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Note 4 FAIR VALUE (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010
|  |  |  |  | 2012 |  |  | 2011 |
|  | Level |  |  | Carrying Value |  |  | Fair Value |  |  | Carrying Value |  |  | Fair Value |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans held for sale, at fair value (1) |  |  | 2 |  |  | $ | 426,480 |  |  | $ | 426,480 |  |  | $ | — |  |  | $ | — |
Loans held for sale, at lower of cost or fair value (2) |  |  | 3 |  |  |  | 82,866 |  |  |  | 82,866 |  |  |  | 20,633 |  |  |  | 20,633 |
Advances and match funded advances(3) |  |  | 3 |  |  |  | 3,233,707 |  |  |  | 3,233,707 |  |  |  | 3,733,502 |  |  |  | 3,733,502 |
Receivables, net (3) |  |  | 3 |  |  |  | 167,459 |  |  |  | 167,459 |  |  |  | 83,202 |  |  |  | 83,202 |
Loans, net – restricted for securitization investors (3) |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | 58,560 |  |  |  | 55,165 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Match funded liabilities (3) |  |  | 3 |  |  | $ | 2,532,745 |  |  | $ | 2,533,278 |  |  | $ | 2,558,951 |  |  | $ | 2,569,131 |
Lines of credit and other secured borrowings (3) |  |  | 3 |  |  |  | 1,096,679 |  |  |  | 1,101,504 |  |  |  | 540,369 |  |  |  | 550,860 |
Debt securities (3) |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | 82,554 |  |  |  | 92,125 |
Secured borrowings – owed to securitization investors (3) |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | 53,323 |  |  |  | 52,652 |
Derivative financial instruments (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IRLCs |  |  | 2 |  |  | $ | 5,781 |  |  | $ | 5,781 |  |  | $ | — |  |  | $ | — |
Interest rate swaps |  |  | 3 |  |  |  | (10,836 | ) |  |  | (10,836 | ) |  |  | (14,491 | ) |  |  | (14,491 | )
Forward MBS trades |  |  | 1 |  |  |  | (1,719 | ) |  |  | (1,719 | ) |  |  | — |  |  |  | — |
U.S. Treasury futures |  |  | 1 |  |  |  | (1,258 | ) |  |  | (1,258 | ) |  |  | — |  |  |  | — |
Interest rate caps |  |  | 3 |  |  |  | 168 |  |  |  | 168 |  |  |  | 3,600 |  |  |  | 3,600 |
Nondeliverable FX forward contracts |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | (5,785 | ) |  |  | (5,785 | )
Impaired stratum of MSRs (2)(4) |  |  | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | 214 |  |  | $ | 214 |
MSRs, at fair value (1) |  |  | 3 |  |  | $ | 85,213 |  |  | $ | 85,213 |  |  | $ | 214 |  |  | $ | 214 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
For the year ended December 31, 2012: |  | Derivative Financial Instruments |  |  | MSRS at Fair Value |  |  | Total |
Beginning balance |  | $ | (16,676 | ) |  | $ | — |  |  | $ | (16,676 | )
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |  |  |  |  |  |
Purchases (1) |  |  | 4,946 |  |  |  | 85,183 |  |  |  | 90,129 |
Issuances |  |  | — |  |  |  | — |  |  |  | — |
Sales |  |  | (405 | ) |  |  | — |  |  |  | (405 | )
Settlements |  |  | 2,451 |  |  |  | — |  |  |  | 2,451 |
|  |  | 6,992 |  |  |  | 85,183 |  |  |  | 92,175 |
Total realized and unrealized gains and (losses) (2): |  |  |  |  |  |  |  |  |  |  |  |
Included in Other, net |  |  | 7,331 |  |  |  | 30 |  |  |  | 7,361 |
Included in Other comprehensive income (loss) |  |  | (8,315 | ) |  |  | — |  |  |  | (8,315 | )
|  |  | (984 | ) |  |  | 30 |  |  |  | (954 | )
Transfers in and / or out of Level 3 |  |  | — |  |  |  | — |  |  |  | — |
Ending balance |  | $ | (10,668 | ) |  | $ | 85,213 |  |  | $ | 74,545 |
For the year ended December 31, 2011 |  | Derivative Financial Instruments |
Beginning balance |  | $ | (15,351 | )
Purchases, issuances, sales and settlements: |  |  |  |
Purchases |  |  | 3,688 |
Settlements |  |  | 85 |
|  |  | 3,773 |
Total realized and unrealized gains and (losses) (2): |  |  |  |
Included in Other, net |  |  | (5,881 | )
Included in Other comprehensive income (loss) |  |  | 783 |
|  |  | (5,098 | )
Transfers in and / or out of Level 3 |  |  | — |
Ending balance |  | $ | (16,676 | )
|  |  |  |  |  | Trading Securities |  |  |  |  |
For the year ended December 31, 2010: |  | Derivative Financial Instruments |  |  | Auction Rate Securities |  |  | Subordinates and Residuals |  |  | Total |
Beginning balance |  | $ | (45 | ) |  | $ | 247,464 |  |  | $ | 59 |  |  | $ | 247,478 |
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales |  |  | — |  |  |  | (146,810 | ) |  |  | — |  |  |  | (146,810 | )
Settlements |  |  | (738 | ) |  |  | (92,745 | ) |  |  | — |  |  |  | (93,483 | )
|  |  | (738 | ) |  |  | (239,555 | ) |  |  | — |  |  |  | (240,293 | )
Total realized and unrealized gains and (losses) (2): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Included in Gain (loss) on trading securities |  |  | — |  |  |  | (7,909 | ) |  |  | (59 | ) |  |  | (7,968 | )
Included in Other, net |  |  | (133 | ) |  |  | — |  |  |  | — |  |  |  | (133 | )
Included in Other comprehensive income (loss) |  |  | (14,435 | ) |  |  | — |  |  |  | — |  |  |  | (14,435 | )
|  |  | (14,568 | ) |  |  | (7,909 | ) |  |  | (59 | ) |  |  | (22,536 | )
Transfers in and / or out of Level 3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Ending balance |  | $ | (15,351 | ) |  | $ | — |  |  | $ | — |  |  | $ | (15,351 | )

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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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