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Fair Value Level 3 Rollforward (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Trading securities [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance $ 3,030 $ 2,774 $ 2,286
Total gains or (losses) (realized/unrealized) Included in Net Income 8 512 469
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 0 6 0
Sales (1,200) (299) (50)
Issues 0 0 0
Settlements (148) (277) (304)
Transfers out of Level 3 (322) (267) (438)
Transfers into Level 3 30 581 811
Ending Balance 1,398 3,030 2,774
Net Unrealized Gains (Losses) included in net income related to assets still held (8) 486 430
Trading securities [Member] | Fannie Mae [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 305 42 68
Total gains or (losses) (realized/unrealized) Included in Net Income (27) (27) (9)
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 0 6 0
Sales (2) 0 0
Issues 0 0 0
Settlements 0 (2) (17)
Transfers out of Level 3 (278) (39) 0
Transfers into Level 3 2 325 0
Ending Balance 0 305 42
Net Unrealized Gains (Losses) included in net income related to assets still held 0 (18) (9)
Trading securities [Member] | Freddie Mac [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 0 2 2
Total gains or (losses) (realized/unrealized) Included in Net Income   0 0
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income   0 0
Purchases   0 0
Sales   0 0
Issues   0 0
Settlements   0 0
Transfers out of Level 3   (2) 0
Transfers into Level 3   0 0
Ending Balance   0 2
Net Unrealized Gains (Losses) included in net income related to assets still held   0 0
Trading securities [Member] | Ginnie Mae [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance   0 1
Total gains or (losses) (realized/unrealized) Included in Net Income     0
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income     0
Purchases     0
Sales     0
Issues     0
Settlements     (1)
Transfers out of Level 3     (3)
Transfers into Level 3     3
Ending Balance     0
Net Unrealized Gains (Losses) included in net income related to assets still held     0
Trading securities [Member] | Alt-A private-label securities [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 597 618 104
Total gains or (losses) (realized/unrealized) Included in Net Income 36 88 256
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales (267) (58) 0
Issues 0 0 0
Settlements (45) (81) (115)
Transfers out of Level 3 (44) (226) (435)
Transfers into Level 3 28 256 808
Ending Balance 305 597 618
Net Unrealized Gains (Losses) included in net income related to assets still held 15 97 223
Trading securities [Member] | Subprime private-label securities [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 1,307 1,448 1,319
Total gains or (losses) (realized/unrealized) Included in Net Income 36 270 328
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales (611) (241) (50)
Issues 0 0 0
Settlements (88) (170) (149)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 0 0
Ending Balance 644 1,307 1,448
Net Unrealized Gains (Losses) included in net income related to assets still held 10 234 322
Trading securities [Member] | Mortgage revenue bonds [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 722 565 675
Total gains or (losses) (realized/unrealized) Included in Net Income (41) 168 (101)
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales (220) 0 0
Issues 0 0 0
Settlements (12) (11) (9)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 0 0
Ending Balance 449 722 565
Net Unrealized Gains (Losses) included in net income related to assets still held (33) 160 (101)
Trading securities [Member] | Other [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 99 99 117
Total gains or (losses) (realized/unrealized) Included in Net Income 4 13 (5)
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales (100) 0 0
Issues 0 0 0
Settlements (3) (13) (13)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 0 0
Ending Balance 0 99 99
Net Unrealized Gains (Losses) included in net income related to assets still held 0 13 (5)
Available-for-sale securities [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 15,080 19,012 25,034
Total gains or (losses) (realized/unrealized) Included in Net Income 839 606 302
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income (661) 932 1,665
Purchases 421 0 359
Sales (4,926) (2,193) (4,016)
Issues 0 0 0
Settlements (2,132) (3,337) (4,642)
Transfers out of Level 3 (540) (1,748) (3,373)
Transfers into Level 3 350 1,808 3,683
Ending Balance 8,431 15,080 19,012
Net Unrealized Gains (Losses) included in net income related to assets still held 0 0 0
Available-for-sale securities [Member] | Fannie Mae [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 0 7 29
Total gains or (losses) (realized/unrealized) Included in Net Income 0 0 0
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 (1)
Purchases 421 0 0
Sales (425) 0 0
Issues 0 0 0
Settlements (8) (1) (7)
Transfers out of Level 3 0 (8) (14)
Transfers into Level 3 12 2 0
Ending Balance 0 0 7
Net Unrealized Gains (Losses) included in net income related to assets still held 0 0 0
Available-for-sale securities [Member] | Freddie Mac [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 6 8 10
Total gains or (losses) (realized/unrealized) Included in Net Income 0 0 0
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 (1)
Purchases 0 0 0
Sales 0 0 0
Issues 0 0 0
Settlements (1) (1) (2)
Transfers out of Level 3 (2) (2) (1)
Transfers into Level 3 1 1 2
Ending Balance 4 6 8
Net Unrealized Gains (Losses) included in net income related to assets still held 0 0 0
Available-for-sale securities [Member] | Ginnie Mae [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance   0 0
Total gains or (losses) (realized/unrealized) Included in Net Income     0
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income     0
Purchases     0
Sales     0
Issues     0
Settlements     0
Transfers out of Level 3     (1)
Transfers into Level 3     1
Ending Balance     0
Net Unrealized Gains (Losses) included in net income related to assets still held     0
Available-for-sale securities [Member] | Alt-A private-label securities [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 3,140 3,791 6,564
Total gains or (losses) (realized/unrealized) Included in Net Income 215 172 144
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income (173) (26) 464
Purchases 0 0 0
Sales (1,504) (393) (2,664)
Issues 0 0 0
Settlements (436) (471) (1,040)
Transfers out of Level 3 (538) (1,738) (3,357)
Transfers into Level 3 337 1,805 3,680
Ending Balance 1,041 3,140 3,791
Net Unrealized Gains (Losses) included in net income related to assets still held 0 0 0
Available-for-sale securities [Member] | Subprime private-label securities [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 5,240 7,068 7,447
Total gains or (losses) (realized/unrealized) Included in Net Income 599 447 120
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income (382) 301 1,527
Purchases 0 0 359
Sales (1,575) (1,730) (1,317)
Issues 0 0 0
Settlements (601) (846) (1,068)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 0 0
Ending Balance 3,281 5,240 7,068
Net Unrealized Gains (Losses) included in net income related to assets still held 0 0 0
Available-for-sale securities [Member] | Mortgage revenue bonds [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 4,023 5,253 7,837
Total gains or (losses) (realized/unrealized) Included in Net Income 51 (32) 25
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income (104) 554 (449)
Purchases 0 0 0
Sales (410) (70) (35)
Issues 0 0 0
Settlements (859) (1,682) (2,125)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 0 0
Ending Balance 2,701 4,023 5,253
Net Unrealized Gains (Losses) included in net income related to assets still held 0 0 0
Available-for-sale securities [Member] | Other [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 2,671 2,885 3,147
Total gains or (losses) (realized/unrealized) Included in Net Income (26) 19 13
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income (2) 103 125
Purchases 0 0 0
Sales (1,012) 0 0
Issues 0 0 0
Settlements (227) (336) (400)
Transfers out of Level 3 0 0 0
Transfers into Level 3 0 0 0
Ending Balance 1,404 2,671 2,885
Net Unrealized Gains (Losses) included in net income related to assets still held 0 0 0
Mortgage loans [Member] | Consolidated Trusts [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 1,833 2,704 2,634
Total gains or (losses) (realized/unrealized) Included in Net Income 57 260 282
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 5 36 346
Sales 0 0 (393)
Issues 0 0 0
Settlements (350) (344) (459)
Transfers out of Level 3 (377) (1,113) (352)
Transfers into Level 3 309 290 646
Ending Balance 1,477 1,833 2,704
Net Unrealized Gains (Losses) included in net income related to assets still held (20) 53 50
Net derivatives [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance 45 (40) 14
Total gains or (losses) (realized/unrealized) Included in Net Income (55) 103 (165)
Total gains or (losses) (realized/unrealized) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues (4) 0 0
Settlements 169 (21) 97
Transfers out of Level 3 (7) (2) 16
Transfers into Level 3 9 5 (2)
Ending Balance 157 45 (40)
Net Unrealized Gains (Losses) included in net income related to assets still held (2) 77 (51)
Long-term Debt [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance (890) (1,473) (1,528)
Total gains (losses) (realized/unrealized) Included in Net Income (15) (195) (174)
Total gains (losses) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues (66) (751) (695)
Settlements 57 81 580
Transfers out of Level 3 228 1,576 434
Transfers Into Level 3 (179) (128) (90)
Ending Balance (865) (890) (1,473)
Net unrealized Gains (Losses) included in net income related to Liabilities still held 11 (146) (4)
Long-term Debt [Member] | Consolidated Trusts [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance (527) (518) (1,128)
Total gains (losses) (realized/unrealized) Included in Net Income (9) (53) (250)
Total gains (losses) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues (66) (1) (21)
Settlements 57 62 537
Transfers out of Level 3 228 111 434
Transfers Into Level 3 (179) (128) (90)
Ending Balance (496) (527) (518)
Net unrealized Gains (Losses) included in net income related to Liabilities still held 17 (49) (80)
Long-term Debt [Member] | Senior Floating [Member] | Fannie Mae [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning Balance (363) (955) (400)
Total gains (losses) (realized/unrealized) Included in Net Income (6) (142) 76
Total gains (losses) Included in Other Comprehensive Income 0 0 0
Purchases 0 0 0
Sales 0 0 0
Issues 0 (750) (674)
Settlements 0 19 43
Transfers out of Level 3 0 1,465 0
Transfers Into Level 3 0 0 0
Ending Balance (369) (363) (955)
Net unrealized Gains (Losses) included in net income related to Liabilities still held $ (6) $ (97) $ 76