Representations and Warranties Obligations and Corporate Guarantees - Outstanding Claims (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 1 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2013
RescissionNotices
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Sep. 30, 2012
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Sep. 30, 2013
RescissionNotices
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Sep. 30, 2012
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Dec. 31, 2012
RescissionNotices
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Sep. 30, 2013
Prime loans [Member]
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Dec. 31, 2012
Prime loans [Member]
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Sep. 30, 2013
Alt [Member]
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Dec. 31, 2012
Alt [Member]
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Sep. 30, 2013
Home Equity [Member]
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Dec. 31, 2012
Home Equity [Member]
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Sep. 30, 2013
Pay option [Member]
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Dec. 31, 2012
Pay option [Member]
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Sep. 30, 2013
Subprime [Member]
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Dec. 31, 2012
Subprime [Member]
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Sep. 30, 2013
Other Product Type [Member]
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Dec. 31, 2012
Other Product Type [Member]
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Sep. 30, 2013
Government Sponsored Entities [Member]
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Dec. 31, 2012
Government Sponsored Entities [Member]
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Sep. 30, 2013
Monoline [Member]
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Dec. 31, 2012
Monoline [Member]
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Sep. 30, 2013
Whole loan sale, private-label securitizations and other [Member]
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Dec. 31, 2012
Whole loan sale, private-label securitizations and other [Member]
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Sep. 30, 2013
Government Sponsored Entities [Member]
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Sep. 30, 2013
Government Sponsored Entities [Member]
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Sep. 30, 2013
Whole loan sale, private-label securitizations and other [Member]
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Sep. 30, 2013
Monoline [Member]
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Sep. 30, 2013
Monoline [Member]
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Sep. 30, 2013
Other Non Government Sponsored Entites [Member]
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Sep. 30, 2013
Other Non Government Sponsored Entites [Member]
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Sep. 30, 2013
Whole-Loan Investors [Member]
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Sep. 30, 2013
Whole-Loan Investors [Member]
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Sep. 30, 2013
Maximum [Member]
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Sep. 30, 2013
Minimum [Member]
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Jan. 06, 2013
Federal National Mortgage Association FNMA [Member]
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Sep. 30, 2013
First Lien Mortgages Serviced for Others [Member]
RescissionNotices
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Sep. 30, 2013
Loans held for investment [Member]
RescissionNotices
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Sep. 30, 2013
Implicated by Ongoing Litigation [Member]
RescissionNotices
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Jan. 31, 2013
Federal National Mortgage Association FNMA [Member]
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Sep. 30, 2013
Federal National Mortgage Association FNMA [Member]
First Lien Mortgages Serviced for Others [Member]
RescissionNotices
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Sep. 30, 2013
Prior to 2009 [Member]
Government Sponsored Entities [Member]
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Sep. 30, 2013
After 2008 [Member]
Government Sponsored Entities [Member]
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Guarantor Obligations [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Unpaid Principal Balance Of Loan Guarantees Satisfied | $ 343 | $ 431 | $ 1,191 | $ 1,686 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss On Loan Guarantees | 168 | 231 | 466 | 640 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments For Loan Guarantees | 277 | 396 | 1,035 | 1,410 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments for Legal Settlements | 51 | 469 | 1,700 | 600 | 3,600 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Timeframe To Resolve Repurchase Claims In Dispute | 120 days | 90 days | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Outstanding Claims By Counterparty | 17,660 | [1],[2] | 17,660 | [1],[2] | 28,278 | [1],[2] | 1,208 | [1],[2] | 13,530 | [1],[2] | 1,541 | [1],[2] | 2,449 | [1],[2] | 14,911 | [1],[2] | 12,299 | [1],[2] | |||||||||||||||||||||||||||||||||||||||||||||||||
Timetable to reach a settlement once a breach of representations and warranties is confirmed | 90 days | 60 days | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Outstanding Claims By Product Type | 17,660 | [1],[2] | 17,660 | [1],[2] | 28,278 | [1],[2] | 1,631 | [1],[2] | 8,793 | [1],[2] | 1,456 | [1],[2] | 5,428 | [1],[2] | 1,734 | [1],[2] | 2,394 | [1],[2] | 5,680 | [1],[2] | 5,884 | [1],[2] | 5,276 | [1],[2] | 3,687 | [1],[2] | 1,883 | [1],[2] | 2,092 | [1],[2] | |||||||||||||||||||||||||||||||||||||
Outstanding Claims, From Mortgage Insurance Recission Notices | 443 | 443 | 2,300 | 1,900 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Repurchase Demands under Review | 911 | 911 | 361 | 22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New Purchase Claims | 1,800 | 5,100 | 642 | 1,600 | 5 | 49 | 1,000 | 3,000 | 174 | 442 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount of Loan Repurchase Claims Resolved | 822 | 15,600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount of Loan Repurchase Claims Resolved Through Rescission | 536 | 1,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount of Loan Repurchase Claims Resolved Through Repurchase and Make Whole Payments | 286 | 962 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Outstanding Claims For Representations And Warranties Unpaid Principal Balance | 14,800 | 14,800 | 1,100 | 105 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Repurchase Demands Excluded from Outstanding Claims | 1,400 | 1,400 | 1,600 | 13,900 | 13,900 | 742 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Repurchase Demands Received Excluded from Outstanding Claims | $ 300 | $ 1,100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Open Mortgage Insurance Rescission Notices | 105,000 | 105,000 | 110,000 | 43,000 | 11,000 | 51,000 | 24,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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