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Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2019
Receivables [Abstract]  
Allowance for Loan Losses Rollforward by Segment [Table Text Block]
The following table displays changes in single-family, multifamily and total allowance for loan losses.
 
 
For the Three Months Ended June 30,
 
 
For the Six Months Ended June 30,
 
 
2019
 
2018
 
 
2019
 
2018
 
 
(Dollars in millions)
Single-family allowance for loan losses:
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
(12,985
)
 
$
(18,523
)
 
 
$
(13,969
)
 
$
(18,849
)
Benefit (provision) for loan losses(1)
 
1,239

 
1,270

 
 
1,886

 
1,192

Charge-offs
 
558

 
731

 
 
939

 
1,196

Recoveries
 
(15
)
 
(64
)
 
 
(60
)
 
(124
)
Other
 
(7
)
 
(16
)
 
 
(6
)
 
(17
)
Ending balance
 
$
(11,210
)
 
$
(16,602
)
 
 
$
(11,210
)
 
$
(16,602
)
Multifamily allowance for loan losses:
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
(247
)
 
$
(211
)
 
 
$
(234
)
 
$
(235
)
Benefit (provision) for loan losses(1)
 
(27
)
 
—

 
 
(40
)
 
20

Charge-offs
 
4

 
1

 
 
4

 
5

Recoveries
 
(2
)
 
—

 
 
(2
)
 
—

Ending balance
 
$
(272
)
 
$
(210
)
 
 
$
(272
)
 
$
(210
)
Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
(13,232
)
 
$
(18,734
)
 
 
$
(14,203
)
 
$
(19,084
)
Benefit (provision) for loan losses(1)
 
1,212

 
1,270

 
 
1,846

 
1,212

Charge-offs
 
562

 
732

 
 
943

 
1,201

Recoveries
 
(17
)
 
(64
)
 
 
(62
)
 
(124
)
Other
 
(7
)
 
(16
)
 
 
(6
)
 
(17
)
Ending balance
 
$
(11,482
)
 
$
(16,812
)
 
 
$
(11,482
)
 
$
(16,812
)

(1) 
Benefit (provision) for loan losses is included in “Benefit for credit losses” in our condensed consolidated statements of operations and comprehensive income.
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
 
 
June 30, 2019
 
December 31, 2018
 
 
(Dollars in millions)
Single-family
 
$
2,932,553

 
$
2,929,925

Multifamily
 
310,899

 
293,858

Total unpaid principal balance of mortgage loans
 
3,243,452

 
3,223,783

Cost basis and fair value adjustments, net
 
41,262

 
39,815

Allowance for loan losses for loans held for investment
 
(11,482
)
 
(14,203
)
Total mortgage loans
 
$
3,273,232

 
$
3,249,395


The following table displays information about our redesignated mortgage loans.
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
 
 
2019
 
2018
 
2019
 
2018
 
(Dollars in millions)
Carrying value of loans redesignated from HFI to HFS(1)
$
6,759

 
$
6,235

 
$
9,370

 
$
13,602

Carrying value of loans redesignated from HFS to HFI(1)
3

 
12

 
12

 
30

Loans sold - unpaid principal balance
6,498

 
3,710

 
6,556

 
4,458

Realized gains on sale of mortgage loans
284

 
210

 
320

 
208


The following table displays the allowance for loan losses and recorded investment in our HFI loans by impairment or allowance methodology and portfolio segment, excluding loans for which we have elected the fair value option.
 
 
As of
 
 
June 30, 2019
 
December 31, 2018
 
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
 
 
(Dollars in millions)
Allowance for loan losses by segment:
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
 
$
(10,572
)
 
$
(55
)
 
$
(10,627
)
 
$
(13,255
)
 
$
(40
)
 
$
(13,295
)
Collectively reserved loans
 
(638
)
 
(217
)
 
(855
)
 
(714
)
 
(194
)
 
(908
)
Total allowance for loan losses
 
$
(11,210
)
 
$
(272
)
 
$
(11,482
)
 
$
(13,969
)
 
$
(234
)
 
$
(14,203
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
 
$
107,354

 
$
776

 
$
108,130

 
$
117,561

 
$
542

 
$
118,103

Collectively reserved loans
 
2,852,896

 
312,769

 
3,165,665

 
2,841,943

 
295,122

 
3,137,065

Total recorded investment in loans
 
$
2,960,250

 
$
313,545

 
$
3,273,795

 
$
2,959,504

 
$
295,664

 
$
3,255,168


(1) 
Includes acquired credit-impaired loans.