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Allowance for Loan Losses Allowance Rollforward (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Allowance for Loan Losses [Roll Forward]          
Beginning balance $ 63,375 $ 69,506 $ 72,156 $ 61,556  
(Benefit) provision for loan losses 2,083 [1] 4,159 [1] 676 [1] 20,548 [1]  
Charge-offs (3,541) [2],[3] (4,113) [2],[3] (12,328) [2],[3] (16,484) [2],[3]  
Recoveries 350 883 1,321 4,734  
Transfers 0 [4] 0 [4] 0 [4] 0 [4]  
Other 745 [5] 1,000 [5] 1,187 [5] 1,081 [5]  
Ending balance 63,012 [6],[7] 71,435 [6] 63,012 [6],[7] 71,435 [6]  
Allowance for loan losses for acquired credit-impaired loans 376 [7] 334 376 [7] 334 375
Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Charge-offs (198) (289) (709) (1,100)  
Fannie Mae [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 52,082 55,966 57,309 48,530  
(Benefit) provision for loan losses 3,029 [1] (196) [1] 1,083 [1] 10,003 [1]  
Charge-offs (3,309) [2],[3] (3,853) [2],[3] (11,625) [2],[3] (15,018) [2],[3]  
Recoveries 323 848 1,185 3,197  
Transfers 1,378 [4] 1,770 [4] 5,195 [4] 7,739 [4]  
Other 711 [5] 863 [5] 1,067 [5] 947 [5]  
Ending balance 54,214 55,398 54,214 55,398  
Fannie Mae [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance         2,200
Ending balance 1,600   1,600   2,200
Consolidated Trusts [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 11,293 13,540 14,847 13,026  
(Benefit) provision for loan losses (946) [1] 4,355 [1] (407) [1] 10,545 [1]  
Charge-offs (232) [2],[3] (260) [2],[3] (703) [2],[3] (1,466) [2],[3]  
Recoveries 27 35 136 1,537  
Transfers (1,378) [4] (1,770) [4] (5,195) [4] (7,739) [4]  
Other 34 [5] 137 [5] 120 [5] 134 [5]  
Ending balance 8,798 16,037 8,798 16,037  
Consolidated Trusts [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance         336
Ending balance 218   218   336
Single-Family [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 62,134 68,027 70,633 59,980  
(Benefit) provision for loan losses 2,182 [1] 4,083 [1] 888 [1] 20,372 [1]  
Charge-offs (3,513) [2],[3] (4,062) [2],[3] (12,112) [2],[3] (16,232) [2],[3]  
Recoveries 350 883 1,321 4,734  
Transfers 0 [4] 0 [4] 0 [4] 0 [4]  
Other 744 [5] 997 [5] 1,167 [5] 1,074 [5]  
Ending balance 61,897 [7] 69,928 61,897 [7] 69,928  
Allowance for loan losses for acquired credit-impaired loans 375 [7]   375 [7]   374
Single-Family [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Charge-offs (196) (279) (682) (1,100)  
Single-Family [Member] | Fannie Mae [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 51,322 54,949 56,294 47,377  
(Benefit) provision for loan losses 3,104 [1] (235) [1] 1,260 [1] 9,962 [1]  
Charge-offs (3,281) [2],[3] (3,802) [2],[3] (11,409) [2],[3] (14,766) [2],[3]  
Recoveries 323 848 1,185 3,197  
Transfers 1,372 [4] 1,764 [4] 5,172 [4] 7,676 [4]  
Other 710 [5] 860 [5] 1,048 [5] 938 [5]  
Ending balance 53,550 54,384 53,550 54,384  
Single-Family [Member] | Consolidated Trusts [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 10,812 13,078 14,339 12,603  
(Benefit) provision for loan losses (922) [1] 4,318 [1] (372) [1] 10,410 [1]  
Charge-offs (232) [2],[3] (260) [2],[3] (703) [2],[3] (1,466) [2],[3]  
Recoveries 27 35 136 1,537  
Transfers (1,372) [4] (1,764) [4] (5,172) [4] (7,676) [4]  
Other 34 [5] 137 [5] 119 [5] 136 [5]  
Ending balance 8,347 15,544 8,347 15,544  
Multifamily [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 1,241 1,479 1,523 1,576  
(Benefit) provision for loan losses (99) [1] 76 [1] (212) [1] 176 [1]  
Charge-offs (28) [2],[3] (51) [2],[3] (216) [2],[3] (252) [2],[3]  
Transfers 0 [4] 0 [4] 0 [4] 0 [4]  
Other 1 [5] 3 [5] 20 [5] 7 [5]  
Ending balance 1,115 [7] 1,507 1,115 [7] 1,507  
Allowance for loan losses for acquired credit-impaired loans 1 [7]   1 [7]   1
Multifamily [Member] | Interest Receivable [Member]
         
Allowance for Loan Losses [Roll Forward]          
Charge-offs (2) (10) (27) (34)  
Multifamily [Member] | Fannie Mae [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 760 1,017 1,015 1,153  
(Benefit) provision for loan losses (75) [1] 39 [1] (177) [1] 41 [1]  
Charge-offs (28) [2],[3] (51) [2],[3] (216) [2],[3] (252) [2],[3]  
Transfers 6 [4] 6 [4] 23 [4] 63 [4]  
Other 1 [5] 3 [5] 19 [5] 9 [5]  
Ending balance 664 1,014 664 1,014  
Multifamily [Member] | Consolidated Trusts [Member]
         
Allowance for Loan Losses [Roll Forward]          
Beginning balance 481 462 508 423  
(Benefit) provision for loan losses (24) [1] 37 [1] (35) [1] 135 [1]  
Charge-offs 0 [2],[3] 0 [2],[3] 0 [2],[3] 0 [2],[3]  
Transfers (6) [4] (6) [4] (23) [4] (63) [4]  
Other 0 [5] 0 [5] 1 [5] (2) [5]  
Ending balance $ 451 $ 493 $ 451 $ 493  
[1] Provision (benefit) for loan losses is included in (provision) benefit for credit losses in our condensed consolidated statements of operations and comprehensive income (loss).
[2] Total charge-offs include accrued interest of $198 million and $289 million for the three months ended September 30, 2012 and 2011, respectively, and $709 million and $1.1 billion for the nine months ended September 30, 2012 and 2011, respectively. Single-family charge-offs include accrued interest of $196 million and $279 million for the three months ended September 30, 2012 and 2011, respectively, and $682 million and $1.1 billion for the nine months ended September 30, 2012 and 2011, respectively. Multifamily charge-offs include accrued interest of $2 million and $10 million for the three months ended September 30, 2012 and 2011, respectively, and $27 million and $34 million for the nine months ended September 30, 2012 and 2011, respectively.
[3] 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.
[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 $376 million and $334 million as of September 30, 2012 and 2011, respectively, for acquired credit-impaired loans.
[7] As of September 30, 2012, we began classifying as TDRs loans to certain borrowers who have received bankruptcy relief. These loans had a recorded investment of $22.9 billion and a related allowance of $1.1 billion as of September 30, 2012.