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Fair Value - Levels Hierarchy (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Available-for-sale securities: $ 445 $ 469
Mortgage loans held for investment, net of allowance for loan losses 4,508 3,744
Derivative assets at fair value 127 179
Derivative assets, gross amount offset (399) (362)
Liabilities:    
Derivative liabilities 157 154
Fannie Mae    
Liabilities:    
Long-term debt: 358 385
Consolidated Trusts    
Liabilities:    
Long-term debt: 14,977 13,292
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 77,865 77,610
Available-for-sale securities: 0 0
Mortgage loans held for investment, net of allowance for loan losses 0 0
Derivative assets at fair value 0 0
Total financial assets 115,937 116,146
Liabilities:    
Derivative liabilities 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 1,011 1,090
Available-for-sale securities: 40 42
Mortgage loans held for investment, net of allowance for loan losses 3,562,659 3,496,803
Derivative assets at fair value 472 487
Total financial assets 3,638,009 3,556,627
Liabilities:    
Derivative liabilities 2,031 2,506
Total financial liabilities 3,775,978 3,700,088
Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 127,301 129,152
Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 3,635,604 3,557,237
Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 26 28
Available-for-sale securities: 405 427
Mortgage loans held for investment, net of allowance for loan losses 132,222 127,763
Derivative assets at fair value 54 54
Total financial assets 133,177 128,690
Liabilities:    
Derivative liabilities 19 15
Total financial liabilities 934 916
Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 592 567
Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt: 265 274
Recurring    
Assets:    
Trading securities 78,902 78,728
Available-for-sale securities: 445 469
Mortgage loans held for investment, net of allowance for loan losses 4,508 3,744
Derivative assets at fair value 127 179
Derivative assets, gross amount offset (399) (362)
Total financial assets 83,982 83,120
Liabilities:    
Long-term debt: 15,335 13,677
Derivative liabilities 157 154
Derivative liabilities, gross amount offset (1,893) (2,367)
Total financial liabilities 15,492 13,831
Recurring | Fannie Mae    
Liabilities:    
Long-term debt: 358 385
Recurring | Consolidated Trusts    
Liabilities:    
Long-term debt: 14,977 13,292
Recurring | Mortgage-related securities    
Assets:    
Trading securities 1,018 1,098
Recurring | Non-mortgage-related securities    
Assets:    
Trading securities 77,884 77,630
Recurring | Agency    
Assets:    
Available-for-sale securities: 326 339
Recurring | Other mortgage-related    
Assets:    
Available-for-sale securities: 119 130
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 77,865 77,610
Available-for-sale securities: 0 0
Mortgage loans held for investment, net of allowance for loan losses 0 0
Derivative assets at fair value 0 0
Total financial assets 77,865 77,610
Liabilities:    
Long-term debt: 0 0
Derivative liabilities 0 0
Total financial liabilities 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 | 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 77,865 77,610
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 mortgage-related    
Assets:    
Available-for-sale securities: 0 0
Recurring | Significant Other Observable Inputs (Level 2)    
Assets:    
Trading securities 1,011 1,090
Available-for-sale securities: 40 42
Mortgage loans held for investment, net of allowance for loan losses 4,120 3,345
Derivative assets at fair value 472 487
Total financial assets 5,643 4,964
Liabilities:    
Long-term debt: 14,971 13,324
Derivative liabilities 2,031 2,506
Total financial liabilities 17,002 15,830
Recurring | Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 95 136
Recurring | Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 14,876 13,188
Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-related securities    
Assets:    
Trading securities 992 1,070
Recurring | Significant Other Observable Inputs (Level 2) | Non-mortgage-related securities    
Assets:    
Trading securities 19 20
Recurring | Significant Other Observable Inputs (Level 2) | Agency    
Assets:    
Available-for-sale securities: 36 38
Recurring | Significant Other Observable Inputs (Level 2) | Other mortgage-related    
Assets:    
Available-for-sale securities: 4 4
Recurring | Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 26 28
Available-for-sale securities: 405 427
Mortgage loans held for investment, net of allowance for loan losses 388 399
Derivative assets at fair value 54 54
Total financial assets 873 908
Liabilities:    
Long-term debt: 364 353
Derivative liabilities 19 15
Total financial liabilities 383 368
Recurring | Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 263 249
Recurring | Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt: 101 104
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-related securities    
Assets:    
Trading securities 26 28
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: 290 301
Recurring | Significant Unobservable Inputs (Level 3) | Other mortgage-related    
Assets:    
Available-for-sale securities: $ 115 $ 126