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Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2013
Loans and Leases Receivable, Allowance [Abstract]  
Allowance for Loan Losses Rollforward by Segment [Table Text Block]
The following table displays changes in single-family, multifamily and total allowance for loan losses for the three and nine months ended September 30, 2013 and 2012.
 
For the Three Months Ended September 30,
 
2013
 
2012
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
(Dollars in millions)
Single-family allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
44,332

 
 
$
4,438

 
 
$
48,770

 
$
51,322

 
 
$
10,812

 
 
$
62,134

(Benefit) provision for loan losses(1)
(2,126
)
 
 
(345
)
 
 
(2,471
)
 
3,104

 
 
(922
)
 
 
2,182

Charge-offs(2)
(2,221
)
 
 
(50
)
 
 
(2,271
)
 
(3,281
)
 
 
(232
)
 
 
(3,513
)
Recoveries
257

 
 
37

 
 
294

 
323

 
 
27

 
 
350

Transfers(3)
549

 
 
(549
)
 
 
—

 
1,372

 
 
(1,372
)
 
 
—

Other(4)
132

 
 
22

 
 
154

 
710

 
 
34

 
 
744

Ending balance
$
40,923

 
 
$
3,553

 
 
$
44,476

 
$
53,550

 
 
$
8,347

 
 
$
61,897

Multifamily allowance for loan losses: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
493

 
 
$
380

 
 
$
873

 
$
760

 
 
$
481

 
 
$
1,241

Benefit for loan losses(1)
(24
)
 
 
(105
)
 
 
(129
)
 
(75
)
 
 
(24
)
 
 
(99
)
Charge-offs(2)
(54
)
 
 
—

 
 
(54
)
 
(28
)
 
 
—

 
 
(28
)
Transfers(3)
5

 
 
(5
)
 
 
—

 
6

 
 
(6
)
 
 
—

Other(4)
2

 
 
1

 
 
3

 
1

 
 
—

 
 
1

Ending balance
$
422

 
 
$
271

 
 
$
693

 
$
664

 
 
$
451

 
 
$
1,115

Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
44,825

 
 
$
4,818

 
 
$
49,643

 
$
52,082

 
 
$
11,293

 
 
$
63,375

(Benefit) provision for loan losses(1)
(2,150
)
 
 
(450
)
 
 
(2,600
)
 
3,029

 
 
(946
)
 
 
2,083

Charge-offs(2)(5)
(2,275
)
 
 
(50
)
 
 
(2,325
)
 
(3,309
)
 
 
(232
)
 
 
(3,541
)
Recoveries
257

 
 
37

 
 
294

 
323

 
 
27

 
 
350

Transfers(3)
554

 
 
(554
)
 
 
—

 
1,378

 
 
(1,378
)
 
 
—

Other(4)
134

 
 
23

 
 
157

 
711

 
 
34

 
 
745

Ending balance
$
41,345

 
 
$
3,824

 
 
$
45,169

 
$
54,214

 
 
$
8,798

 
 
$
63,012




 
For the Nine Months Ended September 30,
 
2013
 
2012
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
(Dollars in millions)
Single-family allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
49,848

 
 
$
7,839

 
 
$
57,687

 
$
56,294

 
 
$
14,339

 
 
$
70,633

(Benefit) provision for loan losses(1)
(6,660
)
 
 
(2,078
)
 
 
(8,738
)
 
1,260

 
 
(372
)
 
 
888

Charge-offs(2)
(6,906
)
 
 
(236
)
 
 
(7,142
)
 
(11,409
)
 
 
(703
)
 
 
(12,112
)
Recoveries
1,750

 
 
388

 
 
2,138

 
1,185

 
 
136

 
 
1,321

Transfers(3)
2,440

 
 
(2,440
)
 
 
—

 
5,172

 
 
(5,172
)
 
 
—

Other(4)
451

 
 
80

 
 
531

 
1,048

 
 
119

 
 
1,167

Ending balance
$
40,923

 
 
$
3,553

 
 
$
44,476

 
$
53,550

 
 
$
8,347

 
 
$
61,897

Multifamily allowance for loan losses: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
671

 
 
$
437

 
 
$
1,108

 
$
1,015

 
 
$
508

 
 
$
1,523

Benefit for loan losses(1)
(151
)
 
 
(144
)
 
 
(295
)
 
(177
)
 
 
(35
)
 
 
(212
)
Charge-offs(2)
(121
)
 
 
—

 
 
(121
)
 
(216
)
 
 
—

 
 
(216
)
Transfers(3)
22

 
 
(22
)
 
 
—

 
23

 
 
(23
)
 
 
—

Other(4)
1

 
 
—

 
 
1

 
19

 
 
1

 
 
20

Ending balance
$
422

 
 
$
271

 
 
$
693

 
$
664

 
 
$
451

 
 
$
1,115

Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
50,519

 
 
$
8,276

 
 
$
58,795

 
$
57,309

 
 
$
14,847

 
 
$
72,156

(Benefit) provision for loan losses(1)
(6,811
)
 
 
(2,222
)
 
 
(9,033
)
 
1,083

 
 
(407
)
 
 
676

Charge-offs(2)(5)
(7,027
)
 
 
(236
)
 
 
(7,263
)
 
(11,625
)
 
 
(703
)
 
 
(12,328
)
Recoveries
1,750

 
 
388

 
 
2,138

 
1,185

 
 
136

 
 
1,321

Transfers(3)
2,462

 
 
(2,462
)
 
 
—

 
5,195

 
 
(5,195
)
 
 
—

Other(4)
452

 
 
80

 
 
532

 
1,067

 
 
120

 
 
1,187

Ending balance
$
41,345

 
 
$
3,824

 
 
$
45,169

 
$
54,214

 
 
$
8,798

 
 
$
63,012

__________
(1) 
(Benefit) provision for loan losses is included in “Benefit (provision) for credit losses” in our condensed consolidated statements of operations and comprehensive income.
(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. Charge-offs of consolidated trusts generally represent loans that remained in our consolidated trusts at the time of default.
(3) 
Includes transfers from trusts for delinquent loan purchases.
(4) 
Amounts represent the net activity recorded in our allowances for accrued interest receivable and preforeclosure property taxes and insurance receivable from borrowers. The (benefit) 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.
(5) 
Total charge-offs include accrued interest of $100 million and $198 million for the three months ended September 30, 2013 and 2012, respectively, and $337 million and $709 million for the nine months ended September 30, 2013 and 2012, respectively.
Allowance for Loan Losses and Total Recorded Investment in HFI Loans [Table Text Block]
The following table displays the allowance for loan losses and total recorded investment in our HFI loans, excluding loans for which we have elected the fair value option, by impairment or reserve methodology and portfolio segment as of September 30, 2013 and December 31, 2012.

As of
  
September 30, 2013
 
December 31, 2012

Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total

(Dollars in millions)
Allowance for loan losses by segment: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
37,548

 
 
$
398

 
 
$
37,946

 
$
44,545

 
 
$
489

 
 
$
45,034

Collectively reserved loans
6,928

 
 
295

 
 
7,223

 
13,142

 
 
619

 
 
13,761

Total allowance for loan losses
$
44,476

 
 
$
693

 
 
$
45,169

 
$
57,687

 
 
$
1,108

 
 
$
58,795

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
189,856

 
 
$
4,564

 
 
$
194,420

 
$
195,852

 
 
$
4,539

 
 
$
200,391

Collectively reserved loans
2,675,212

 
 
183,524

 
 
2,858,736

 
2,620,568

 
 
186,512

 
 
2,807,080

Total recorded investment in loans
$
2,865,068

 
 
$
188,088

 
 
$
3,053,156

 
$
2,816,420

 
 
$
191,051

 
 
$
3,007,471

__________
(1) 
Includes acquired credit-impaired loans.
(2) 
Recorded investment consists of unpaid principal balance, unamortized premiums, discounts and other cost basis adjustments, and accrued interest receivable.