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Selected Quarterly Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:                      
Trading securities $ 114 $ 99 $ 116 $ 115 $ 132 $ 151 $ 143 $ 127 $ 444 $ 553 $ 779
Available-for-sale securities 225 261 294 376 373 395 414 440 1,156 1,622 2,357
Mortgage loans interest income 26,993 26,980 26,682 27,044 27,588 27,779 28,165 28,588 107,699 112,120 114,238
Other 39 37 34 33 33 29 24 24 143 110 175
Total interest income 27,371 27,377 27,126 27,568 28,126 28,354 28,746 29,179 109,442 114,405 117,549
Interest expense:                      
Short-term debt interest expense 47 37 33 29 27 26 21 20 146 94 131
Long-term debt interest expense 22,247 21,752 21,416 22,472 22,957 23,144 23,821 24,421 87,887 94,343 95,014
Total interest expense 22,294 21,789 21,449 22,501 22,984 23,170 23,842 24,441 88,033 94,437 95,145
Net interest income (loss) 5,077 5,588 5,677 5,067 5,142 5,184 4,904 4,738 21,409 19,968 22,404
Benefit (provision) for credit losses (255) 1,550 (1,033) 533 466 1,085 1,639 774 795 3,964 8,949
Net interest income after benefit (provision) for credit losses 4,822 7,138 4,644 5,600 5,608 6,269 6,543 5,512 22,204 23,932 31,353
Investment gains, net 181 299 514 342 187 171 483 95 1,336 936 1,127
Fair value gains (losses), net 135 (2,589) 2,606 (1,919) (2,502) (207) (934) (1,190) (1,767) (4,833) 2,959
Fee and other income 225 259 556 308 323 826 383 4,355 1,348 5,887 3,930
Non-interest income (loss) 541 (2,031) 3,676 (1,269) (1,992) 790 (68) 3,260 917 1,990 8,016
Administrative expenses:                      
Salaries and employee benefits 320 317 331 351 340 337 319 325 1,319 1,321 1,218
Professional services 243 219 251 271 296 263 275 242 984 1,076 910
Occupancy expenses 53 43 43 43 59 47 47 50 182 203 189
Other administrative expenses 70 373 64 58 7 59 56 55 565 177 228
Total administrative expenses 686 952 689 723 702 706 697 672 3,050 2,777 2,545
Foreclosed property expense (income) 477 497 182 473 369 249 (214) (262) 1,629 142 (2,839)
TCCA fees 429 413 397 382 367 351 335 322 1,621 1,375 1,001
Other expenses (income), net 201 215 202 (5) 48 61 238 131      
Total expenses 1,793 2,077 1,470 1,573 1,486 1,367 1,056 863 6,913 4,772 802
Income before federal income taxes 3,570 3,030 6,850 2,758 2,130 5,692 5,419 7,909 16,208 21,150 38,567
Provision for federal income taxes (1,103) (1,070) (2,210) (870) (818) (1,787) (1,752) (2,584) (5,253) (6,941) 45,415
Net income 2,467 1,960 4,640 1,888 1,312 3,905 3,667 5,325 10,955 14,209 83,982
Less: Net income attributable to noncontrolling interest (1) 0 0 0 0 0 (1) 0 (1) (1) (19)
Net income attributable to Fannie Mae 2,466 1,960 4,640 1,888 1,312 3,905 3,666 5,325 10,954 14,208 83,963
Dividends distributed or available for distribution to senior preferred stockholder (2,859) (2,202) (4,359) (1,796) (1,920) (3,999) (3,712) (5,692) (11,216) (15,323) (85,419)
Net income (loss) attributable to common stockholders (Note 11) $ (393) $ (242) $ 281 $ 92 $ (608) $ (94) $ (46) $ (367) $ (262) $ (1,115) $ (1,456)
Earnings (loss) per share: Basic and Diluted (in dollars per share) $ (0.07) $ (0.04) $ 0.05 $ 0.02 $ (0.11) $ (0.02) $ (0.01) $ (0.06) $ (0.05) $ (0.19) $ (0.25)
Weighted average common shares outstanding: Basic 5,762 5,762 5,762 5,762              
Weighted-average common shares outstanding: Diluted 5,762 5,762 5,893 5,893              
Weighted-average common shares outstanding: Basic and Diluted         5,762 5,762 5,762 5,762 5,762 5,762 5,762