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Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2014
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 six months ended June 30, 2014 and 2013.
 
For the Three Months Ended June 30,
 
2014
 
2013
 
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
$
38,746

 
 
$
2,702

 
 
$
41,448

 
$
48,967

 
 
$
6,534

 
 
$
55,501

Benefit for loan losses(1)
(1,288
)
 
 
(240
)
 
 
(1,528
)
 
(4,098
)
 
 
(1,330
)
 
 
(5,428
)
Charge-offs(2)
(1,861
)
 
 
(42
)
 
 
(1,903
)
 
(2,015
)
 
 
(137
)
 
 
(2,152
)
Recoveries
311

 
 
147

 
 
458

 
466

 
 
106

 
 
572

Transfers(3)
337

 
 
(337
)
 
 
—

 
768

 
 
(768
)
 
 
—

Other(4)
155

 
 
13

 
 
168

 
244

 
 
33

 
 
277

Ending balance
$
36,400

 
 
$
2,243

 
 
$
38,643

 
$
44,332

 
 
$
4,438

 
 
$
48,770

Multifamily allowance for loan losses: 

 
 

 
 

 

 
 

 
 

Beginning balance
$
258

 
 
$
205

 
 
$
463

 
$
586

 
 
$
374

 
 
$
960

(Benefit) provision for loan losses(1)
(8
)
 
 
(22
)
 
 
(30
)
 
(36
)
 
 
15

 
 
(21
)
Charge-offs(2)
(8
)
 
 
—

 
 
(8
)
 
(66
)
 
 
—

 
 
(66
)
Transfers(3)
2

 
 
(2
)
 
 
—

 
8

 
 
(8
)
 
 
—

Other(4)
(1
)
 
 
—

 
 
(1
)
 
1

 
 
(1
)
 
 
—

Ending balance
$
243

 
 
$
181

 
 
$
424

 
$
493

 
 
$
380

 
 
$
873

Total allowance for loan losses:

 
 

 
 

 

 
 

 
 

Beginning balance
$
39,004

 
 
$
2,907

 
 
$
41,911

 
$
49,553

 
 
$
6,908

 
 
$
56,461

Benefit for loan losses(1)
(1,296
)
 
 
(262
)
 
 
(1,558
)
 
(4,134
)
 
 
(1,315
)
 
 
(5,449
)
Charge-offs(2)(5)
(1,869
)
 
 
(42
)
 
 
(1,911
)
 
(2,081
)
 
 
(137
)
 
 
(2,218
)
Recoveries
311

 
 
147

 
 
458

 
466

 
 
106

 
 
572

Transfers(3)
339

 
 
(339
)
 
 
—

 
776

 
 
(776
)
 
 
—

Other(4)
154

 
 
13

 
 
167

 
245

 
 
32

 
 
277

Ending balance
$
36,643

 
 
$
2,424

 
 
$
39,067

 
$
44,825

 
 
$
4,818

 
 
$
49,643


 
For the Six Months Ended June 30,
 
2014
 
2013
 
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
$
40,202

 
 
$
3,105

 
 
$
43,307

 
$
49,848

 
 
$
7,839

 
 
$
57,687

Benefit for loan losses(1)
(2,170
)
 
 
(202
)
 
 
(2,372
)
 
(4,534
)
 
 
(1,733
)
 
 
(6,267
)
Charge-offs(2)
(3,308
)
 
 
(143
)
 
 
(3,451
)
 
(4,685
)
 
 
(186
)
 
 
(4,871
)
Recoveries
631

 
 
218

 
 
849

 
1,493

 
 
351

 
 
1,844

Transfers(3)
757

 
 
(757
)
 
 
—

 
1,891

 
 
(1,891
)
 
 
—

Other(4)
288

 
 
22

 
 
310

 
319

 
 
58

 
 
377

Ending balance
$
36,400

 
 
$
2,243

 
 
$
38,643

 
$
44,332

 
 
$
4,438

 
 
$
48,770

Multifamily allowance for loan losses: 
 
 
 
 
 
 
 
 

 
 

 
 

Beginning balance
$
319

 
 
$
220

 
 
$
539

 
$
671

 
 
$
437

 
 
$
1,108

Benefit for loan losses(1)
(20
)
 
 
(38
)
 
 
(58
)
 
(127
)
 
 
(39
)
 
 
(166
)
Charge-offs(2)
(59
)
 
 
—

 
 
(59
)
 
(67
)
 
 
—

 
 
(67
)
Transfers(3)
2

 
 
(2
)
 
 
—

 
17

 
 
(17
)
 
 
—

Other(4)
1

 
 
1

 
 
2

 
(1
)
 
 
(1
)
 
 
(2
)
Ending balance
$
243

 
 
$
181

 
 
$
424

 
$
493

 
 
$
380

 
 
$
873

Total allowance for loan losses:
 
 
 
 
 
 
 
 

 
 

 
 

Beginning balance
$
40,521

 
 
$
3,325

 
 
$
43,846

 
$
50,519

 
 
$
8,276

 
 
$
58,795

Benefit for loan losses(1)
(2,190
)
 
 
(240
)
 
 
(2,430
)
 
(4,661
)
 
 
(1,772
)
 
 
(6,433
)
Charge-offs(2)(5)
(3,367
)
 
 
(143
)
 
 
(3,510
)
 
(4,752
)
 
 
(186
)
 
 
(4,938
)
Recoveries
631

 
 
218

 
 
849

 
1,493

 
 
351

 
 
1,844

Transfers(3)
759

 
 
(759
)
 
 
—

 
1,908

 
 
(1,908
)
 
 
—

Other(4)
289

 
 
23

 
 
312

 
318

 
 
57

 
 
375

Ending balance
$
36,643

 
 
$
2,424

 
 
$
39,067

 
$
44,825

 
 
$
4,818

 
 
$
49,643


__________
(1) 
(Benefit) provision for loan losses is included in “Benefit 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 loan losses, charge-offs, recoveries and transfer activity included in this table reflect 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 $75 million and $122 million for the three months ended June 30, 2014 and 2013, respectively, and $169 million and $237 million for the six months ended June 30, 2014 and 2013, 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 June 30, 2014 and December 31, 2013.
 
As of
  
June 30, 2014
 
December 31, 2013
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
 
(Dollars in millions)
Allowance for loan losses by segment: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
34,624

 
 
$
249

 
 
$
34,873

 
$
37,423

 
 
$
306

 
 
$
37,729

Collectively reserved loans
4,019

 
 
175

 
 
4,194

 
5,884

 
 
233

 
 
6,117

Total allowance for loan losses
$
38,643

 
 
$
424

 
 
$
39,067

 
$
43,307

 
 
$
539

 
 
$
43,846

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
188,395

 
 
$
3,351

 
 
$
191,746

 
$
189,064

 
 
$
4,215

 
 
$
193,279

Collectively reserved loans
2,665,958

 
 
179,595

 
 
2,845,553

 
2,689,627

 
 
181,763

 
 
2,871,390

Total recorded investment in loans
$
2,854,353

 
 
$
182,946

 
 
$
3,037,299

 
$
2,878,691

 
 
$
185,978

 
 
$
3,064,669

__________
(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.