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

3 Months Ended

Mar. 31, 2025

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

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 $27 million and $22 million to CSS for the three months ended March 31, 2025 and 2024, respectively.


Related Party	Activity	Income Statement Classification	For the Three Months Ended March 31,				Other Liabilities as of
			2025		2024		March 31, 2025		December 31, 2024
			(Dollars in millions)
Treasury	Tax Cut Continuation Act of 2011 (“TCCA”) fees	Legislative assessments	$	859	$	860	$	859	$	861
Treasury	Treasury’s Capital Magnet Fund	Legislative assessments	11		11		11		56
FHFA	FHFA assessments	Legislative assessments	40		40		—		—

CSS & Freddie Mac	Net operating losses associated with our investment in CSS	Other income (expense), net	27		22		—		—