Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Allowance for Loan Losses Roll Forward by Segment

The following table displays changes in our allowance for single-family loans, multifamily loans and total allowance for

loan losses. The benefit or provision for loan losses excludes provision for accrued interest receivable losses, guaranty

loss reserves and credit losses on available-for-sale (“AFS”) debt securities. Cumulatively, these amounts are

recognized as “Benefit (provision) for credit losses” in our consolidated statements of operations and comprehensive

income.

	For the Year Ended December 31,
	2024	2023	2022
	(Dollars in millions)
Single-family allowance for loan losses:
Beginning balance	$(6,671)	$(9,443)	$(4,950)
Benefit (provision) for loan losses	888	2,079	(5,061)
Write-offs	717	873	883
Recoveries	(253)	(203)	(276)
Other	—	23	(39)
Ending balance	$(5,319)	$(6,671)	$(9,443)
Multifamily allowance for loan losses:
Beginning balance	$(2,059)	$(1,904)	$(679)
Benefit (provision) for loan losses	(748)	(497)	(1,245)
Write-offs	505	401	43
Recoveries	(86)	(59)	(23)
Ending balance	$(2,388)	$(2,059)	$(1,904)
Total allowance for loan losses:
Beginning balance	$(8,730)	$(11,347)	$(5,629)
Benefit (provision) for loan losses	140	1,582	(6,306)
Write-offs	1,222	1,274	926
Recoveries	(339)	(262)	(299)
Other	—	23	(39)
Ending balance	$(7,707)	$(8,730)	$(11,347)