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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 38,146 $ 35,817
Restricted cash and cash equivalents (includes $31,314 and $25,836, respectively, related to consolidated trusts) 38,626 32,889
Securities purchased under agreements to resell 18,065 30,700
Investments in securities, at fair value 61,790 53,116
Mortgage loans:    
Loans held for sale, at lower of cost or fair value 1,278 2,149
Loans held for investment, at amortized cost: 4,145,036 4,142,212
Allowance for loan losses (7,656) (8,730)
Total loans held for investment, net of allowance 4,137,380 4,133,482
Total mortgage loans 4,138,658 4,135,631
Advances to lenders 2,595 1,389
Deferred tax assets, net 10,968 11,681
Accrued interest receivable (includes $10,703 and $10,132, respectively, related to consolidated trusts) 11,277 10,724
Other assets 14,431 13,490
Total assets 4,334,556 4,325,437
Liabilities:    
Accrued interest payable (includes $10,724 and $10,212, respectively, related to consolidated trusts) 11,451 10,931
Other liabilities (includes $1,673 and $1,713, respectively, related to consolidated trusts) 14,797 14,106
Total liabilities 4,244,026 4,247,755
Commitments and contingencies (Note 14) 0 0
Fannie Mae stockholders’ equity:    
Senior preferred stock (liquidation preference of $207,982 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 (42,755) (55,603)
Accumulated other comprehensive income 32 32
Treasury stock, at cost, 150,675,136 shares (7,400) (7,400)
Total stockholders’ equity 90,530 77,682
Total liabilities and equity 4,334,556 4,325,437
Fannie Mae    
Mortgage loans:    
Loans held for investment, at amortized cost: 51,455 48,199
Liabilities:    
Debt: 121,715 124,065
Consolidated Trusts    
ASSETS    
Restricted cash and cash equivalents (includes $31,314 and $25,836, respectively, related to consolidated trusts) 31,314 25,836
Mortgage loans:    
Loans held for investment, at amortized cost: 4,093,581 4,094,013
Accrued interest receivable (includes $10,703 and $10,132, respectively, related to consolidated trusts) 10,703 10,132
Liabilities:    
Accrued interest payable (includes $10,724 and $10,212, respectively, related to consolidated trusts) 10,724 10,212
Debt: 4,096,063 4,098,653
Other liabilities (includes $1,673 and $1,713, respectively, related to consolidated trusts) $ 1,673 $ 1,713