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Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment results [Table Text Block]
The following table displays our segment results.
 
For the Three Months Ended March 31,
 
2018
 
2017
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
 
(Dollars in millions)
Net interest income(1)
$
4,561

 
$
671

 
$
5,232

 
$
4,756

 
$
590

 
$
5,346

Fee and other income(2)
158

 
162

 
320

 
76

 
173

 
249

Net revenues
4,719

 
833

 
5,552

 
4,832

 
763

 
5,595

Investment gains (losses), net(3)
242

 
8

 
250

 
(50
)
 
41

 
(9
)
Fair value gains (losses), net(4)
1,034

 
11

 
1,045

 
(12
)
 
(28
)
 
(40
)
Administrative expenses
(643
)
 
(107
)
 
(750
)
 
(601
)
 
(83
)
 
(684
)
Credit-related income (expense)(5)
 
 
 
 
 
 
 
 
 
 
 
Benefit (provision) for credit losses
196

 
21

 
217

 
400

 
(4
)
 
396

Foreclosed property expense
(162
)
 
—

 
(162
)
 
(216
)
 
(1
)
 
(217
)
Total credit-related income (expense)
34

 
21

 
55

 
184

 
(5
)
 
179

TCCA fees(6)
(557
)
 
—

 
(557
)
 
(503
)
 
—

 
(503
)
Other expenses, net
(132
)
 
(71
)
 
(203
)
 
(256
)
 
(126
)
 
(382
)
Income before federal income taxes
4,697

 
695

 
5,392

 
3,594

 
562

 
4,156

Provision for federal income taxes
(1,016
)
 
(115
)
 
(1,131
)
 
(1,252
)
 
(131
)
 
(1,383
)
Net income
$
3,681

 
$
580

 
$
4,261

 
$
2,342

 
$
431

 
$
2,773


__________
(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 certain claims relating 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 total 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 total 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.