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Allowance for Loan Losses (Tables)
12 Months Ended
Dec. 31, 2014
Loans and Leases Receivable, Allowance [Abstract]  
Allowance for Loan Losses Roll Forward by Segment [Table Text Block]
The following table displays changes in single-family, multifamily and total allowance for loan losses for the years ended December 31, 2014, 2013 and 2012.
 
For the Year Ended December 31,
 
2014
 
2013
 
2012
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
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, January 1
$
40,202

 
 
$
3,105

 
 
$
43,307

 
$
49,848

 
 
$
7,839

 
 
$
57,687

 
$
56,294

 
 
$
14,339

 
 
$
70,633

(Benefit) provision for loan losses(1)
(4,334
)
 
 
553

 
 
(3,781
)
 
(6,751
)
 
 
(2,145
)
 
 
(8,896
)
 
(1,482
)
 
 
465

 
 
(1,017
)
Charge-offs(2)
(6,168
)
 
 
(225
)
 
 
(6,393
)
 
(8,458
)
 
 
(256
)
 
 
(8,714
)
 
(14,055
)
 
 
(823
)
 
 
(14,878
)
Recoveries
1,190

 
 
250

 
 
1,440

 
2,115

 
 
511

 
 
2,626

 
1,632

 
 
152

 
 
1,784

Transfers(3)
1,513

 
 
(1,513
)
 
 

 
2,932

 
 
(2,932
)
 
 

 
6,437

 
 
(6,437
)
 
 

Other(4)
553

 
 
51

 
 
604

 
516

 
 
88

 
 
604

 
1,022

 
 
143

 
 
1,165

Ending balance, December 31 
$
32,956

 
 
$
2,221

 
 
$
35,177

 
$
40,202

 
 
$
3,105

 
 
$
43,307

 
$
49,848

 
 
$
7,839

 
 
$
57,687

Multifamily allowance for loan losses: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
$
319

 
 
$
220

 
 
$
539

 
$
671

 
 
$
437

 
 
$
1,108

 
$
1,015

 
 
$
508

 
 
$
1,523

Benefit for loan losses(1)
(91
)
 
 
(13
)
 
 
(104
)
 
(233
)
 
 
(187
)
 
 
(420
)
 
(131
)
 
 
(43
)
 
 
(174
)
Charge-offs
(76
)
 
 

 
 
(76
)
 
(153
)
 
 

 
 
(153
)
 
(261
)
 
 

 
 
(261
)
Transfers(3)
4

 
 
(4
)
 
 

 
30

 
 
(30
)
 
 

 
29

 
 
(29
)
 
 

Other(4)
5

 
 

 
 
5

 
4

 
 

 
 
4

 
19

 
 
1

 
 
20

Ending balance, December 31 
$
161

 
 
$
203

 
 
$
364

 
$
319

 
 
$
220

 
 
$
539

 
$
671

 
 
$
437

 
 
$
1,108

Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
$
40,521

 
 
$
3,325

 
 
$
43,846

 
$
50,519

 
 
$
8,276

 
 
$
58,795

 
$
57,309

 
 
$
14,847

 
 
$
72,156

(Benefit) provision for loan losses(1)
(4,425
)
 
 
540

 
 
(3,885
)
 
(6,984
)
 
 
(2,332
)
 
 
(9,316
)
 
(1,613
)
 
 
422

 
 
(1,191
)
Charge-offs(2)
(6,244
)
 
 
(225
)
 
 
(6,469
)
 
(8,611
)
 
 
(256
)
 
 
(8,867
)
 
(14,316
)
 
 
(823
)
 
 
(15,139
)
Recoveries
1,190

 
 
250

 
 
1,440

 
2,115

 
 
511

 
 
2,626

 
1,632

 
 
152

 
 
1,784

Transfers(3)
1,517

 
 
(1,517
)
 
 

 
2,962

 
 
(2,962
)
 
 

 
6,466

 
 
(6,466
)
 
 

Other(4)
558

 
 
51

 
 
609

 
520

 
 
88

 
 
608

 
1,041

 
 
144

 
 
1,185

Ending balance, December 31
$
33,117

 
 
$
2,424

 
 
$
35,541

 
$
40,521

 
 
$
3,325

 
 
$
43,846

 
$
50,519

 
 
$
8,276

 
 
$
58,795


__________
(1) 
(Benefit) provision for loan losses is included in “Benefit for credit losses” in our 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 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.
Allowance for Loan Losses and Total Recorded Investment in HFI Loans [Table Text Block]
The following table displays the allowance for loan losses and 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 December 31, 2014 and 2013.
 
As of December 31,
 
2014
 
2013
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
 
(Dollars in millions)
Allowance for loan losses by segment: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
31,200

 
 
$
175

 
 
$
31,375

 
$
37,423

 
 
$
306

 
 
$
37,729

Collectively reserved loans 
3,977

 
 
189

 
 
4,166

 
5,884

 
 
233

 
 
6,117

Total allowance for loan losses 
$
35,177

 
 
$
364

 
 
$
35,541

 
$
43,307

 
 
$
539

 
 
$
43,846

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
186,377

 
 
$
1,809

 
 
$
188,186

 
$
189,064

 
 
$
4,215

 
 
$
193,279

Collectively reserved loans 
2,672,184

 
 
187,424

 
 
2,859,608

 
2,689,627

 
 
181,763

 
 
2,871,390

Total recorded investment in loans 
$
2,858,561

 
 
$
189,233

 
 
$
3,047,794

 
$
2,878,691

 
 
$
185,978

 
 
$
3,064,669

__________
(1) 
Includes acquired credit-impaired loans.