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Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2016
Receivables [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 September 30,
 
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
$
22,736

 
 
$
848

 
 
$
23,584

 
$
29,624

 
 
$
1,252

 
 
$
30,876

Provision (benefit) for loan losses(1)
(561
)
 
 
(48
)
 
 
(609
)
 
(1,722
)
 
 
330

 
 
(1,392
)
Charge-offs(2)(3)
(587
)
 
 
(17
)
 
 
(604
)
 
(748
)
 
 
(22
)
 
 
(770
)
Recoveries
108

 
 
27

 
 
135

 
161

 
 
3

 
 
164

Transfers(4)
113

 
 
(113
)
 
 
—

 
262

 
 
(262
)
 
 
—

Other(5)
10

 
 
—

 
 
10

 
(13
)
 
 
—

 
 
(13
)
Ending balance
$
21,819

 
 
$
697

 
 
$
22,516

 
$
27,564

 
 
$
1,301

 
 
$
28,865

Multifamily allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
57

 
 
$
158

 
 
$
215

 
$
100

 
 
$
174

 
 
$
274

Provision (benefit) for loan losses(1)
(22
)
 
 
(5
)
 
 
(27
)
 
(10
)
 
 
8

 
 
(2
)
Charge-offs(2)(3)
(2
)
 
 
(2
)
 
 
(4
)
 
(5
)
 
 
(2
)
 
 
(7
)
Recoveries
6

 
 
—

 
 
6

 
4

 
 
—

 
 
4

Transfers(4)
—

 
 
—

 
 
—

 
1

 
 
(1
)
 
 
—

Other(5)
—

 
 
—

 
 
—

 
1

 
 
—

 
 
1

Ending balance
$
39

 
 
$
151

 
 
$
190

 
$
91

 
 
$
179

 
 
$
270

Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
22,793

 
 
$
1,006

 
 
$
23,799

 
$
29,724

 
 
$
1,426

 
 
$
31,150

Provision (benefit) for loan losses(1)
(583
)
 
 
(53
)
 
 
(636
)
 
(1,732
)
 
 
338

 
 
(1,394
)
Charge-offs(2)(3)
(589
)
 
 
(19
)
 
 
(608
)
 
(753
)
 
 
(24
)
 
 
(777
)
Recoveries
114

 
 
27

 
 
141

 
165

 
 
3

 
 
168

Transfers(4)
113

 
 
(113
)
 
 
—

 
263

 
 
(263
)
 
 
—

Other(5)
10

 
 
—

 
 
10

 
(12
)
 
 
—

 
 
(12
)
Ending balance
$
21,858

 
 
$
848

 
 
$
22,706

 
$
27,655

 
 
$
1,480

 
 
$
29,135


 
For the Nine Months Ended September 30,
 
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)
(2,979
)
 
 
22

 
 
(2,957
)
 
(249
)
 
 
(44
)
 
 
(293
)
Charge-offs(2)(3)
(2,629
)
 
 
(72
)
 
 
(2,701
)
 
(8,108
)
 
 
(64
)
 
 
(8,172
)
Recoveries
339

 
 
30

 
 
369

 
1,032

 
 
15

 
 
1,047

Transfers(4)
553

 
 
(553
)
 
 
—

 
877

 
 
(877
)
 
 
—

Other(5)
96

 
 
—

 
 
96

 
1,056

 
 
50

 
 
1,106

Ending balance
$
21,819

 
 
$
697

 
 
$
22,516

 
$
27,564

 
 
$
1,301

 
 
$
28,865

Multifamily allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
71

 
 
$
171

 
 
$
242

 
$
161

 
 
$
203

 
 
$
364

Benefit for loan losses(1)
(33
)
 
 
(14
)
 
 
(47
)
 
(41
)
 
 
(23
)
 
 
(64
)
Charge-offs(2)(3)
(10
)
 
 
(2
)
 
 
(12
)
 
(39
)
 
 
(2
)
 
 
(41
)
Recoveries
7

 
 
—

 
 
7

 
4

 
 
—

 
 
4

Transfers(4)
4

 
 
(4
)
 
 
—

 
1

 
 
(1
)
 
 
—

Other(5)
—

 
 
—

 
 
—

 
5

 
 
2

 
 
7

Ending balance
$
39

 
 
$
151

 
 
$
190

 
$
91

 
 
$
179

 
 
$
270

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)
(3,012
)
 
 
8

 
 
(3,004
)
 
(290
)
 
 
(67
)
 
 
(357
)
Charge-offs(2)(3)
(2,639
)
 
 
(74
)
 
 
(2,713
)
 
(8,147
)
 
 
(66
)
 
 
(8,213
)
Recoveries
346

 
 
30

 
 
376

 
1,036

 
 
15

 
 
1,051

Transfers(4)
557

 
 
(557
)
 
 
—

 
878

 
 
(878
)
 
 
—

Other(5)
96

 
 
—

 
 
96

 
1,061

 
 
52

 
 
1,113

Ending balance
$
21,858

 
 
$
848

 
 
$
22,706

 
$
27,655

 
 
$
1,480

 
 
$
29,135


__________
(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 include the 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 carrying value of our mortgage loans.
 
As of
 
September 30, 2016
 
December 31, 2015
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
(Dollars in millions)
Single-family
 
$
221,384

 
 
 
$
2,586,398

 
 
 
$
2,807,782

 
 
 
$
238,237

 
 
 
$
2,574,174

 
 
 
$
2,812,411

 
Multifamily
 
10,678

 
 
 
211,182

 
 
 
221,860

 
 
 
13,099

 
 
 
185,243

 
 
 
198,342

 
Total unpaid principal balance of mortgage loans
 
232,062

 
 
 
2,797,580

 
 
 
3,029,642

 
 
 
251,336

 
 
 
2,759,417

 
 
 
3,010,753

 
Cost basis and fair value adjustments, net
 
(11,707
)
 
 
 
53,732

 
 
 
42,025

 
 
 
(12,939
)
 
 
 
49,781

 
 
 
36,842

 
Allowance for loan losses for loans held for investment
 
(21,858
)
 
 
 
(848
)
 
 
 
(22,706
)
 
 
 
(26,510
)
 
 
 
(1,441
)
 
 
 
(27,951
)
 
Total mortgage loans
 
$
198,497

 
 
 
$
2,850,464

 
 
 
$
3,048,961

 
 
 
$
211,887

 
 
 
$
2,807,757

 
 
 
$
3,019,644

 
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
  
September 30, 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)
$
21,285

 
 
$
41

 
 
$
21,326

 
$
25,437

 
 
$
80

 
 
$
25,517

Collectively reserved loans
1,231

 
 
149

 
 
1,380

 
2,272

 
 
162

 
 
2,434

Total allowance for loan losses
$
22,516

 
 
$
190

 
 
$
22,706

 
$
27,709

 
 
$
242

 
 
$
27,951

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
160,307

 
 
$
766

 
 
$
161,073

 
$
171,161

 
 
$
1,008

 
 
$
172,169

Collectively reserved loans
2,678,498

 
 
223,339

 
 
2,901,837

 
2,664,377

 
 
199,166

 
 
2,863,543

Total recorded investment in loans
$
2,838,805

 
 
$
224,105

 
 
$
3,062,910

 
$
2,835,538

 
 
$
200,174

 
 
$
3,035,712

__________
(1) 
Includes acquired credit-impaired loans.