Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Interest income:
Trading securities	$ 127		$ 226
Available-for-sale securities	440		673
Mortgage loans (includes $25,954 and $25,394, respectively, related to consolidated trusts)	28,588		29,224
Other	24		57
Total interest income	29,179		30,180
Interest expense:
Short-term debt	20		43
Long-term debt (includes $22,076 and $21,158, respectively, related to consolidated trusts)	24,421		23,833
Total interest expense	24,441		23,876
Net interest income	4,738		6,304	[1]
Benefit for credit losses	774		957	[1]
Net interest income after benefit for credit losses	5,512		7,261	[1]
Investment gains, net	146		118
Net other-than-temporary impairments	(51)		(9)	[1]
Fair value (losses) gains, net	(1,190)		834	[1]
Debt extinguishment losses, net	0		(23)	[1]
Fee and other income	4,355		568
Non-interest income	3,260		1,488
Administrative expenses:
Salaries and employee benefits	325		317
Professional services	242		223
Occupancy expenses	50		46
Other administrative expenses	55		55
Total administrative expenses	672		641	[1]
Foreclosed property income	(262)		(260)	[1]
Temporary Payroll Tax Cut Continuation Act of 2011 (“TCCA”) fees	322		186
Other expenses, net	131		68
Total expenses	863		635
Income before federal income taxes	7,909		8,114	[1]
(Provision) benefit for federal income taxes	(2,584)		50,571	[1],[2]
Net income	5,325		58,685
Other comprehensive income:
Changes in unrealized gains on available-for-sale securities, net of reclassification adjustments and taxes	372		648
Other	0		6
Total other comprehensive income	372		654
Total comprehensive income attributable to Fannie Mae	5,697		59,339
Net income attributable to Fannie Mae	5,325		58,685	[1]
Dividends available for distribution to senior preferred stockholder (Note 11)	(5,692)	[3]	(59,368)	[3]
Net loss attributable to common stockholders (Note 11)	$ (367)		$ (683)
Loss per share: basic and diluted	$ (0.06)		$ (0.12)
Weighted-average common shares outstanding--basic and diluted	5,762	[4]	5,762	[4]

[1] Certain prior period amounts have been reclassified to conform with the current period presentation.

[2] Represented the release of the valuation allowance for our deferred tax assets that generally is directly attributable to each segment based on the nature of the item.

[3] Represents our dividend payments to Treasury under the terms of the senior preferred stock. Dividends available for distribution as of March 31, 2014 (relating to the dividend period for the three months ended June 30, 2014) were calculated based on our net worth as of March 31, 2014 less the applicable capital reserve amount of $2.4 billion. Dividends available for distribution as of March 31, 2013 (relating to the dividend period for the three months ended June 30, 2013) were calculated based on our net worth as of March 31, 2013 less the applicable capital reserve amount of $3.0 billion.

[4] Includes 4.6 billion of weighted average shares of common stock that would be issued upon the full exercise of the warrant issued to Treasury from the date the warrant was issued through March 31, 2014.