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Allowance for Loan Losses Table (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2014 and 2013.
 
For the Three Months Ended September 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
$
36,400

 
 
$
2,243

 
 
$
38,643

 
$
44,332

 
 
$
4,438

 
 
$
48,770

(Benefit) provision for loan losses(1)
(1,393
)
 
 
394

 
 
(999
)
 
(2,126
)
 
 
(345
)
 
 
(2,471
)
Charge-offs(2)
(1,439
)
 
 
(108
)
 
 
(1,547
)
 
(2,221
)
 
 
(50
)
 
 
(2,271
)
Recoveries
271

 
 
4

 
 
275

 
257

 
 
37

 
 
294

Transfers(3)
366

 
 
(366
)
 
 
—

 
549

 
 
(549
)
 
 
—

Other(4)
170

 
 
28

 
 
198

 
132

 
 
22

 
 
154

Ending balance
$
34,375

 
 
$
2,195

 
 
$
36,570

 
$
40,923

 
 
$
3,553

 
 
$
44,476

Multifamily allowance for loan losses:

 
 

 
 

 

 
 

 
 

Beginning balance
$
243

 
 
$
181

 
 
$
424

 
$
493

 
 
$
380

 
 
$
873

Benefit for loan losses(1)
(46
)
 
 
(6
)
 
 
(52
)
 
(24
)
 
 
(105
)
 
 
(129
)
Charge-offs(2)
(14
)
 
 
—

 
 
(14
)
 
(54
)
 
 
—

 
 
(54
)
Transfers(3)
2

 
 
(2
)
 
 
—

 
5

 
 
(5
)
 
 
—

Other(4)
2

 
 
1

 
 
3

 
2

 
 
1

 
 
3

Ending balance
$
187

 
 
$
174

 
 
$
361

 
$
422

 
 
$
271

 
 
$
693

Total allowance for loan losses:

 
 

 
 

 

 
 

 
 

Beginning balance
$
36,643

 
 
$
2,424

 
 
$
39,067

 
$
44,825

 
 
$
4,818

 
 
$
49,643

(Benefit) provision for loan losses(1)
(1,439
)
 
 
388

 
 
(1,051
)
 
(2,150
)
 
 
(450
)
 
 
(2,600
)
Charge-offs(2)(5)
(1,453
)
 
 
(108
)
 
 
(1,561
)
 
(2,275
)
 
 
(50
)
 
 
(2,325
)
Recoveries
271

 
 
4

 
 
275

 
257

 
 
37

 
 
294

Transfers(3)
368

 
 
(368
)
 
 
—

 
554

 
 
(554
)
 
 
—

Other(4)
172

 
 
29

 
 
201

 
134

 
 
23

 
 
157

Ending balance
$
34,562

 
 
$
2,369

 
 
$
36,931

 
$
41,345

 
 
$
3,824

 
 
$
45,169


 
For the Nine Months Ended September 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) provision for loan losses(1)
(3,563
)
 
 
192

 
 
(3,371
)
 
(6,660
)
 
 
(2,078
)
 
 
(8,738
)
Charge-offs(2)
(4,747
)
 
 
(251
)
 
 
(4,998
)
 
(6,906
)
 
 
(236
)
 
 
(7,142
)
Recoveries
902

 
 
222

 
 
1,124

 
1,750

 
 
388

 
 
2,138

Transfers(3)
1,123

 
 
(1,123
)
 
 
—

 
2,440

 
 
(2,440
)
 
 
—

Other(4)
458

 
 
50

 
 
508

 
451

 
 
80

 
 
531

Ending balance
$
34,375

 
 
$
2,195

 
 
$
36,570

 
$
40,923

 
 
$
3,553

 
 
$
44,476

Multifamily allowance for loan losses:
 
 
 
 
 
 
 
 

 
 

 
 

Beginning balance
$
319

 
 
$
220

 
 
$
539

 
$
671

 
 
$
437

 
 
$
1,108

Benefit for loan losses(1)
(66
)
 
 
(44
)
 
 
(110
)
 
(151
)
 
 
(144
)
 
 
(295
)
Charge-offs(2)
(73
)
 
 
—

 
 
(73
)
 
(121
)
 
 
—

 
 
(121
)
Transfers(3)
4

 
 
(4
)
 
 
—

 
22

 
 
(22
)
 
 
—

Other(4)
3

 
 
2

 
 
5

 
1

 
 
—

 
 
1

Ending balance
$
187

 
 
$
174

 
 
$
361

 
$
422

 
 
$
271

 
 
$
693

Total allowance for loan losses:
 
 
 
 
 
 
 
 

 
 

 
 

Beginning balance
$
40,521

 
 
$
3,325

 
 
$
43,846

 
$
50,519

 
 
$
8,276

 
 
$
58,795

(Benefit) provision for loan losses(1)
(3,629
)
 
 
148

 
 
(3,481
)
 
(6,811
)
 
 
(2,222
)
 
 
(9,033
)
Charge-offs(2)(5)
(4,820
)
 
 
(251
)
 
 
(5,071
)
 
(7,027
)
 
 
(236
)
 
 
(7,263
)
Recoveries
902

 
 
222

 
 
1,124

 
1,750

 
 
388

 
 
2,138

Transfers(3)
1,127

 
 
(1,127
)
 
 
—

 
2,462

 
 
(2,462
)
 
 
—

Other(4)
461

 
 
52

 
 
513

 
452

 
 
80

 
 
532

Ending balance
$
34,562

 
 
$
2,369

 
 
$
36,931

 
$
41,345

 
 
$
3,824

 
 
$
45,169


__________
(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 $72 million and $100 million for the three months ended September 30, 2014 and 2013, respectively, and $241 million and $337 million for the nine months ended September 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 September 30, 2014 and December 31, 2013.
 
As of
  
September 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)
$
32,419

 
 
$
183

 
 
$
32,602

 
$
37,423

 
 
$
306

 
 
$
37,729

Collectively reserved loans
4,151

 
 
178

 
 
4,329

 
5,884

 
 
233

 
 
6,117

Total allowance for loan losses
$
36,570

 
 
$
361

 
 
$
36,931

 
$
43,307

 
 
$
539

 
 
$
43,846

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
187,150

 
 
$
2,875

 
 
$
190,025

 
$
189,064

 
 
$
4,215

 
 
$
193,279

Collectively reserved loans
2,667,398

 
 
183,209

 
 
2,850,607

 
2,689,627

 
 
181,763

 
 
2,871,390

Total recorded investment in loans
$
2,854,548

 
 
$
186,084

 
 
$
3,040,632

 
$
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.