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Allowance for Loan Losses Allowance Rollforward (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Allowance for Loan Losses [Roll Forward]          
Beginning balance $ 70,109 $ 67,557 $ 72,156 $ 61,556  
(Benefit) provision for loan losses (3,387) [1] 5,802 [1] (1,407) [1] 16,389 [1]  
Charge-offs (3,991) [2],[3] (6,218) [2],[3] (8,787) [2],[3] (12,371) [2],[3]  
Recoveries 485 2,369 971 3,851  
Transfers 0 [4] 0 [4] 0 [4] 0 [4]  
Other 159 [5] (4) [5] 442 [5] 81 [5]  
Ending balance 63,375 [6] 69,506 [6] 63,375 [6] 69,506 [6]  
Allowance for loan losses for acquired credit-impaired loans 293 414 293 414 375
Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Charge-offs (238) (438) (511) (824)  
Fannie Mae [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 57,001 53,708 57,309 48,530  
(Benefit) provision for loan losses (3,329) [1] 3,040 [1] (1,946) [1] 10,199 [1]  
Charge-offs (3,783) [2],[3] (5,460) [2],[3] (8,316) [2],[3] (11,165) [2],[3]  
Recoveries 441 1,819 862 2,349  
Transfers 1,616 [4] 2,762 [4] 3,817 [4] 5,969 [4]  
Other 136 [5] 97 [5] 356 [5] 84 [5]  
Ending balance 52,082 55,966 52,082 55,966  
Fannie Mae [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance         2,200
Ending balance 1,800   1,800   2,200
Consolidated Trusts [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 13,108 13,849 14,847 13,026  
(Benefit) provision for loan losses (58) [1] 2,762 [1] 539 [1] 6,190 [1]  
Charge-offs (208) [2],[3] (758) [2],[3] (471) [2],[3] (1,206) [2],[3]  
Recoveries 44 550 109 1,502  
Transfers (1,616) [4] (2,762) [4] (3,817) [4] (5,969) [4]  
Other 23 [5] (101) [5] 86 [5] (3) [5]  
Ending balance 11,293 13,540 11,293 13,540  
Consolidated Trusts [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance         336
Ending balance 251   251   336
Single-Family [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 68,738 66,084 70,633 59,980  
(Benefit) provision for loan losses (3,314) [1] 5,677 [1] (1,294) [1] 16,289 [1]  
Charge-offs (3,932) [2],[3] (6,099) [2],[3] (8,599) [2],[3] (12,170) [2],[3]  
Recoveries 485 2,369 971 3,851  
Transfers 0 [4] 0 [4] 0 [4] 0 [4]  
Other 157 [5] (4) [5] 423 [5] 77 [5]  
Ending balance 62,134 68,027 62,134 68,027  
Allowance for loan losses for acquired credit-impaired loans 292   292   374
Single-Family [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Charge-offs (228) (423) (486) (800)  
Single-Family [Member] | Fannie Mae [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 56,108 52,671 56,294 47,377  
(Benefit) provision for loan losses (3,244) [1] 2,954 [1] (1,844) [1] 10,197 [1]  
Charge-offs (3,724) [2],[3] (5,341) [2],[3] (8,128) [2],[3] (10,964) [2],[3]  
Recoveries 441 1,819 862 2,349  
Transfers 1,607 [4] 2,750 [4] 3,800 [4] 5,912 [4]  
Other 134 [5] 96 [5] 338 [5] 78 [5]  
Ending balance 51,322 54,949 51,322 54,949  
Single-Family [Member] | Consolidated Trusts [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 12,630 13,413 14,339 12,603  
(Benefit) provision for loan losses (70) [1] 2,723 [1] 550 [1] 6,092 [1]  
Charge-offs (208) [2],[3] (758) [2],[3] (471) [2],[3] (1,206) [2],[3]  
Recoveries 44 550 109 1,502  
Transfers (1,607) [4] (2,750) [4] (3,800) [4] (5,912) [4]  
Other 23 [5] (100) [5] 85 [5] (1) [5]  
Ending balance 10,812 13,078 10,812 13,078  
Multifamily [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 1,371 1,473 1,523 1,576  
(Benefit) provision for loan losses (73) [1] 125 [1] (113) [1] 100 [1]  
Charge-offs (59) [2],[3] (119) [2],[3] (188) [2],[3] (201) [2],[3]  
Transfers 0 [4] 0 [4] 0 [4] 0 [4]  
Other 2 [5] 0 [5] 19 [5] 4 [5]  
Ending balance 1,241 1,479 1,241 1,479  
Allowance for loan losses for acquired credit-impaired loans 1   1   1
Multifamily [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Charge-offs (10) (15) (25) (24)  
Multifamily [Member] | Fannie Mae [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 893 1,037 1,015 1,153  
(Benefit) provision for loan losses (85) [1] 86 [1] (102) [1] 2 [1]  
Charge-offs (59) [2],[3] (119) [2],[3] (188) [2],[3] (201) [2],[3]  
Transfers 9 [4] 12 [4] 17 [4] 57 [4]  
Other 2 [5] 1 [5] 18 [5] 6 [5]  
Ending balance 760 1,017 760 1,017  
Multifamily [Member] | Consolidated Trusts [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 478 436 508 423  
(Benefit) provision for loan losses 12 [1] 39 [1] (11) [1] 98 [1]  
Charge-offs 0 [2],[3] 0 [2],[3] 0 [2],[3] 0 [2],[3]  
Transfers (9) [4] (12) [4] (17) [4] (57) [4]  
Other 0 [5] (1) [5] 1 [5] (2) [5]  
Ending balance $ 481 $ 462 $ 481 $ 462  
[1] (Benefit) provision for loan losses is included in benefit (provision) for credit losses in our condensed consolidated statements of operations and comprehensive income (loss).
[2] While we purchase the substantial majority of loans that are four or more months delinquent from our MBS trusts, we do not exercise this option to purchase loans during a forbearance period. Accordingly, charge-offs of consolidated trusts generally represent loans that remained in our consolidated trusts at the time of default.
[3] Total charge-offs include accrued interest of $238 million and $438 million for the three months ended June 30, 2012 and 2011, respectively and $511 million and $824 million for the six months ended June 30, 2012 and 2011, respectively. Single-family charge-offs include accrued interest of $228 million and $423 million for the three months ended June 30, 2012 and 2011, respectively and $486 million and $800 million for the six months ended June 30, 2012 and 2011, respectively. Multifamily charge-offs include accrued interest of $10 million and $15 million for the three months ended June 30, 2012 and 2011, respectively and $25 million and $24 million for the six months ended June 30, 2012 and 2011, respectively.
[4] Includes transfers from trusts for delinquent loan purchases.
[5] Amounts represent the net activity recorded in our allowances for accrued interest receivable and preforeclosure property taxes and insurance receivable from borrowers. The provision for credit losses, charge-offs, recoveries and transfer activity included in this table reflects all changes for both the allowance for loan losses and the valuation allowances for accrued interest and preforeclosure property taxes and insurance receivable that relate to the mortgage loans.
[6] Total allowance for loan losses includes $293 million and $414 million as of June 30, 2012 and 2011, respectively, for acquired credit-impaired loans.