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Fair Value - Recurring Changes in Fair Value (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Available-for-sale securities $ 469 $ 564
Total multifamily mortgage loans held for investment, at amortized cost $ 3,744 $ 3,315
Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag Derivative assets Derivative assets
Derivative assets at fair value $ 179 $ 202
Derivative asset, gross amount offset $ (362) $ (283)
Liabilities:    
Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag Derivative liabilities Derivative liabilities
Derivative liabilities at fair value $ 154 $ 140
Fannie Mae    
Liabilities:    
Long-term debt 385 761
Consolidated Trusts    
Liabilities:    
Long-term debt 13,292 14,343
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 77,610 47,764
Available-for-sale securities 0 0
Total multifamily mortgage loans held for investment, at amortized cost 0 0
Derivative assets at fair value 0 0
Total assets at fair value 116,146 81,745
Liabilities:    
Derivative liabilities at fair value 0 0
Total financial liabilities 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fannie Mae    
Liabilities:    
Long-term debt 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Consolidated Trusts    
Liabilities:    
Long-term debt 0 0
Significant Other Observable Inputs (Level 2)    
Assets:    
Trading securities 1,090 4,762
Available-for-sale securities 42 50
Total multifamily mortgage loans held for investment, at amortized cost 3,496,803 3,571,555
Derivative assets at fair value 487 395
Total assets at fair value 3,556,627 3,643,669
Liabilities:    
Derivative liabilities at fair value 2,506 3,327
Total financial liabilities 3,700,088 3,760,502
Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt 129,152 106,701
Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt 3,557,237 3,633,157
Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 28 26
Available-for-sale securities 427 514
Total multifamily mortgage loans held for investment, at amortized cost 127,763 130,022
Derivative assets at fair value 54 90
Total assets at fair value 128,690 133,003
Liabilities:    
Derivative liabilities at fair value 15 13
Total financial liabilities 916 976
Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt 567 605
Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt 274 293
Recurring    
Assets:    
Trading securities 78,728 52,552
Available-for-sale securities 469 564
Total multifamily mortgage loans held for investment, at amortized cost 3,744 3,315
Derivative assets at fair value 179 202
Derivative asset, gross amount offset (362) (283)
Total assets at fair value 83,120 56,633
Liabilities:    
Long-term debt 13,677 15,104
Derivative liabilities at fair value 154 140
Derivative liabilities, gross amount offset (2,367) (3,200)
Total financial liabilities 13,831 15,244
Recurring | Mortgage-related securities    
Assets:    
Trading securities 1,098 4,770
Recurring | Non-mortgage-related securities    
Assets:    
Trading securities 77,630 47,782
Recurring | Agency    
Assets:    
Available-for-sale securities 339 377
Recurring | Other    
Assets:    
Available-for-sale securities 130 187
Recurring | Fannie Mae    
Liabilities:    
Long-term debt 385 761
Recurring | Consolidated Trusts    
Liabilities:    
Long-term debt 13,292 14,343
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 77,610 47,764
Available-for-sale securities 0 0
Total multifamily mortgage loans held for investment, at amortized cost 0 0
Derivative assets at fair value 0 0
Total assets at fair value 77,610 47,764
Liabilities:    
Long-term debt 0 0
Derivative liabilities at fair value 0 0
Total financial liabilities 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-related securities    
Assets:    
Trading securities 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-mortgage-related securities    
Assets:    
Trading securities 77,610 47,764
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Agency    
Assets:    
Available-for-sale securities 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other    
Assets:    
Available-for-sale securities 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fannie Mae    
Liabilities:    
Long-term debt 0 0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Consolidated Trusts    
Liabilities:    
Long-term debt 0 0
Recurring | Significant Other Observable Inputs (Level 2)    
Assets:    
Trading securities 1,090 4,762
Available-for-sale securities 42 50
Total multifamily mortgage loans held for investment, at amortized cost 3,345 2,838
Derivative assets at fair value 487 395
Total assets at fair value 4,964 8,045
Liabilities:    
Long-term debt 13,324 14,719
Derivative liabilities at fair value 2,506 3,327
Total financial liabilities 15,830 18,046
Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-related securities    
Assets:    
Trading securities 1,070 4,744
Recurring | Significant Other Observable Inputs (Level 2) | Non-mortgage-related securities    
Assets:    
Trading securities 20 18
Recurring | Significant Other Observable Inputs (Level 2) | Agency    
Assets:    
Available-for-sale securities 38 46
Recurring | Significant Other Observable Inputs (Level 2) | Other    
Assets:    
Available-for-sale securities 4 4
Recurring | Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt 136 493
Recurring | Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt 13,188 14,226
Recurring | Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 28 26
Available-for-sale securities 427 514
Total multifamily mortgage loans held for investment, at amortized cost 399 477
Derivative assets at fair value 54 90
Total assets at fair value 908 1,107
Liabilities:    
Long-term debt 353 385
Derivative liabilities at fair value 15 13
Total financial liabilities 368 398
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-related securities    
Assets:    
Trading securities 28 26
Recurring | Significant Unobservable Inputs (Level 3) | Non-mortgage-related securities    
Assets:    
Trading securities 0 0
Recurring | Significant Unobservable Inputs (Level 3) | Agency    
Assets:    
Available-for-sale securities 301 331
Recurring | Significant Unobservable Inputs (Level 3) | Other    
Assets:    
Available-for-sale securities 126 183
Recurring | Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt 249 268
Recurring | Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt $ 104 $ 117