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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, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:                      
Trading securities $ 128 $ 140 $ 128 $ 120 $ 114 $ 99 $ 116 $ 115 $ 516 $ 444 $ 553
Available-for-sale securities 113 134 170 203 225 261 294 376 620 1,156 1,622
Mortgage loans interest income 25,814 25,611 26,256 26,961 26,993 26,980 26,682 27,044 104,642 107,699 112,120
Other 83 66 46 48 39 37 34 33 243 143 110
Total interest income 26,138 25,951 26,600 27,332 27,371 27,377 27,126 27,568 106,021 109,442 114,405
Interest expense:                      
Short-term debt interest expense 42 56 57 51 47 37 33 29 206 146 94
Long-term debt interest expense 20,291 20,460 21,257 22,512 22,247 21,752 21,416 22,472 84,520 87,887 94,343
Total interest expense 20,333 20,516 21,314 22,563 22,294 21,789 21,449 22,501 84,726 88,033 94,437
Net interest income 5,805 5,435 5,286 4,769 5,077 5,588 5,677 5,067 21,295 21,409 19,968
Benefit (provision) for credit losses (1,303) 673 1,601 1,184 (255) 1,550 (1,033) 533 2,155 795 3,964
Net interest income after benefit (provision) for credit losses 4,502 6,108 6,887 5,953 4,822 7,138 4,644 5,600 23,450 22,204 23,932
Investment gains, net 322 467 398 69 181 299 514 342 1,256 1,336 936
Fair value gains (losses), net 3,890 (491) (1,667) (2,813) 135 (2,589) 2,606 (1,919) (1,081) (1,767) (4,833)
Fee and other income 414 175 174 203 225 259 556 308 966 1,348 5,887
Non-interest income (loss) 4,626 151 (1,095) (2,541) 541 (2,031) 3,676 (1,269) 1,141 917 1,990
Administrative expenses:                      
Salaries and employee benefits 319 322 331 364 320 317 331 351 1,336 1,319 1,321
Professional services 271 237 232 215 243 219 251 271 955 984 1,076
Occupancy expenses 50 45 46 45 53 43 43 43 186 182 203
Other administrative expenses 74 57 69 64 70 373 64 58 264 565 177
Total administrative expenses 714 661 678 688 686 952 689 723 2,741 3,050 2,777
Foreclosed property expense 137 110 63 334 477 497 182 473 644 1,629 142
TCCA fees 487 465 453 440 429 413 397 382 1,845 1,621 1,375
Other expenses, net 210 300 254 264 201 215 202 (5) 1,028 613 478
Total expenses 1,548 1,536 1,448 1,726 1,793 2,077 1,470 1,573 6,258 6,913 4,772
Income before federal income taxes 7,580 4,723 4,344 1,686 3,570 3,030 6,850 2,758 18,333 16,208 21,150
Provision for federal income taxes (2,545) (1,527) (1,398) (550) (1,103) (1,070) (2,210) (870) (6,020) (5,253) (6,941)
Net income         2,467 1,960 4,640 1,888 12,313 10,955 14,209
Less: Net income attributable to noncontrolling interest         (1) 0 0 0 0 (1) (1)
Net income attributable to Fannie Mae 5,035 3,196 2,946 1,136 2,466 1,960 4,640 1,888 12,313 10,954 14,208
Dividends distributed or available for distribution to senior preferred stockholder (5,471) (2,977) (2,869) (919) (2,859) (2,202) (4,359) (1,796) (12,236) (11,216) (15,323)
Net income (loss) attributable to common stockholders (Note 11) $ (436) $ 219 $ 77 $ 217 $ (393) $ (242) $ 281 $ 92 $ 77 $ (262) $ (1,115)
Earnings (loss) per share: Basic $ (0.08) $ 0.04 $ 0.01 $ 0.04 $ (0.07) $ (0.04) $ 0.05 $ 0.02 $ 0.01 $ (0.05) $ (0.19)
Earnings (loss) per share: Diluted $ (0.08) $ 0.04 $ 0.01 $ 0.04 $ (0.07) $ (0.04) $ 0.05 $ 0.02 $ 0.01 $ (0.05) $ (0.19)
Weighted-average common shares outstanding: Basic 5,762 5,762 5,762 5,762 5,762 5,762 5,762 5,762 5,762 5,762 5,762
Weighted-average common shares outstanding: Diluted 5,762 5,893 5,893 5,893 5,762 5,762 5,893 5,893 5,893 5,762 5,762