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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment results [Table Text Block]
 
For the Three Months Ended September 30,
 
2017
 
2016
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
 
(Dollars in millions)
Net interest income(1)
$
4,627

 
$
647

 
$
5,274

 
$
4,857

 
$
578

 
$
5,435

Fee and other income(2)
1,005

 
189

 
1,194

 
77

 
98

 
175

Net revenues
5,632

 
836

 
6,468

 
4,934

 
676

 
5,610

Investment gains, net(3)
286

 
27

 
313

 
399

 
68

 
467

Fair value gains (losses), net(4)
(300
)
 
11

 
(289
)
 
(499
)
 
8

 
(491
)
Administrative expenses
(580
)
 
(84
)
 
(664
)
 
(582
)
 
(79
)
 
(661
)
Credit-related income(5)
 
 
 
 
 
 
 
 
 
 
 
Benefit (provision) for credit losses
(137
)
 
(45
)
 
(182
)
 
646

 
27

 
673

Foreclosed property income (expense)
(157
)
 
17

 
(140
)
 
(114
)
 
4

 
(110
)
Total credit-related income (expense)
(294
)
 
(28
)
 
(322
)
 
532

 
31

 
563

TCCA fees(6)
(531
)
 

 
(531
)
 
(465
)
 

 
(465
)
Other expenses, net
(320
)
 
(107
)
 
(427
)
 
(275
)
 
(25
)
 
(300
)
Income before federal income taxes
3,893

 
655

 
4,548

 
4,044

 
679

 
4,723

Provision for federal income taxes
(1,361
)
 
(164
)
 
(1,525
)
 
(1,399
)
 
(128
)
 
(1,527
)
Net income
$
2,532

 
$
491

 
$
3,023

 
$
2,645

 
$
551

 
$
3,196


 
For the Nine Months Ended September 30,
 
2017
 
2016
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
 
(Dollars in millions)
Net interest income(1)
$
13,749

 
$
1,873

 
$
15,622

 
$
13,832

 
$
1,658

 
$
15,490

Fee and other income(2)
1,192

 
604

 
1,796

 
222

 
330

 
552

Net revenues
14,941

 
2,477

 
17,418

 
14,054

 
1,988

 
16,042

Investment gains, net(3)
557

 
132

 
689

 
735

 
199

 
934

Fair value gains (losses), net(4)
(997
)
 
(23
)
 
(1,020
)
 
(5,028
)
 
57

 
(4,971
)
Administrative expenses
(1,781
)
 
(253
)
 
(2,034
)
 
(1,788
)
 
(239
)
 
(2,027
)
Credit-related income(5)
 
 
 
 
 
 
 
 
 
 
 
Benefit (provision) for credit losses
1,518

 
(37
)
 
1,481

 
3,405

 
53

 
3,458

Foreclosed property income (expense)
(405
)
 
14

 
(391
)
 
(510
)
 
3

 
(507
)
Total credit-related income (expense)
1,113

 
(23
)
 
1,090

 
2,895

 
56

 
2,951

TCCA fees(6)
(1,552
)
 

 
(1,552
)
 
(1,358
)
 

 
(1,358
)
Other expenses, net
(731
)
 
(369
)
 
(1,100
)
 
(773
)
 
(45
)
 
(818
)
Income before federal income taxes
11,550

 
1,941

 
13,491

 
8,737

 
2,016

 
10,753

Provision for federal income taxes
(4,014
)
 
(481
)
 
(4,495
)
 
(3,042
)
 
(433
)
 
(3,475
)
Net income
$
7,536

 
$
1,460

 
$
8,996

 
$
5,695

 
$
1,583

 
$
7,278

__________
(1) 
Net interest income primarily consists of guaranty fees received as compensation for assuming and managing the credit risk on loans underlying Fannie Mae MBS held by third parties for the respective business segment, and the difference between the interest income earned on the respective business segment’s mortgage assets in our retained mortgage portfolio and the interest expense associated with the debt funding those assets. Revenues from single-family guaranty fees include revenues generated by the 10 basis point increase in guaranty fees we implemented in 2012 pursuant to TCCA.
(2) 
Single-Family fee and other income primarily consists of compensation for engaging in structured transactions and providing other lender services, and income resulting from settlement agreements resolving legal claims related to private-label securities we purchased or that we have guaranteed. Multifamily fee and other income consists of fees associated with multifamily business activities, including yield maintenance income.
(3) 
Investment gains and losses primarily consists of gains and losses on the sale of mortgage assets for the respective business segment.
(4) 
Single-Family fair value gains and losses primarily consist of fair value gains and losses on risk management and mortgage commitment derivatives, trading securities and other financial instruments associated with our single-family mortgage credit book of business. Multifamily fair value gains and losses primarily consist of fair value gains and losses on MBS commitment derivatives, trading securities and other financial instruments associated with our multifamily mortgage credit book of business.
(5) 
Credit-related income or expense is based on the guaranty book of business of the respective business segment and consists of the applicable segment’s benefit or provision for credit losses and foreclosed property expense on loans underlying the segment’s guaranty book of business.
(6) 
Consists of the portion of our single-family guaranty fees that is remitted to Treasury pursuant to the TCCA.