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Segment Reporting (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Segment Reporting Information [Line Items]                      
Net interest (loss) income $ 4,851 $ 5,582 $ 5,667 $ 6,304 $ 5,559 $ 5,317 $ 5,428 $ 5,197 $ 22,404 $ 21,501 $ 19,281
Benefit (provision) for credit losses 0 2,609 5,383 957 1,890 (2,079) 3,041 (2,000) 8,949 852 (26,718)
Net interest income (loss) after benefit (provision) for credit losses 4,851 8,191 11,050 7,261 7,449 3,238 8,469 3,197 31,353 22,353 (7,437)
Guaranty fee income (expense)                 205 [1],[2] 212 [1],[2] 227 [1]
Investment gains, net 135 648 290 118 106 134 131 116 1,191 487 506
Net other-than-temporary impairments (22) (27) (6) (9) (12) (38) (599) (64) (64) [3] (713) (308)
Fair value gains (losses), net 961 335 829 834 209 (1,020) (2,449) 283 2,959 (2,977) (6,621)
Debt extinguishment gains (losses), net 35 92 27 (23) (63) (54) (93) (34) 131 (244) (232)
Gains (losses) from partnership investments                 517 [4] 119 [4] 81 [4]
Fee and other income (expense)                 3,725 1,275 936
Administrative expenses (632) (646) (626) (641) (648) (588) (567) (564) (2,545) (2,367) (2,370)
Foreclosed property income (expense) 1,082 1,165 332 260 475 48 70 (339) 2,839 254 (780)
TCCA fees                 (1,001) (238) 0
Other (expenses) income                 (743) (941) [5] (947)
Income (loss) before federal income taxes 8,274 10,099 12,080 8,114         38,567 17,220 (16,945)
(Provision) benefit for federal income taxes (1,816) (1,355) (1,985) 50,571         45,415 [6] 0 90
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 6,458 8,744 10,095 58,685 7,570 1,813 5,119 2,718 83,982 17,220 (16,855)
Less: Net (income) loss attributable to noncontrolling interest (1) (7) (11) 0 0 8 (5) 1 (19) 4 0
Net income (loss) attributable to Fannie Mae 6,457 8,737 10,084 58,685 7,570 1,821 5,114 2,719 83,963 17,224 (16,855)
Single-Family [Member]
                     
Segment Reporting Information [Line Items]                      
Net interest (loss) income                 205 (790) (2,411)
Benefit (provision) for credit losses                 8,469 672 (26,453)
Net interest income (loss) after benefit (provision) for credit losses                 8,674 (118) (28,864)
Guaranty fee income (expense)                 10,468 [2] 8,151 [2] 7,507
Investment gains, net                 3 8 (2)
Net other-than-temporary impairments                 0 0 0
Fair value gains (losses), net                 (10) (8) (7)
Debt extinguishment gains (losses), net                 0 0 0
Gains (losses) from partnership investments                 0 [4] 0 [4] 0 [4]
Fee and other income (expense)                 630 759 579
Administrative expenses                 (1,706) (1,590) (1,638)
Foreclosed property income (expense)                 2,736 247 (765)
Other (expenses) income                 (628) (841) [5] (857)
Income (loss) before federal income taxes                 19,166 6,370 (24,047)
(Provision) benefit for federal income taxes                 29,110 [6] (80) 106
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                 48,276 6,290  
Less: Net (income) loss attributable to noncontrolling interest                 0 0  
Net income (loss) attributable to Fannie Mae                 48,276 6,290 (23,941)
Multifamily [Member]
                     
Segment Reporting Information [Line Items]                      
Net interest (loss) income                 (74) (13) (38)
Benefit (provision) for credit losses                 480 180 (265)
Net interest income (loss) after benefit (provision) for credit losses                 406 167 (303)
Guaranty fee income (expense)                 1,217 [2] 1,040 [2] 884
Investment gains, net                 21 37 18
Net other-than-temporary impairments                 0 0 0
Fair value gains (losses), net                 0 0 0
Debt extinguishment gains (losses), net                 0 0 0
Gains (losses) from partnership investments                 498 [4] 123 [4] 81 [4]
Fee and other income (expense)                 182 207 218
Administrative expenses                 (280) (269) (264)
Foreclosed property income (expense)                 103 7 (15)
Other (expenses) income                 (2) (5) [5] 25
Income (loss) before federal income taxes                 2,145 1,307 644
(Provision) benefit for federal income taxes                 7,924 [6] 204 (61)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                 10,069 1,511  
Less: Net (income) loss attributable to noncontrolling interest                 0 0  
Net income (loss) attributable to Fannie Mae                 10,069 1,511 583
Capital Markets [Member]
                     
Segment Reporting Information [Line Items]                      
Net interest (loss) income                 9,764 13,241 13,920
Benefit (provision) for credit losses                 0 0 0
Net interest income (loss) after benefit (provision) for credit losses                 9,764 13,241 13,920
Guaranty fee income (expense)                 (1,115) [2] (1,291) [2] (1,497)
Investment gains, net                 4,911 6,217 3,711
Net other-than-temporary impairments                 (64) (711) (306)
Fair value gains (losses), net                 3,148 (3,041) (6,596)
Debt extinguishment gains (losses), net                 27 (277) (254)
Gains (losses) from partnership investments                 0 [4] 0 [4] 0 [4]
Fee and other income (expense)                 3,010 717 478
Administrative expenses                 (559) (508) (468)
Foreclosed property income (expense)                 0 0 0
Other (expenses) income                 20 (22) [5] (34)
Income (loss) before federal income taxes                 19,142 14,325 8,954
(Provision) benefit for federal income taxes                 8,381 [6] (124) 45
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                 27,523 14,201  
Less: Net (income) loss attributable to noncontrolling interest                 0 0  
Net income (loss) attributable to Fannie Mae                 27,523 14,201 8,999
US Treasury [Member]
                     
Segment Reporting Information [Line Items]                      
TCCA fees (306) (276) (233) (186) (134) (78) (26) 0 (1,001) [2] (238) [2],[5]  
US Treasury [Member] | Single-Family [Member]
                     
Segment Reporting Information [Line Items]                      
TCCA fees                 (1,001) [2] (238) [2],[5]  
Consolidated Trusts [Member]
                     
Segment Reporting Information [Line Items]                      
Net interest (loss) income                 10,939 [7] 7,156 [7] 5,765 [7]
Benefit (provision) for credit losses                 0 [7] 0 [7] 0 [7]
Net interest income (loss) after benefit (provision) for credit losses                 10,939 [7] 7,156 [7] 5,765 [7]
Guaranty fee income (expense)                 (5,233) [1],[2],[7] (4,737) [1],[2],[7] (4,486) [1],[7]
Investment gains, net                 (122) [7] (1) [7] (315) [7]
Net other-than-temporary impairments                 0 [7] (2) [7] (2) [7]
Fair value gains (losses), net                 (722) [7] (313) [7] (226) [7]
Debt extinguishment gains (losses), net                 104 [7] 33 [7] 22 [7]
Gains (losses) from partnership investments                 0 [4],[7] 0 [4],[7] 0 [4],[7]
Fee and other income (expense)                 (321) [7] (395) [7] (329) [7]
Administrative expenses                 0 [7] 0 [7] 0 [7]
Foreclosed property income (expense)                 0 [7] 0 [7] 0 [7]
Other (expenses) income                 0 [7] 0 [5],[7] 0 [7]
Income (loss) before federal income taxes                 4,645 [7] 1,741 [7] 429 [7]
(Provision) benefit for federal income taxes                 0 [6],[7] 0 [7] 0 [7]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                 4,645 [7] 1,741 [7]  
Less: Net (income) loss attributable to noncontrolling interest                 0 [7] 0 [7]  
Net income (loss) attributable to Fannie Mae                 4,645 [7] 1,741 [7] 429 [7]
Eliminations/Adjustments [Member]
                     
Segment Reporting Information [Line Items]                      
Net interest (loss) income                 1,570 [8],[9] 1,907 [8],[9] 2,045 [8],[9]
Benefit (provision) for credit losses                 0 [8] 0 [8] 0 [8]
Net interest income (loss) after benefit (provision) for credit losses                 1,570 [8] 1,907 [8] 2,045 [8]
Guaranty fee income (expense)                 (5,132) [1],[2],[8] (2,951) [1],[2],[8] (2,181) [1],[8]
Investment gains, net                 (3,622) [10],[8] (5,774) [10],[8] (2,906) [10],[8]
Net other-than-temporary impairments                 0 [8] 0 [8] 0 [8]
Fair value gains (losses), net                 543 [11],[8] 385 [11],[8] 208 [11],[8]
Debt extinguishment gains (losses), net                 0 [8] 0 [8] 0 [8]
Gains (losses) from partnership investments                 19 [4],[8] (4) [4],[8] 0 [4],[8]
Fee and other income (expense)                 224 [8] (13) [8] (10) [8]
Administrative expenses                 0 [8] 0 [8] 0 [8]
Foreclosed property income (expense)                 0 [8] 0 [8] 0 [8]
Other (expenses) income                 (133) [8] (73) [5],[8] (81) [8]
Income (loss) before federal income taxes                 (6,531) [8] (6,523) [8] (2,925) [8]
(Provision) benefit for federal income taxes                 0 [6],[8] 0 [8] 0 [8]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                 (6,531) [8] (6,523) [8]  
Less: Net (income) loss attributable to noncontrolling interest                 (19) [12],[8] 4 [12],[8]  
Net income (loss) attributable to Fannie Mae                 $ (6,550) [8] $ (6,519) [8] $ (2,925) [8]
[1] Represents the guaranty fees paid from consolidated trusts to the Single-Family and Multifamily segments. The adjustment to guaranty fee income in the Eliminations/Adjustments column represents the elimination of the amortization of deferred cash fees related to consolidated trusts that were re-established for segment reporting. Total guaranty fee income related to unconsolidated Fannie Mae MBS trusts and other credit enhancement arrangements is included in fee and other income in our consolidated statements of operations and comprehensive income (loss).
[2] Pursuant to the TCCA, effective April 1, 2012, we increased the guaranty fee on all single-family residential mortgages delivered to us on or after that date by 10 basis points, and the incremental revenue must be remitted to Treasury. The resulting revenue is included in guaranty fee income and the expense is recognized as “TCCA fees.” This increase in guaranty fee is also included in the single-family average charged guaranty fee.
[3] Includes $34 million of other-than-temporary impairments recognized in earnings for the year ended December 31, 2013, related to our intent to sell the related securities before recovery of their amortized cost basis.
[4] Gains from partnership investments are included in other expenses in our consolidated statements of operations and comprehensive income (loss).
[5] Certain prior period amounts have been reclassified to conform with the current period presentation.
[6] Primarily represents the release of the valuation allowance for our deferred tax assets that generally are directly attributable to each segment based on the nature of the item.
[7] Represents activity related to the assets and liabilities of consolidated trusts in our consolidated balance sheets.
[8] Represents the elimination of intercompany transactions occurring between the three business segments and our consolidated trusts, as well as other adjustments to reconcile to our consolidated results.
[9] Represents the amortization expense of cost basis adjustments on securities in the Capital Markets group’s retained mortgage portfolio that on a GAAP basis are eliminated.
[10] Primarily represents the removal of realized gains and losses on sales of Fannie Mae MBS classified as available-for-sale securities that are issued by consolidated trusts and in the Capital Markets group’s retained mortgage portfolio. The adjustment also includes the removal of securitization gains (losses) recognized in the Capital Markets segment relating to portfolio securitization transactions that do not qualify for sale accounting under GAAP.
[11] Represents the removal of fair value adjustments on consolidated Fannie Mae MBS classified as trading that are in the Capital Markets group’s retained mortgage portfolio.
[12] Represents the adjustment from equity method accounting to consolidation accounting for partnership investments that are consolidated in our consolidated balance sheets.