Annual report pursuant to Section 13 and 15(d)

Representations and Warranties Obligations and Corporate Guarantees (Details)

v2.4.0.6
Representations and Warranties Obligations and Corporate Guarantees (Details) (USD $)
12 Months Ended 4 Months Ended 8 Months Ended 12 Months Ended 60 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 1 Months Ended
Dec. 31, 2012
payment
RescissionNotices
Dec. 31, 2011
RescissionNotices
Dec. 31, 2012
Minimum [Member]
Dec. 31, 2012
Maximum [Member]
Dec. 31, 2012
Federal National Mortgage Association FNMA [Member]
Dec. 31, 2011
Bank Of New York Mellon As Trustee [Member]
Group
Aug. 31, 2011
Bank Of New York Mellon As Trustee [Member]
Group
Dec. 31, 2012
Bank Of New York Mellon As Trustee [Member]
Investor
trust
Dec. 31, 2008
Bank Of New York Mellon As Trustee [Member]
Jun. 28, 2011
Bank Of New York Mellon As Trustee [Member]
Apr. 14, 2011
Assured Guaranty [Member]
Dec. 31, 2012
Assured Guaranty [Member]
Dec. 31, 2011
Assured Guaranty [Member]
Dec. 31, 2012
Government sponsored enterprise obligations [Member]
Dec. 31, 2010
Government sponsored enterprise obligations [Member]
Dec. 31, 2012
Other Non Government Sponsored Entites [Member]
Dec. 31, 2012
Monoline [Member]
Dec. 31, 2011
Monoline [Member]
Dec. 31, 2011
Pending Litigation [Member]
Dec. 31, 2011
Government sponsored enterprise obligations [Member]
Dec. 31, 2012
Indemnification Agreement [Member]
Dec. 31, 2011
Indemnification Agreement [Member]
Dec. 31, 2012
Unpaid Principal Balance Of Loan Guarantees Satisfied [Member]
Dec. 31, 2011
Unpaid Principal Balance Of Loan Guarantees Satisfied [Member]
Jun. 28, 2011
Second Mortgage [Member]
Bank Of New York Mellon As Trustee [Member]
trust
Apr. 14, 2011
Second Mortgage [Member]
Assured Guaranty [Member]
trust
Jun. 28, 2011
First Mortgage [Member]
Bank Of New York Mellon As Trustee [Member]
trust
Apr. 14, 2011
First Mortgage [Member]
Assured Guaranty [Member]
trust
Dec. 31, 2012
First Lien Mortgages Serviced for Others [Member]
RescissionNotices
Dec. 31, 2012
Loans held for investment [Member]
RescissionNotices
Dec. 31, 2012
Resolved Through Acceptance [Member]
Dec. 31, 2012
Resolved Through Reinstatement of Coverage or Payment of Claim [Member]
Dec. 31, 2012
Resolved Through Settlement, Policy Commutation or Similar Arrangement [Member]
Dec. 31, 2012
Implicated by Ongoing Litigation [Member]
RescissionNotices
Dec. 31, 2012
In Process of Review [Member]
Dec. 31, 2012
Reviewed and Being Contested [Member]
Dec. 31, 2012
Subject of Ongoing Litigation [Member]
Dec. 31, 2012
Federal National Mortgage Association FNMA [Member]
Jan. 06, 2013
Federal National Mortgage Association FNMA [Member]
Dec. 31, 2012
Federal National Mortgage Association FNMA [Member]
Dec. 31, 2012
Federal National Mortgage Association FNMA [Member]
First Lien Mortgages Serviced for Others [Member]
RescissionNotices
Jul. 17, 2012
Syncora Holdings Ltd [Member]
second_lien_trust
trust
Dec. 31, 2012
Federal National Mortgage Association FNMA [Member]
Dec. 31, 2012
Subject of Ongoing Litigation [Member]
Jan. 31, 2013
Subsequent Event [Member]
Federal National Mortgage Association FNMA [Member]
Jan. 06, 2013
Subsequent Event [Member]
Federal National Mortgage Association FNMA [Member]
Guarantor Obligations [Line Items]                                                                                            
Period of Defaulted Loans Leading to an Increase in Claims 18 months                                                                                          
Repurchase Claims, Trend of Number of Payments Made By Borrower, Defaulted Loans 25                                                                                          
Number of First Lien R M B S Trusts with Outstanding or Potential Repurchase Claims                                                                                   8        
Number of Second Lien RMBS Trusts with Outstanding or Potential Repurchase Claims                                                                                   6        
Original Principal Balance of First Lien Mortgages Included in Settlement Agreement                                                                                   $ 9,600,000,000        
Original Principal Balance of Second Lien Mortgages Included in Settlement Agreement                                                                                   7,700,000,000        
Litigation Settlement to be Paid in Cash                                                                                   375,000,000        
Percentage of loans underlying outstanding repurchase demands 26.00% 28.00%                                                                                        
Number Of Trusts Involved In Settlement Agreement                                                 5 8 525 21                                    
Original Principal Balance Of Loans Originated                   424,000,000,000 35,800,000,000                                                                     1,400,000,000,000
Outstanding Principal Balance of Residential Mortgage Loans Included in Settlement Agreement                                                                                           300,000,000,000
Unresolved Repurchase Claims Submitted for Alleged Breaches of Selling Representations and Warranties                                                                               12,200,000,000            
Original Principal Balance of Loans Originated During Period                 409,000,000,000                                                                          
Principal Amount Outstanding On Loans Securitized In Default                   220,000,000,000                                                                        
Principal Amount Outstanding On Loans Securitized In Default During Period                 217,000,000,000                                                                          
Number Of Institutional Investors Involved In Settlement Agreement               22                                                                            
Outstanding Claims, From Mortgage Insurance Recission Notices 2,300,000,000 1,200,000,000                                                                         1,900,000,000              
Settlement Payment               8,500,000,000     1,100,000,000                                                                      
Estimated Litigation Liability               100,000,000                                                                            
Private Placements From Which Plaintiffs Purchased Mortgage Backed Securities Issued By Country Wide Financial Corporation Related Entities               6                                                                            
Number of Groups With Opportunity to Dispute Legal Settlement             44                                                                              
Number of Groups With Opportunity to Dispute Legal Settlement, Who Have Withdrawn From Proceedings           7                                                                                
Number of Motions Denied             1                                                                              
Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement                     20,200,000,000                                                                      
Loan Loss Insurance Value Of Reinsurance Arrangement                     470,000,000                                                                      
Loss Contingency Accrual, at Carrying Value 510,000,000 476,000,000                                                                                        
Loans and Leases Receivable, Gross, Consumer, Lease Financing                       900,000,000 2,200,000,000                                                                  
Agreement Reached To Resolve Repurchase Claims For Residential Mortgage Loans Sold To Gses Related To Legacy Subsidiary Entities                             2,800,000,000                                                              
Loss On Repurchase Or Reimbursement Of Repurchase Claims For First Lien Mortgages And Home Equity Loans From The Investor Or Securitization Trust 1,600,000,000 1,700,000,000                                                                                        
New Purchase Claims 22,400,000,000       10,300,000,000                 2,300,000,000   1,500,000,000 295,000,000                                                          
Amount of Loan Repurchase Claims Resolved 6,600,000,000                                                                                          
Amount of Loan Repurchase Claims Resolved Through Rescission 4,600,000,000                                                                                          
Amount of Loan Repurchase Claims Resolved Through Repurchase and Make Whole Payments 2,000,000,000                                                                                          
Number of Open Mortgage Insurance Rescission Notices 110,000 90,000                                                     49,000 11,000       50,000             27,000          
Percent of Mortgage Insurance Recission Notes Received Which Are Resolved 32.00%                                                           20.00% 58.00% 22.00%                          
Percent of Mortgage Insurance Recission Notes Received Which Are Not Yet Resolved 68.00%                                                                 46.00% 37.00% 63.00% 40.00%                  
Cash Paid for Repurchases                                         1,755,000,000 5,220,000,000                                                
Unpaid Principal Balance                                             2,075,000,000 6,169,000,000                                            
Payments for Legal Settlements 1,800,000,000                                                                                       3,600,000,000  
Residental Mortgage Loans Repurchased in Settlement                                                                                         6,600,000,000  
Provision 3,939,000,000 15,591,000,000                                 (8,600,000,000) 7,000,000,000                                   500,000,000         2,500,000,000      
Representations Warranties And Guarantees Maximum Exposure Above Existing Accruals 4,000,000,000 5,000,000,000                                                                                        
Percentage of the voting rights of outstanding securities required to investigate loans files and demand repurchase of loans 25.00%                                                                                          
Outstanding Claims For Representations And Warranties Unpaid Principal Balance                               12,200,000,000 2,400,000,000 3,100,000,000                                                        
Unpaid principal balance of loans without repurchase requests 5,300,000,000                                                                                     4,000,000,000    
Percentage of loans resolved through repurchase or make whole payments 15.00%                                                                                          
Private Label Securitization Trust Related Repurchase Claims 44.00%                                                                                          
Private Label Securitization Trust Related Repurchase Claims $ 8,000,000,000                                                                                          
Timeframe To Resolve Repurchase Claims In Dispute     90 days 120 days                                                                                    
Timetable to reach a settlement once a breach of representations and warranties is confirmed     60 days 90 days                                                                                    
Inactive Claims, Threshold Period of Inactivity after Denial 6 months