Quarterly report pursuant to Section 13 or 15(d)

Representations and Warranties Obligations and Corporate Guarantees (Details 1)

 v2.3.0.11
Representations and Warranties Obligations and Corporate Guarantees (Details 1) (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Liability for representations and warranties rollforward        
Liability for representations and warranties, and corporate guarantees beginning of period $ 6,220 $ 3,325 $ 5,438 $ 3,507
Additions for new sales 3 8 10 16
Charge-offs (2,480) (642) (2,718) (1,360)
Provision 14,037 1,248 15,050 1,774
Other       2
Liability for representations and warranties, and corporate guarantees, June 30 17,780 3,939 17,780 3,939
First Lien [Member] | Loss [Member]
       
Loan Repurchases and Indemnification Payments        
Total first-lien 958 432 1,251 1,089
Loss on First-lien Repurchases 419 267 552 627
Loss on First-lien Indemnification Payments 539 165 699 462
First Lien [Member] | Cash Paid for Repurchases [Member]
       
Loan Repurchases and Indemnification Payments        
Repurchases 970 627 1,333 1,325
Indemnification Payments 539 166 699 462
Total first-lien 1,509 793 2,032 1,787
First Lien [Member] | Unpaid Principle Balance [Member]
       
Loan Repurchases and Indemnification Payments        
Repurchases 860 573 1,194 1,209
Indemnification Payments 958 291 1,292 801
Total first-lien 1,818 864 2,486 2,010
Home Equity [Member] | Loss [Member]
       
Loan Repurchases and Indemnification Payments        
Total Home Equity 48 55 101 105
Total First-lien and Home Equity 1,006 487 1,352 1,194
Loss on Home Equity Repurchases 0 19 14 29
Loss on Home Equity Indemnification Payments 48 36 87 76
Home Equity [Member] | Cash Paid for Repurchases [Member]
       
Loan Repurchases and Indemnification Payments        
Repurchases 3 28 18 48
Indemnification Payments 48 36 87 76
Total Home Equity 51 64 105 124
Total First-lien and Home Equity 1,560 857 2,137 1,911
Home Equity [Member] | Unpaid Principle Balance [Member]
       
Loan Repurchases and Indemnification Payments        
Repurchases 3 24 18 42
Indemnification Payments 45 38 85 79
Total Home Equity 48 62 103 121
Total First-lien and Home Equity $ 1,866 $ 926 $ 2,589 $ 2,131