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Fair Value - Levels Hierarchy (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Available-for-sale securities: $ 438 $ 469
Mortgage loans held for investment, net of allowance for loan losses 4,892 3,744
Derivative assets at fair value 205 179
Derivative assets, gross amount offset (403) (362)
Liabilities:    
Derivative liabilities 293 154
Fannie Mae    
Liabilities:    
Long-term debt: 327 385
Consolidated Trusts    
Liabilities:    
Long-term debt: 15,305 13,292
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 75,788 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 114,215 116,146
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 1,179 1,090
Available-for-sale securities: 39 42
Mortgage loans held for investment, net of allowance for loan losses 3,585,154 3,496,803
Derivative assets at fair value 561 487
Total financial assets 3,653,124 3,556,627
Liabilities:    
Derivative liabilities 1,759 2,506
Total financial liabilities 3,777,860 3,700,088
Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 119,024 129,152
Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 3,645,981 3,557,237
Significant Unobservable Inputs (Level 3)    
Assets:    
Trading securities 25 28
Available-for-sale securities: 399 427
Mortgage loans held for investment, net of allowance for loan losses 130,751 127,763
Derivative assets at fair value 47 54
Total financial assets 131,689 128,690
Liabilities:    
Derivative liabilities 14 15
Total financial liabilities 934 916
Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 603 567
Significant Unobservable Inputs (Level 3) | Consolidated Trusts    
Liabilities:    
Long-term debt: 261 274
Recurring    
Assets:    
Trading securities 76,992 78,728
Available-for-sale securities: 438 469
Mortgage loans held for investment, net of allowance for loan losses 4,892 3,744
Derivative assets at fair value 205 179
Derivative assets, gross amount offset (403) (362)
Total financial assets 82,527 83,120
Liabilities:    
Long-term debt: 15,632 13,677
Derivative liabilities 293 154
Derivative liabilities, gross amount offset (1,480) (2,367)
Total financial liabilities 15,925 13,831
Recurring | Fannie Mae    
Liabilities:    
Long-term debt: 327 385
Recurring | Consolidated Trusts    
Liabilities:    
Long-term debt: 15,305 13,292
Recurring | Mortgage-related securities    
Assets:    
Trading securities 1,185 1,098
Recurring | Non-mortgage-related securities    
Assets:    
Trading securities 75,807 77,630
Recurring | Agency    
Assets:    
Available-for-sale securities: 324 339
Recurring | Other mortgage-related    
Assets:    
Available-for-sale securities: 114 130
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Trading securities 75,788 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 75,788 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 75,788 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 1,179 1,090
Available-for-sale securities: 39 42
Mortgage loans held for investment, net of allowance for loan losses 4,516 3,345
Derivative assets at fair value 561 487
Total financial assets 6,295 4,964
Liabilities:    
Long-term debt: 15,282 13,324
Derivative liabilities 1,759 2,506
Total financial liabilities 17,041 15,830
Recurring | Significant Other Observable Inputs (Level 2) | Fannie Mae    
Liabilities:    
Long-term debt: 78 136
Recurring | Significant Other Observable Inputs (Level 2) | Consolidated Trusts    
Liabilities:    
Long-term debt: 15,204 13,188
Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-related securities    
Assets:    
Trading securities 1,160 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: 35 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 25 28
Available-for-sale securities: 399 427
Mortgage loans held for investment, net of allowance for loan losses 376 399
Derivative assets at fair value 47 54
Total financial assets 847 908
Liabilities:    
Long-term debt: 350 353
Derivative liabilities 14 15
Total financial liabilities 364 368
Recurring | Significant Unobservable Inputs (Level 3) | Fannie Mae    
Liabilities:    
Long-term debt: 249 249
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 25 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: 289 301
Recurring | Significant Unobservable Inputs (Level 3) | Other mortgage-related    
Assets:    
Available-for-sale securities: $ 110 $ 126