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Allowance for Loan Losses (Tables)
3 Months Ended
Mar. 31, 2016
Loans and Leases Receivable, Allowance [Abstract]  
Allowance for Loan Losses Rollforward by Segment [Table Text Block]
The following table displays changes in single-family, multifamily and total allowance for loan losses.
 
For the Three Months Ended March 31,
 
2016
 
2015
 
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
$
26,439

 
 
$
1,270

 
 
$
27,709

 
$
32,956

 
 
$
2,221

 
 
$
35,177

Provision (benefit) for loan losses(1)
(1,126
)
 
 
110

 
 
(1,016
)
 
205

 
 
(147
)
 
 
58

Charge-offs(2)(3)
(1,253
)
 
 
(26
)
 
 
(1,279
)
 
(5,328
)
 
 
(19
)
 
 
(5,347
)
Recoveries
117

 
 
2

 
 
119

 
614

 
 
8

 
 
622

Transfers(4)
249

 
 
(249
)
 
 

 
359

 
 
(359
)
 
 

Other(5)
64

 
 

 
 
64

 
953

 
 
51

 
 
1,004

Ending balance
$
24,490

 
 
$
1,107

 
 
$
25,597

 
$
29,759

 
 
$
1,755

 
 
$
31,514

Multifamily allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
71

 
 
$
171

 
 
$
242

 
$
161

 
 
$
203

 
 
$
364

Benefit for loan losses(1)
(3
)
 
 
(13
)
 
 
(16
)
 
(37
)
 
 
(13
)
 
 
(50
)
Charge-offs(2)(3)
(5
)
 
 

 
 
(5
)
 
(15
)
 
 

 
 
(15
)
Recoveries
1

 
 

 
 
1

 

 
 

 
 

Transfers(4)
3

 
 
(3
)
 
 

 

 
 

 
 

Other(5)

 
 

 
 

 
5

 
 
2

 
 
7

Ending balance
$
67

 
 
$
155

 
 
$
222

 
$
114

 
 
$
192

 
 
$
306

Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
26,510

 
 
$
1,441

 
 
$
27,951

 
$
33,117

 
 
$
2,424

 
 
$
35,541

Provision (benefit) for loan losses(1)
(1,129
)
 
 
97

 
 
(1,032
)
 
168

 
 
(160
)
 
 
8

Charge-offs(2)(3)
(1,258
)
 
 
(26
)
 
 
(1,284
)
 
(5,343
)
 
 
(19
)
 
 
(5,362
)
Recoveries
118

 
 
2

 
 
120

 
614

 
 
8

 
 
622

Transfers(4)
252

 
 
(252
)
 
 

 
359

 
 
(359
)
 
 

Other(5)
64

 
 

 
 
64

 
958

 
 
53

 
 
1,011

Ending balance
$
24,557

 
 
$
1,262

 
 
$
25,819

 
$
29,873

 
 
$
1,947

 
 
$
31,820


__________
(1) 
Provision (benefit) for loan losses is included in “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) 
Our charge-offs for 2015 reflect initial charge-offs associated with our approach to adopting the charge-off provisions of Advisory Bulletin AB 2012-02, “Framework for Adversely Classifying Loans, Other Real Estate Owned, and Other Assets and Listing Assets for Special Mention,” as well as charge-offs relating to a change in accounting policy for nonaccrual loans.
(4) 
Includes transfers from trusts for delinquent loan purchases.
(5) 
Amounts represent changes in other loss reserves which are reflected in provision (benefit) for loan losses, charge-offs, and recoveries.
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
  
March 31, 2016
 
December 31, 2015
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
 
(Dollars in millions)
Allowance for loan losses by segment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
23,723

 
 
$
71

 
 
$
23,794

 
$
25,437

 
 
$
80

 
 
$
25,517

Collectively reserved loans
1,874

 
 
151

 
 
2,025

 
2,272

 
 
162

 
 
2,434

Total allowance for loan losses
$
25,597

 
 
$
222

 
 
$
25,819

 
$
27,709

 
 
$
242

 
 
$
27,951

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
168,284

 
 
$
922

 
 
$
169,206

 
$
171,161

 
 
$
1,008

 
 
$
172,169

Collectively reserved loans
2,663,977

 
 
207,034

 
 
2,871,011

 
2,664,377

 
 
199,166

 
 
2,863,543

Total recorded investment in loans
$
2,832,261

 
 
$
207,956

 
 
$
3,040,217

 
$
2,835,538

 
 
$
200,174

 
 
$
3,035,712

__________
(1) 
Includes acquired credit-impaired loans.