Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest income:
Trading securities	$ 142	$ 120
Available-for-sale securities	101	203
Mortgage loans (includes $24,954 and $24,626, respectively, related to consolidated trusts)	27,047	26,961
Other	94	48
Total interest income	27,384	27,332
Interest expense:
Short-term debt	44	51
Long-term debt (includes $20,308 and $20,658, respectively, related to consolidated trusts)	21,994	22,512
Total interest expense	22,038	22,563
Net interest income	5,346	4,769
Benefit for credit losses	396	1,184
Net interest income after benefit for credit losses	5,742	5,953
Non-interest income (loss):
Investment gains (losses), net	(9)	69
Fair value losses, net	(40)	(2,813)
Fee and other income	249	203
Non-interest income (loss)	200	(2,541)
Administrative expenses:
Salaries and employee benefits	344	364
Professional services	229	215
Occupancy expenses	46	45
Other administrative expenses	65	64
Total administrative expenses	684	688
Foreclosed property expense	217	334
Temporary Payroll Tax Cut Continuation Act of 2011 (“TCCA”) fees	503	440
Other expenses, net	382	264
Total expenses	1,786	1,726
Income before federal income taxes	4,156	1,686
Provision for federal income taxes	(1,383)	(550)
Net income	2,773	1,136
Other comprehensive income (loss):
Changes in unrealized gains on available-for-sale securities, net of reclassification adjustments and taxes	8	(198)
Other	(2)	(2)
Total other comprehensive income (loss)	6	(200)
Total comprehensive income	2,779	936
Net income	2,773	1,136
Dividends distributed or available for distribution to senior preferred stockholder (Note 9)	(2,779)	(919)
Net income (loss) attributable to common stockholders (Note 9)	$ (6)	$ 217
Earnings (loss) per share, Basic	$ 0.00	$ 0.04
Earnings (loss) per share, Diluted	$ 0.00	$ 0.04
Weighted-average common shares outstanding, Basic	5,762	5,762
Weighted-average common shares outstanding, Diluted	5,762	5,893