Allowance for Loan Losses Table (Tables)

6 Months Ended

Jun. 30, 2015

Loans and Leases Receivable, Allowance [Abstract]

Allowance for Loan Losses Rollforward by Segment [Table Text Block]

The following tables display changes in single-family, multifamily and total allowance for loan losses.



	For the Three Months Ended June 30,
	2015										2014
	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	$	29,759			$	1,755		$	31,514		$	38,746			$	2,702		$	41,448
Provision (benefit) for loan losses⁽¹⁾	1,268				(227		)	1,041			(1,288		)		(240		)	(1,528		)
Charge-offs⁽²⁾	(2,032		)		(23		)	(2,055		)	(1,861		)		(42		)	(1,903		)
Recoveries	257				4			261			311				147			458
Transfers⁽³⁾	256				(256		)	—			337				(337		)	—
Other⁽⁴⁾	116				(1		)	115			155				13			168
Ending balance	$	29,624			$	1,252		$	30,876		$	36,400			$	2,243		$	38,643
Multifamily allowance for loan losses:
Beginning balance	$	114			$	192		$	306		$	258			$	205		$	463
Provision (benefit) for loan losses⁽¹⁾	6				(18		)	(12		)	(8		)		(22		)	(30		)
Charge-offs⁽²⁾	(19		)		—			(19		)	(8		)		—			(8		)
Transfers⁽³⁾	—				—			—			2				(2		)	—
Other⁽⁴⁾	(1		)		—			(1		)	(1		)		—			(1		)
Ending balance	$	100			$	174		$	274		$	243			$	181		$	424
Total allowance for loan losses:
Beginning balance	$	29,873			$	1,947		$	31,820		$	39,004			$	2,907		$	41,911
Provision (benefit) for loan losses⁽¹⁾	1,274				(245		)	1,029			(1,296		)		(262		)	(1,558		)
Charge-offs⁽²⁾	(2,051		)		(23		)	(2,074		)	(1,869		)		(42		)	(1,911		)
Recoveries	257				4			261			311				147			458
Transfers⁽³⁾	256				(256		)	—			339				(339		)	—
Other⁽⁴⁾	115				(1		)	114			154				13			167
Ending balance	$	29,724			$	1,426		$	31,150		$	36,643			$	2,424		$	39,067



	For the Six Months Ended June 30,
	2015										2014
	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	$	32,956			$	2,221		$	35,177		$	40,202			$	3,105		$	43,307
Provision (benefit) for loan losses⁽¹⁾	1,473				(374		)	1,099			(2,170		)		(202		)	(2,372		)
Charge-offs⁽²⁾⁽⁵⁾	(7,360		)		(42		)	(7,402		)	(3,308		)		(143		)	(3,451		)
Recoveries	871				12			883			631				218			849
Transfers⁽³⁾	615				(615		)	—			757				(757		)	—
Other⁽⁴⁾	1,069				50			1,119			288				22			310
Ending balance	$	29,624			$	1,252		$	30,876		$	36,400			$	2,243		$	38,643
Multifamily allowance for loan losses:
Beginning balance	$	161			$	203		$	364		$	319			$	220		$	539
Benefit for loan losses⁽¹⁾	(31		)		(31		)	(62		)	(20		)		(38		)	(58		)
Charge-offs⁽²⁾⁽⁵⁾	(34		)		—			(34		)	(59		)		—			(59		)
Transfers⁽³⁾	—				—			—			2				(2		)	—
Other⁽⁴⁾	4				2			6			1				1			2
Ending balance	$	100			$	174		$	274		$	243			$	181		$	424
Total allowance for loan losses:
Beginning balance	$	33,117			$	2,424		$	35,541		$	40,521			$	3,325		$	43,846
Provision (benefit) for loan losses⁽¹⁾	1,442				(405		)	1,037			(2,190		)		(240		)	(2,430		)
Charge-offs⁽²⁾⁽⁵⁾	(7,394		)		(42		)	(7,436		)	(3,367		)		(143		)	(3,510		)
Recoveries	871				12			883			631				218			849
Transfers⁽³⁾	615				(615		)	—			759				(759		)	—
Other⁽⁴⁾	1,073				52			1,125			289				23			312
Ending balance	$	29,724			$	1,426		$	31,150		$	36,643			$	2,424		$	39,067

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⁽¹⁾	Provision (benefit) for loan losses is included in “Provision (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 changes in other loss reserves which are offset by amounts reflected in provision (benefit) for credit losses, charge-offs and recoveries.

⁽⁵⁾

Includes for the six months ended June 30, 2015 charge-offs of (1) $1.8 billion in HFI loans and $724 million in preforeclosure property taxes and insurance receivable in connection with our adoption of the Advisory Bulletin on January 1, 2015 and (2) $1.1 billion in accrued interest receivable that were charged-off in connection with the our adoption of a change in accounting principle on January 1, 2015 related to the treatment of interest previously accrued, but not collected, at the date that loans are placed on nonaccrual status.

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, 2015							December 31, 2014
	Single-Family		Multifamily			Total		Single-Family		Multifamily			Total
	(Dollars in millions)
Allowance for loan losses by segment:
Individually impaired loans⁽¹⁾	$	28,620		$	125	$	28,745	$	31,200		$	175	$	31,375
Collectively reserved loans	2,256			149		2,405		3,977			189		4,166
Total allowance for loan losses	$	30,876		$	274	$	31,150	$	35,177		$	364	$	35,541

Recorded investment in loans by segment:
Individually impaired loans⁽¹⁾	$	178,504		$	1,369	$	179,873	$	186,377		$	1,809	$	188,186
Collectively reserved loans	2,654,896			196,880		2,851,776		2,672,184			187,424		2,859,608
Total recorded investment in loans	$	2,833,400		$	198,249	$	3,031,649	$	2,858,561		$	189,233	$	3,047,794

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⁽¹⁾	Includes acquired credit-impaired loans.