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Fair Value Level 3 Reconciliation (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
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) $ 141 $ 196 $ (25) $ 434
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 99 33 94 24
Interest Income [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 60 158 205 428
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 (1) 0 (2)
Fair Value Losses, Net [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 117 98 237 82
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 99 34 94 26
Net Other-than-Temporary Impairments [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) (37) (62) (476) (85)
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 0 0 0
Other [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 1 2 9 9
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 0 0 0
Trading securities [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 2,305 4,034 4,238 4,576
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 85 31 130 16
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 322 [2] 0 [2] 446 [2]
Sales 0 [2] (3) [2] (33) [2] (18) [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (67) [3] (179) [3] (330) [3] (523) [3]
Transfers out of Level 3 (54) [4] (261) [4] (2,060) [4] (661) [4]
Transfers Into Level 3 304 [4] 201 [4] 628 [4] 309 [4]
Ending Balance 2,573 4,145 2,573 4,145
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 80 [5] 62 [5] 63 [5] 47 [5]
Trading securities [Member] | Fannie Mae [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 82 1,679 1,737 2,202
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) (1) 19 1 7
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 322 [2] 0 [2] 446 [2]
Sales 0 [2] (3) [2] (33) [2] (18) [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (5) [3] (115) [3] (113) [3] (344) [3]
Transfers out of Level 3 0 [4] (41) [4] (1,581) [4] (432) [4]
Transfers Into Level 3 0 [4] 0 [4] 65 [4] 0 [4]
Ending Balance 76 1,861 76 1,861
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held (1) [5] 41 [5] (3) [5] 32 [5]
Trading securities [Member] | Ginnie Mae [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 0 0 9 0
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 0 0 0 0
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements 0 [3] 0 [3] 0 [3] 0 [3]
Transfers out of Level 3 0 [4] 0 [4] (9) [4] 0 [4]
Transfers Into Level 3 1 [4] 36 [4] 1 [4] 36 [4]
Ending Balance 1 36 1 36
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Trading securities [Member] | Freddie Mac [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 2   0  
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 0   0  
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1]   0 [1]  
Purchases 0 [2]   0 [2]  
Sales 0 [2]   0 [2]  
Issues 0 [3]   0 [3]  
Settlements 0 [3]   0 [3]  
Transfers out of Level 3 0 [4]   0 [4]  
Transfers Into Level 3 0 [4]   2 [4]  
Ending Balance 2   2  
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5]   0 [5]  
Trading securities [Member] | Alt-A private-label securities [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 188 126 345 20
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 12 7 81 8
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (19) [3] (13) [3] (86) [3] (14) [3]
Transfers out of Level 3 (54) [4] (73) [4] (470) [4] (73) [4]
Transfers Into Level 3 303 [4] 165 [4] 560 [4] 271 [4]
Ending Balance 430 212 430 212
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 7 [5] 10 [5] 19 [5] 12 [5]
Trading securities [Member] | Subprime private-label securities [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 1,226 1,459 1,280 1,581
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 78 (96) 100 (126)
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (39) [3] (45) [3] (115) [3] (137) [3]
Transfers out of Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance 1,265 1,318 1,265 1,318
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 78 [5] (95) [5] 99 [5] (126) [5]
Trading securities [Member] | Mortgage revenue bonds [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 689 616 724 609
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) (5) 105 (31) 126
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (3) [3] (3) [3] (12) [3] (17) [3]
Transfers out of Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance 681 718 681 718
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held (5) [5] 106 [5] (31) [5] 129 [5]
Trading securities [Member] | Other [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 118 154 143 152
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 1 (4) (21) 1
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (1) [3] (3) [3] (4) [3] (6) [3]
Transfers out of Level 3 0 [4] (147) [4] 0 [4] (147) [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance 118 0 118 0
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 1 [5] 0 [5] (21) [5] 0 [5]
Trading securities [Member] | Asset-Backed Securities [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance       12
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss)       0
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss)       0 [1]
Purchases       0 [2]
Sales       0 [2]
Issues       0 [3]
Settlements       (5) [3]
Transfers out of Level 3       (9) [4]
Transfers Into Level 3       2 [4]
Ending Balance   0   0
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held       0 [5]
Available-for-sale securities [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 26,328 30,379 29,492 31,934
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 27 112 (253) 373
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 670 [1] (45) [1] 1,403 [1] (155) [1]
Purchases 64 [2] 853 [2] 70 [2] 1,742 [2]
Sales (64) [2] (708) [2] (112) [2] (853) [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (1,370) [3] (978) [3] (3,606) [3] (3,097) [3]
Transfers out of Level 3 (769) [4] (805) [4] (3,571) [4] (2,338) [4]
Transfers Into Level 3 954 [4] 711 [4] 2,417 [4] 1,913 [4]
Ending Balance 25,840 29,519 25,840 29,519
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Available-for-sale securities [Member] | Fannie Mae [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 34 635 946 114
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 0 (1) 0 (1)
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 16 [1] (8) [1] 28 [1]
Purchases 35 [2] 853 [2] 41 [2] 1,742 [2]
Sales (35) [2] (344) [2] (41) [2] (383) [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (2) [3] (9) [3] (21) [3] (11) [3]
Transfers out of Level 3 0 [4] (374) [4] (895) [4] (843) [4]
Transfers Into Level 3 0 [4] 21 [4] 10 [4] 151 [4]
Ending Balance 32 797 32 797
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Available-for-sale securities [Member] | Freddie Mac [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 11 12 12 3
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 0 0 0 0
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (1) [3] (1) [3] (2) [3] (1) [3]
Transfers out of Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Transfers Into Level 3 0 [4] 1 [4] 0 [4] 10 [4]
Ending Balance 10 12 10 12
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Available-for-sale securities [Member] | Alt-A private-label securities [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 6,456 6,652 7,256 7,049
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 5 (20) (97) (19)
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 179 [1] (15) [1] 472 [1] 63 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (263) [3] (250) [3] (800) [3] (725) [3]
Transfers out of Level 3 (769) [4] (431) [4] (2,676) [4] (1,495) [4]
Transfers Into Level 3 954 [4] 689 [4] 2,407 [4] 1,752 [4]
Ending Balance 6,562 6,625 6,562 6,625
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Available-for-sale securities [Member] | Subprime private-label securities [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 7,230 8,909 7,586 9,932
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 27 148 (168) 408
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 434 [1] (484) [1] 940 [1] (1,089) [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] (363) [2] 0 [2] (363) [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (319) [3] (323) [3] (986) [3] (1,001) [3]
Transfers out of Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance 7,372 7,887 7,372 7,887
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Available-for-sale securities [Member] | Mortgage revenue bonds [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 9,353 10,464 10,247 11,030
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 2 (5) 5 (8)
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 7 [1] 429 [1] (13) [1] 723 [1]
Purchases 29 [2] 0 [2] 29 [2] 0 [2]
Sales (29) [2] (1) [2] (71) [2] (107) [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (693) [3] (288) [3] (1,528) [3] (1,039) [3]
Transfers out of Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance 8,669 10,599 8,669 10,599
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Available-for-sale securities [Member] | Other [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 3,244 3,707 3,445 3,806
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) (7) (10) 7 (7)
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 50 [1] 9 [1] 12 [1] 120 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (92) [3] (107) [3] (269) [3] (320) [3]
Transfers out of Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance 3,195 3,599 3,195 3,599
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 0 [5] 0 [5] 0 [5] 0 [5]
Mortgage Loans [Member] | Consolidated Trusts [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 2,331 2,365 2,319 2,207
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) 96 8 216 38
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 146 [2] 45 [2] 533 [2] 102 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements (123) [3] (101) [3] (292) [3] (251) [3]
Transfers out of Level 3 (60) [4] (56) [4] (404) [4] (93) [4]
Transfers Into Level 3 26 [4] 23 [4] 44 [4] 281 [4]
Ending Balance 2,416 2,284 2,416 2,284
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held 87 [5] 6 [5] 143 [5] 28 [5]
Net derivatives [Member]
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 74 79 65 104
Total Gains or (Losses) (Realized/Unrealized) Included in Net Income (Loss) (1) 118 14 123
Total Gains or (Losses) (Realized/Unrealized) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues (2) [3] (1) [3] (8) [3] (2) [3]
Settlements (41) [3] (72) [3] (41) [3] (101) [3]
Transfers out of Level 3 0 [4] (70) [4] 0 [4] (70) [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance 30 54 30 54
Net Unrealized Gains (Losses) Included in Net Loss Related to Assets Still Held (9) [5] 33 [5] 8 [5] 49 [5]
Long-term debt [Member]
       
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (1,731) (1,048) (1,171) (1,048)
Total Gain (Loss) (Realized/Unrealized) Included in Net Loss (66) (73) (132) (116)
Total Gains or (Lossed) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 4 [2] 0 [2] 4 [2]
Issues (38) [3] (4) [3] (523) [3] (44) [3]
Settlements 69 [3] 88 [3] 147 [3] 169 [3]
Transfers out of Level 3 62 [4] 35 [4] 172 [4] 112 [4]
Transfers Into Level 3 (152) [4] (136) [4] (349) [4] (211) [4]
Ending Balance (1,856) (1,134) (1,856) (1,134)
Net Unrealized Gain (Loss) Included in Net Loss Related to Liabilities Still Held (59) [5] (68) [5] (120) [5] (100) [5]
Long-term debt [Member] | Fannie Mae [Member] | Senior Floating [Member]
       
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (412) (402) (406) (421)
Total Gain (Loss) (Realized/Unrealized) Included in Net Loss (19) (74) (25) (88)
Total Gains or (Lossed) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issues 0 [3] 0 [3] 0 [3] 0 [3]
Settlements 0 [3] 70 [3] 0 [3] 103 [3]
Transfers out of Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Transfers Into Level 3 0 [4] 0 [4] 0 [4] 0 [4]
Ending Balance (431) (406) (431) (406)
Net Unrealized Gain (Loss) Included in Net Loss Related to Liabilities Still Held (19) [5] (74) [5] (25) [5] (89) [5]
Long-term debt [Member] | Consolidated Trusts [Member]
       
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (1,319) (646) (765) (627)
Total Gain (Loss) (Realized/Unrealized) Included in Net Loss (47) 1 (107) (28)
Total Gains or (Lossed) Included in Other Comprehensive Income (Loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 4 [2] 0 [2] 4 [2]
Issues (38) [3] (4) [3] (523) [3] (44) [3]
Settlements 69 [3] 18 [3] 147 [3] 66 [3]
Transfers out of Level 3 62 [4] 35 [4] 172 [4] 112 [4]
Transfers Into Level 3 (152) [4] (136) [4] (349) [4] (211) [4]
Ending Balance (1,425) (728) (1,425) (728)
Net Unrealized Gain (Loss) Included in Net Loss Related to Liabilities Still Held $ (40) [5] $ 6 [5] $ (95) [5] $ (11) [5]
[1] Gains (losses) included in other comprehensive income (loss) are included in “Changes in unrealized gains (losses) on available-for-sale securities, net of reclassification adjustments and taxes” in the condensed consolidated statement of operations and comprehensive income (loss).
[2] Purchases and sales include activity related to the consolidation and deconsolidation of assets of securitization trusts.
[3] Issues and settlements include activity related to the consolidation and deconsolidation of liabilities of securitization trusts.
[4] Transfers out of Level 3 consisted primarily of Fannie Mae MBS and private-label mortgage-related securities backed by Alt-A loans. Prices for these securities were obtained from multiple third-party vendors supported by market observable inputs. Transfers into Level 3 consisted primarily of private-label mortgage-related securities backed by Alt-A loans. Prices for these securities are based on inputs from a single source or inputs that were not readily observable.
[5] Amount represents temporary changes in fair value. Amortization, accretion and other-than-temporary impairments are not considered unrealized and are not included in this amount.