
Net interest income 6,096 5,917 11,970 11,589
Fee and other income 51 52 106 100
Net revenues 6,147 5,969 12,076 11,689
Investment gains (losses), net (70) 27 (57) (44)
Fair value gains (losses), net 454 460 938 626
Administrative expenses (784) (718) (1,561) (1,438)
Benefit (provision) for credit losses 548 1,418 883 1,465
Credit enhancement expense (333) (327) (686) (614)
Change in expected credit enhancement recoveries (47) (223) (89) (128)
Other expenses, net (218) (203) (394) (319)
Income before federal income taxes 4,838 5,547 9,391 9,526
Provision for federal income taxes (983) (1,153) (1,929) (2,000)
Net income 3,855 4,394 7,462 7,526
Business segments | Single-Family | Related Party | Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (859) (856) (1,719) (1,711)
Business segments | Multifamily        
Segment Reporting Information [Line Items]        
Net interest income 1,172 1,118 2,321 2,232
Fee and other income 17 18 34 33
Net revenues 1,189 1,136 2,355 2,265
Investment gains (losses), net 8 (2) 17 2
Fair value gains (losses), net (7) (56) (11) (18)
Administrative expenses (155) (146) (307) (294)
Benefit (provision) for credit losses (248) (152) (403) (331)
Credit enhancement expense (72) (57) (138) (111)
Change in expected credit enhancement recoveries 84 63 189 88
Other expenses, net (33) (54) (56) (68)
Income before federal income taxes 766 732 1,646 1,533
Provision for federal income taxes (137) (132) (304) (293)
Net income 629 600 1,342 1,240
Business segments | Multifamily | Related Party | Treasury        
Segment Reporting Information [Line Items]        
TCCA fees $ 0 $ 0 $ 0 $ 0