XML 21 R121.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 19 DERIVATIVE FINANCIAL INSTRUMENTS (Detail) - (Table 2) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Total Derivatives $ 5,381,453
Total Derivatives (7,864) [1]
Total Derivatives (5,416)
Interest Rate Swaps Designated as Hedges 5,381,453
Hedge the effects of a change in 1ML on borrowing under an advance funding facility [Member] | Interest Rate Swaps [Member]
  
Interest Rate Swaps Not Designated as Hedges 2013 [2]
Interest Rate Swaps Not Designated as Hedges 250,000 [2]
Interest Rate Swaps Not Designated as Hedges (2,699) [1],[2]
Interest Rate Swaps Not Designated as Hedges 3,605 [2]
Interest Rate Swaps Not Designated as Hedges Other, net [2]
Hedge the effects of a change in the lender’s CP rate and 1ML on borrowing under an advance funding facility [Member] | Interest Rate Swaps [Member]
  
Interest Rate Swaps Not Designated as Hedges 2013 [3]
Interest Rate Swaps Not Designated as Hedges 321,659 [3]
Interest Rate Swaps Not Designated as Hedges (2,958) [1],[3]
Interest Rate Swaps Not Designated as Hedges 3,352 [3]
Interest Rate Swaps Not Designated as Hedges Other, net / AOCL [3]
Total Derivative Designated As Hedge [Member] | Interest Rate Swaps [Member]
  
Total Derivatives 491,796
Interest Rate Swaps Designated as Hedges 491,796
Interest Rate Swaps Designated as Hedges (9,957) [1]
Interest Rate Swaps Designated as Hedges (8,105)
Hedge the effects of changes in 1ML or the lenders’ CP rate on advance funding facilities [Member] | Interest Rate Swaps [Member]
  
Total Derivatives 201,892 [4]
Interest Rate Swaps Designated as Hedges 2015 [4]
Interest Rate Swaps Designated as Hedges 201,892 [4]
Interest Rate Swaps Designated as Hedges (7,746) [1],[4]
Interest Rate Swaps Designated as Hedges (6,246) [4]
Interest Rate Swaps Designated as Hedges AOCL [4]
OtherHedgesTheEffectsOfChangesInLendersRateOnAdvanceFundingFacilitiesMember | Interest Rate Swaps [Member]
  
Total Derivatives 289,904 [5]
Interest Rate Swaps Designated as Hedges 2015 [5]
Interest Rate Swaps Designated as Hedges 289,904 [5]
Interest Rate Swaps Designated as Hedges (2,211) [1],[5]
Interest Rate Swaps Designated as Hedges (1,859) [5]
Interest Rate Swaps Designated as Hedges AOCL [5]
Hedge The Effects Of Changes In Advance Funding Facilities [Member] | Interest Rate Caps [Member]
  
Interest Rate Swaps Not Designated as Hedges 2014 [6]
Interest Rate Swaps Not Designated as Hedges    [6]
Interest Rate Swaps Not Designated as Hedges    [1],[6]
Interest Rate Swaps Not Designated as Hedges (3,195) [6]
Interest Rate Swaps Not Designated as Hedges Other, net [6]
Other Hedges The Effects Of Changes In Advance Funding Facilities [Member] | Interest Rate Caps [Member]
  
Interest Rate Swaps Not Designated as Hedges 2015-2016 [7]
Interest Rate Swaps Not Designated as Hedges 1,025,000 [7]
Interest Rate Swaps Not Designated as Hedges 168 [1],[7]
Interest Rate Swaps Not Designated as Hedges    [7]
Interest Rate Swaps Not Designated as Hedges Other, net [7]
Debt [Member]
  
Total Derivatives 2,088,455
Total Derivatives (15,446) [1]
Total Derivatives (4,343)
Interest Rate Swaps Designated as Hedges 2,088,455
Interest rate swaps (pay variable, receive fixed) [Member] | Mortgage Servicing Rights [Member]
  
Interest Rate Swaps Not Designated as Hedges 2014-2032 [7]
Interest Rate Swaps Not Designated as Hedges 432,500 [7]
Interest Rate Swaps Not Designated as Hedges 4,778 [1],[7]
Interest Rate Swaps Not Designated as Hedges    [7]
Interest Rate Swaps Not Designated as Hedges Other, net [7]
U.S. Treasury Futures [Member] | Mortgage Servicing Rights [Member]
  
Interest Rate Swaps Not Designated as Hedges 2013 [7]
Interest Rate Swaps Not Designated as Hedges 109,000 [7]
Interest Rate Swaps Not Designated as Hedges (1,258) [1],[7]
Interest Rate Swaps Not Designated as Hedges    [7]
Interest Rate Swaps Not Designated as Hedges Other, net [7]
Forward MBS Trades [Member] | Mortgage Servicing Rights [Member]
  
Interest Rate Swaps Not Designated as Hedges 2013 [7]
Interest Rate Swaps Not Designated as Hedges 314,000 [7]
Interest Rate Swaps Not Designated as Hedges 67 [1],[7]
Interest Rate Swaps Not Designated as Hedges    [7]
Interest Rate Swaps Not Designated as Hedges Other, net [7]
Forward MBS Trades [Member] | Mortgage Loans Held for Sale and IRLC's [Member]
  
Interest Rate Swaps Not Designated as Hedges 2013 [7]
Interest Rate Swaps Not Designated as Hedges 1,324,979 [7]
Interest Rate Swaps Not Designated as Hedges (1,786) [1],[7]
Interest Rate Swaps Not Designated as Hedges (1,226) [7]
Interest Rate Swaps Not Designated as Hedges Other, net [7]
IRLC [Member]
  
Interest Rate Swaps Not Designated as Hedges 2013
Interest Rate Swaps Not Designated as Hedges 1,112,519
Interest Rate Swaps Not Designated as Hedges 5,781 [1]
Interest Rate Swaps Not Designated as Hedges 153
Interest Rate Swaps Not Designated as Hedges Loss on loans held for sale, net
Interest Rate Swaps [Member]
  
Interest Rate Swaps Not Designated as Hedges 571,659
Interest Rate Swaps Not Designated as Hedges (5,657) [1]
Interest Rate Swaps Not Designated as Hedges 6,957
Total Derivatives 1,063,455
Total Derivatives (15,614) [1]
Total Derivatives (1,148)
Interest Rate Swaps Designated as Hedges 1,063,455
Interest Rate Caps [Member]
  
Interest Rate Swaps Not Designated as Hedges 1,025,000
Interest Rate Swaps Not Designated as Hedges 168 [1]
Interest Rate Swaps Not Designated as Hedges (3,195)
Mortgage Servicing Rights [Member]
  
Interest Rate Swaps Not Designated as Hedges 855,500
Interest Rate Swaps Not Designated as Hedges $ 3,587 [1]
[1] Derivatives are reported at fair value in Receivables, Other assets or in Other liabilities.
[2] We discontinued hedge accounting for this hedging relationship effective July 1, 2011 and began amortizing to earnings the $6,179 of deferred losses in accumulated other comprehensive income. Amortization was scheduled to continue until the related advance facility matures in July 2013. In September 2012, we repaid the advance facility and wrote-off the remaining $2,317 of unamortized deferred losses in AOCL.
[3] The hedging relationship was terminated when the advance facility was assumed on March 5, 2012 by HLSS. At that time, we wrote-off the $5,958 of deferred losses in AOCL. See Note 3 and Note 13 for additional information regarding the match funded liabilities assumed by HLSS.
[4] Monthly settlements on this forward-starting swap begin June 2013.
[5] Projected net settlements on the swap for the next twelve months total approximately $3,748 of payments to the counterparties.
[6] Sold in November 2012.
[7] Acquired in connection with the Homeward Acquisition.