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Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 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 September 30,
 
 
For the Nine Months Ended September 30,
 
 
2019
 
2018
 
 
2019
 
2018
 
 
(Dollars in millions)
Single-family allowance for loan losses:
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
(11,210
)
 
$
(16,602
)
 
 
$
(13,969
)
 
$
(18,849
)
Benefit (provision) for loan losses(1)
 
1,826

 
724

 
 
3,712

 
1,916

Charge-offs
 
270

 
509

 
 
1,209

 
1,705

Recoveries
 
(8
)
 
(65
)
 
 
(68
)
 
(189
)
Other
 
—

 
(2
)
 
 
(6
)
 
(19
)
Ending balance
 
$
(9,122
)
 
$
(15,436
)
 
 
$
(9,122
)
 
$
(15,436
)
Multifamily allowance for loan losses:
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
(272
)
 
$
(210
)
 
 
$
(234
)
 
$
(235
)
Benefit (provision) for loan losses(1)
 
17

 
(14
)
 
 
(23
)
 
6

Charge-offs
 
2

 
—

 
 
6

 
5

Recoveries
 
(1
)
 
(3
)
 
 
(3
)
 
(3
)
Ending balance
 
$
(254
)
 
$
(227
)
 
 
$
(254
)
 
$
(227
)
Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
(11,482
)
 
$
(16,812
)
 
 
$
(14,203
)
 
$
(19,084
)
Benefit (provision) for loan losses(1)
 
1,843

 
710

 
 
3,689

 
1,922

Charge-offs
 
272

 
509

 
 
1,215

 
1,710

Recoveries
 
(9
)
 
(68
)
 
 
(71
)
 
(192
)
Other
 
—

 
(2
)
 
 
(6
)
 
(19
)
Ending balance
 
$
(9,376
)
 
$
(15,663
)
 
 
$
(9,376
)
 
$
(15,663
)

(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
 
 
September 30, 2019
 
December 31, 2018
 
 
(Dollars in millions)
Single-family
 
$
2,962,083

 
$
2,929,925

Multifamily
 
318,106

 
293,858

Total unpaid principal balance of mortgage loans
 
3,280,189

 
3,223,783

Cost basis and fair value adjustments, net
 
43,323

 
39,815

Allowance for loan losses for loans held for investment
 
(9,376
)
 
(14,203
)
Total mortgage loans
 
$
3,314,136

 
$
3,249,395


The following table displays information about our redesignated mortgage loans.
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
 
 
2019
 
2018
 
2019
 
2018
 
(Dollars in millions)
Carrying value of loans redesignated from HFI to HFS(1)
$
4,882

 
$
4,249

 
$
14,252

 
$
17,851

Carrying value of loans redesignated from HFS to HFI(1)
10

 
6

 
22

 
36

Loans sold - unpaid principal balance
3,941

 
9,373

 
10,497

 
13,831

Realized gains on sale of mortgage loans
184

 
93

 
504

 
301


(1) 
Represents the carrying value of the loans after redesignation, excluding allowance.
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
 
 
September 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)
 
$
(8,507
)
 
$
(45
)
 
$
(8,552
)
 
$
(13,255
)
 
$
(40
)
 
$
(13,295
)
Collectively reserved loans
 
(615
)
 
(209
)
 
(824
)
 
(714
)
 
(194
)
 
(908
)
Total allowance for loan losses
 
$
(9,122
)
 
$
(254
)
 
$
(9,376
)
 
$
(13,969
)
 
$
(234
)
 
$
(14,203
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
 
$
100,991

 
$
652

 
$
101,643

 
$
117,561

 
$
542

 
$
118,103

Collectively reserved loans
 
2,889,510

 
320,545

 
3,210,055

 
2,841,943

 
295,122

 
3,137,065

Total recorded investment in loans
 
$
2,990,501

 
$
321,197

 
$
3,311,698

 
$
2,959,504

 
$
295,664

 
$
3,255,168


(1) 
Includes acquired credit-impaired loans.