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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment results [Table Text Block]
 
For the Year Ended December 31, 2015
 
Business Segments
 
 
 
 
 
 
 
 
Single-Family
 
Multifamily
 
Capital Markets
 
Reconciling Items(1)
 
Total
 
 
(Dollars in millions)
 
Net interest income (loss)
$
184

 
 
$
(92
)
 
 
$
5,828

 
 
$
15,489

(2) 

$
21,409

 
Benefit for credit losses
688

 
 
107

 
 
—

 
 
—

 
 
795

 
Net interest income after benefit for credit losses
872

 
 
15

 
 
5,828

 
 
15,489

 
 
22,204

 
Guaranty fee income (expense)(3)
12,476

 
 
1,439

 
 
(863
)
 
 
(12,924
)
(4) 

128

(4) 
Investment gains (losses), net
(2
)
 
 
33

 
 
5,539

 
 
(4,234
)
(5) 

1,336

 
Fair value gains (losses), net
(11
)
 
 
—

 
 
(2,049
)
 
 
293

(6) 

(1,767
)
 
Debt extinguishment gains (losses), net(7)
—

 
 
—

 
 
(37
)
 
 
45

 
 
8

 
Gains (losses) from partnership investments(7)
(39
)
 
 
282

 
 
—

 
 
1

 
 
244

 
Fee and other income
666

 
 
265

 
 
209

 
 
80

 
 
1,220

 
Administrative expenses
(2,053
)
 
 
(361
)
 
 
(636
)
 
 
—

 
 
(3,050
)
 
Foreclosed property income (expense)
(1,723
)
 
 
94

 
 
—

 
 
—

 
 
(1,629
)
 
TCCA fees(3)
(1,621
)
 
 
—

 
 
—

 
 
—

 
 
(1,621
)
 
Other income (expense)
(942
)
 
 
(13
)
 
 
8

 
 
82

 
 
(865
)
 
Income before federal income taxes
7,623

 
 
1,754

 
 
7,999

 
 
(1,168
)
 
 
16,208

 
Provision for federal income taxes
(2,491
)
 
 
(247
)
 
 
(2,515
)
 
 
—

 
 
(5,253
)
 
Net income
5,132

 
 
1,507

 
 
5,484

 
 
(1,168
)
 
 
10,955

 
Less: Net income attributable to noncontrolling interest
—

 
 
—

 
 
—

 
 
(1
)
(8) 
 
(1
)
 
Net income attributable to Fannie Mae
$
5,132

 
 
$
1,507

 
 
$
5,484

 
 
$
(1,169
)
 
 
$
10,954

 

 
For the Year Ended December 31, 2014
 
Business Segments
 
 
 
 
 
 
 
 
 
Single-Family
 
Multifamily
 
Capital Markets
 
 
Reconciling Items(1)
 
Total
 
 
(Dollars in millions)
 
Net interest income (loss)
$
6

 
 
$
(79
)
 
 
$
7,243

 
 
 
$
12,798

(2) 
 
$
19,968

 
Benefit for credit losses
3,850

 
 
114

 
 
—

 
 
 
—

 
 
3,964

 
Net interest income after benefit for credit losses
3,856

 
 
35

 
 
7,243

 
 
 
12,798

 
 
23,932

 
Guaranty fee income (expense)(3)
11,702

 
 
1,297

 
 
(955
)
 
 
 
(11,869
)
(4) 
 
175

(4) 
Investment gains (losses), net
(1
)
 
 
57

 
 
6,378

 
 
 
(5,498
)
(5) 
 
936

 
Fair value gains (losses), net
(19
)
 
 
—

 
 
(5,476
)
 
 
 
662

(6) 
 
(4,833
)
 
Debt extinguishment gains, net(7)
—

 
 
—

 
 
35

 
 
 
31

 
 
66

 
Gains (losses) from partnership investments(7)
(31
)
 
 
299

 
 
—

 
 
 
1

 
 
269

 
Fee and other income
624

 
 
166

 
 
4,894

 
 
 
28

 
 
5,712

 
Administrative expenses
(1,830
)
 
 
(306
)
 
 
(641
)
 
 
 
—

 
 
(2,777
)
 
Foreclosed property income (expense)
(225
)
 
 
83

 
 
—

 
 
 
—

 
 
(142
)
 
TCCA fees(3)
(1,375
)
 
 
—

 
 
—

 
 
 
—

 
 
(1,375
)
 
Other income (expense)
(726
)
 
 
(10
)
 
 
(77
)
 
 
 
—

 
 
(813
)
 
Income before federal income taxes
11,975

 
 
1,621

 
 
11,401

 
 
 
(3,847
)
 
 
21,150

 
Provision for federal income taxes
(3,496
)
 
 
(158
)
 
 
(3,287
)
 
 
 
—

 
 
(6,941
)
 
Net income
8,479

 
 
1,463

 
 
8,114

 
 
 
(3,847
)
 
 
14,209

 
Less: Net income attributable to noncontrolling interest
—

 
 
—

 
 
—

 
 
 
(1
)
(8) 
 
(1
)
 
Net income attributable to Fannie Mae
$
8,479

 
 
$
1,463

 
 
$
8,114

 
  
 
$
(3,848
)
 
  
$
14,208

 

 
For the Year Ended December 31, 2013
 
Business Segments
 
 
 
 
 
 
 
 
 
Single-Family
 
Multifamily
 
Capital Markets
 
 
Reconciling Items(1)
 
Total
 
 
(Dollars in millions)
 
Net interest income (loss)
$
205

 
 
$
(74
)
 
 
$
9,764

 
 
 
$
12,509

(2) 
 
$
22,404

 
Benefit for credit losses
8,469

 
 
480

 
 
—

 
 
 
—

 
 
8,949

 
Net interest income after benefit for credit losses
8,674

 
 
406

 
 
9,764

 
 
 
12,509

 
 
31,353

 
Guaranty fee income (expense)(3)
10,468

 
 
1,217

 
 
(1,115
)
 
 
 
(10,365
)
(4) 
 
205

(4) 
Investment gains (losses), net
3

 
 
21

 
 
4,847

 
 
 
(3,744
)
(5) 
 
1,127

 
Fair value gains (losses), net
(10
)
 
 
—

 
 
3,148

 
 
 
(179
)
(6) 
 
2,959

 
Debt extinguishment gains, net(7)
—

 
 
—

 
 
27

 
 
 
104

 
 
131

 
Gains from partnership investments(7)
—

 
 
498

 
 
—

 
 
 
19

 
 
517

 
Fee and other income (expense)
630

 
 
182

 
 
3,010

 
 
 
(97
)
 
 
3,725

 
Administrative expenses
(1,706
)
 
 
(280
)
 
 
(559
)
 
 
 
—

 
 
(2,545
)
 
Foreclosed property income
2,736

 
 
103

 
 
—

 
 
 
—

 
 
2,839

 
TCCA fees(3)
(1,001
)
 
 
—

 
 
—

 
 
 
—

 
 
(1,001
)
 
Other income (expense)
(628
)
 
 
(2
)
 
 
20

 
 
 
(133
)
 
 
(743
)
 
Income before federal income taxes
19,166

 
 
2,145

 
 
19,142

 
 
 
(1,886
)
 
 
38,567

 
Benefit for federal income taxes(9)
29,110

 
 
7,924

 
 
8,381

 
 
 
—

 
 
45,415

 
Net income
48,276

 
 
10,069

 
 
27,523

 
 
 
(1,886
)
 
 
83,982

 
Less: Net loss attributable to noncontrolling interest
—

 
 
—

 
 
—

 
 
 
(19
)
(8) 
 
(19
)
 
Net income attributable to Fannie Mae
$
48,276

 
 
$
10,069

 
 
$
27,523

 
 
 
$
(1,905
)
 
 
$
83,963

 
__________
(1) 
Represents activity related to the assets and liabilities of consolidated trusts in our consolidated balance sheets, and the elimination of intercompany transactions occurring between the three business segments and our consolidated trusts, as well as other adjustments to reconcile to our consolidated results.
(2) 
Represents net interest income of consolidated trusts and amortization expense of cost basis adjustments on securities in the Capital Markets group’s mortgage portfolio that on a GAAP basis are eliminated.
(3) 
Reflects the impact of a 10 basis point guaranty fee increase implemented in 2012 pursuant to the TCCA, the incremental revenue from which is remitted to Treasury. The resulting revenue is included in guaranty fee income and the expense is recognized as “TCCA fees.”
(4) 
Represents the guaranty fees paid from consolidated trusts to the Single-Family and Multifamily segments and the elimination of the amortization of deferred cash fees related to consolidated trusts that were re-established for segment reporting. Total guaranty fee income related to unconsolidated Fannie Mae MBS trusts and other credit enhancement arrangements is included in fee and other income in our consolidated statements of operations and comprehensive income.
(5) 
Primarily represents the removal of realized gains and losses on sales of Fannie Mae MBS classified as available-for-sale securities that are issued by consolidated trusts and in the Capital Markets group’s mortgage portfolio. The adjustment also includes the removal of securitization gains (losses) recognized in the Capital Markets segment relating to portfolio securitization transactions that do not qualify for sale accounting under GAAP.
(6) 
Represents the removal of fair value adjustments on consolidated Fannie Mae MBS classified as trading that are in the Capital Markets group’s mortgage portfolio.
(7) 
Debt extinguishment gains, net and gains (losses) from partnership investments are included in other expenses in our consolidated statements of operations and comprehensive income.
(8) 
Represents the adjustment from equity method accounting to consolidation accounting for partnership investments that are consolidated in our consolidated balance sheets.
(9) 
Primarily represents the release of the valuation allowance for our deferred tax assets that generally are directly attributable to each segment based on the nature of the item.
Total assets by segment [Table Text Block]
The following table displays total assets by segment.
 
As of December 31,
 
2015
 
2014
 
2013
 
(Dollars in millions)
Single-Family
$
34,911

 
$
43,512

 
$
41,206

Multifamily
9,947

 
9,281

 
10,848

Capital Markets
432,689

 
510,848

 
596,436

Reconciling items(1)
2,744,370

 
2,684,535

 
2,621,618

Total assets
$
3,221,917

 
$
3,248,176

 
$
3,270,108

__________
(1) 
Includes assets of consolidated trusts of $2.8 trillion as of December 31, 2015, 2014 and 2013. Includes the elimination of Fannie Mae MBS in the Capital Markets group’s mortgage portfolio that are issued by consolidated trusts. Also includes the elimination of the allowance for loan losses and fair value losses previously recognized on acquired credit impaired loans as they are not treated as assets for Single-Family and Multifamily segment reporting purposes because these allowances and losses relate to loan assets that are held by the Capital Markets segment and consolidated trusts.