Concentrations of Credit Risk (Tables)

6 Months Ended

Jun. 30, 2025

Single-family

Concentration Risk [Line Items]

Schedule of Delinquency Status Guaranty Book of Business

The following tables display the delinquency status and serious delinquency rates for specified loan categories of our single-family conventional guaranty book of business.

	As of
	June 30, 2025						December 31, 2024
	30 Days Delinquent		60 Days Delinquent		Seriously Delinquent		30 Days Delinquent		60 Days Delinquent		Seriously Delinquent
Percentage of single-family conventional guaranty book of business based on UPB	0.94	%	0.24	%	0.58	%	1.00	%	0.28	%	0.60	%
Percentage of single-family conventional loans based on loan count	0.99		0.25		0.53		1.05		0.29		0.56

Schedule of Risk Characteristics Guaranty Book of Business

	As of
	June 30, 2025				December 31, 2024
	Percentage of Single-Family Conventional Guaranty Book of Business Based on UPB		Serious Delinquency Rate		Percentage of Single-Family Conventional Guaranty Book of Business Based on UPB		Serious Delinquency Rate
Estimated mark-to-market LTV ratio:
80.01% to 90%	6	%	0.95	%	6	%	0.97	%
90.01% to 100%	3		0.82		3		0.77
Greater than 100%	*		3.48		*		2.82
Geographical distribution:
California	19		0.43		19		0.41
Florida	6		0.84		6		0.96
Illinois	3		0.66		3		0.69
New York	4		0.75		4		0.79
Texas	8		0.66		8		0.73
All other states	60		0.49		60		0.51

*    Represents less than 0.5% of single-family conventional guaranty book of business.

Multifamily

Concentration Risk [Line Items]

Schedule of Delinquency Status Guaranty Book of Business

The following tables display the delinquency status and serious delinquency rates for specified loan categories of our multifamily guaranty book of business.

	As of
	June 30, 2025(1)				December 31, 2024(1)
	30 Days Delinquent		Seriously Delinquent(2)		30 Days Delinquent		Seriously Delinquent(2)
Percentage of multifamily guaranty book of business	0.13	%	0.61	%	0.10	%	0.57	%

Calculated based on the aggregate unpaid principal balance of multifamily loans for each category divided by the aggregate unpaid principal balance of loans in our multifamily guaranty book of business.(2)Consists of multifamily loans that were 60 days or more past due as of the dates indicated.

Schedule of Risk Characteristics Guaranty Book of Business

	As of
	June 30, 2025				December 31, 2024
	Percentage of Multifamily Guaranty Book of Business(1)		Serious Delinquency Rate(2)(3)		Percentage of Multifamily Guaranty Book of Business(1)		Serious Delinquency Rate(2)(3)
Original LTV ratio:
Greater than 80%	1	%	0.11	%	1	%	0.12	%
Less than or equal to 80%	99		0.61		99		0.58
Current DSCR below 1.0(4)	5		4.84		6		4.94

(1)Calculated based on the aggregate unpaid principal balance of multifamily loans for each category divided by the aggregate unpaid principal balance of loans in our multifamily guaranty book of business.

(2)Consists of multifamily loans that were 60 days or more past due as of the dates indicated.

(3)Calculated based on the unpaid principal balance of multifamily loans that were seriously delinquent divided by the aggregate unpaid principal balance of multifamily loans for each category included in our multifamily guaranty book of business.

(4)Our estimates of current DSCRs are based on the latest available income information, including the related debt service covering a 12-month period, from quarterly and annual statements for these properties.