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NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS (Detail) - (Table 2) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Notional amount, interest rate swaps designated as hedges $ 4,775,615
Total derivatives 4,775,615
Total Derivatives (15,091)
Total Derivatives (2,050)
Interest Rate Swaps
  
Notional amount, interest rate swaps not designated as hedges 547,180
Fair value, interest rate swaps not designated as hedges (3,486) [1]
Gains / (losses), interest rate swaps not designated as hedges 2,171
Notional amount, interest rate swaps designated as hedges 966,281
Total derivatives 966,281
Total Derivatives (13,202)
Total Derivatives 2,401
Interest rate caps
  
Notional amount, interest rate swaps not designated as hedges 1,979,281
Fair value, interest rate swaps not designated as hedges (13,079) [1]
Gains / (losses), interest rate swaps not designated as hedges 2,447
Mortgage Servicing Rights
  
Notional amount, interest rate swaps designated as hedges 222,500
Total derivatives 222,500
Total Derivatives 1,597
Total Derivatives (6,296)
Hedge the effects of a change in 1ML on borrowing under an advance funding facility | Interest Rate Swaps
  
Expiration date, Interest rate swaps not designated as hedges 2013 [2]
Notional amount, interest rate swaps not designated as hedges 250,000 [2]
Fair value, interest rate swaps not designated as hedges (1,569) [1],[2]
Gains / (losses), interest rate swaps not designated as hedges 1,143 [2]
Consolidated statement of operations caption, 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 | Interest Rate Swaps
  
Expiration date, Interest rate swaps not designated as hedges 2013 [3]
Notional amount, interest rate swaps not designated as hedges 297,180 [3]
Fair value, interest rate swaps not designated as hedges (1,917) [1],[3]
Gains / (losses), interest rate swaps not designated as hedges 1,028 [3]
Consolidated statement of operations caption, interest rate swaps not designated as hedges Other, net [3]
Total Derivative Designated As Hedge | Interest Rate Swaps
  
Notional amount, interest rate swaps designated as hedges 419,101
Fair value, interest rate swaps designated as hedges (9,716)
Gains / (losses), interest rate swaps designated as hedges 230
Total derivatives 419,101
Hedge the effects of changes in 1ML or the lenders' CP rate on advance funding facilities | Interest Rate Swaps
  
Expiration date, interest rate swaps designated as hedges 2015 [4]
Notional amount, interest rate swaps designated as hedges 201,892 [4]
Fair value, interest rate swaps designated as hedges (7,801) [1],[4]
Gains / (losses), interest rate swaps designated as hedges (55) [4]
Consolidated statement of operations caption, interest rate swaps designated as hedges AOCL [4]
Total derivatives 201,892 [4]
Other Hedges The Effects Of Changes In Lenders Rate On Advance Funding Facilities | Interest Rate Swaps
  
Expiration date, interest rate swaps designated as hedges 2015 [5]
Notional amount, interest rate swaps designated as hedges 217,209 [5]
Fair value, interest rate swaps designated as hedges (1,915) [1],[5]
Gains / (losses), interest rate swaps designated as hedges 285 [5]
Consolidated statement of operations caption, interest rate swaps designated as hedges AOCL [5]
Total derivatives 217,209 [5]
Hedge The Effects Of Changes In Advance Funding Facilities | Interest rate caps
  
Expiration date, Interest rate swaps not designated as hedges 2015-2016
Notional amount, interest rate swaps not designated as hedges 1,013,000
Fair value, interest rate swaps not designated as hedges 123 [1]
Gains / (losses), interest rate swaps not designated as hedges 46
Consolidated statement of operations caption, interest rate swaps not designated as hedges Other, net
Debt
  
Notional amount, interest rate swaps designated as hedges 1,979,281
Total derivatives 1,979,281
Total Derivatives (13,079)
Total Derivatives 2,447
Interest rate swaps (pay variable, receive fixed) | Mortgage Servicing Rights
  
Expiration date, Interest rate swaps not designated as hedges 2014-2027
Notional amount, interest rate swaps not designated as hedges 222,500
Fair value, interest rate swaps not designated as hedges 1,597 [1]
Gains / (losses), interest rate swaps not designated as hedges (2,480)
Consolidated statement of operations caption, interest rate swaps not designated as hedges Other net; Servicing and origination
Expiration date, interest rate swaps designated as hedges 2013 [6]
Notional amount, interest rate swaps designated as hedges 1,250,000 [6]
Fair value, interest rate swaps designated as hedges (7,153) [1],[6]
Gains / (losses), interest rate swaps designated as hedges (7,153) [6]
Consolidated statement of operations caption, interest rate swaps designated as hedges AOCL [6]
Total derivatives 1,250,000 [6]
U.S. Treasury Futures | Mortgage Servicing Rights
  
Notional amount, interest rate swaps not designated as hedges   
Fair value, interest rate swaps not designated as hedges    [1]
Gains / (losses), interest rate swaps not designated as hedges (1,149)
Consolidated statement of operations caption, interest rate swaps not designated as hedges Other, net
Forward MBS Trades | Mortgage Servicing Rights
  
Notional amount, interest rate swaps not designated as hedges   
Fair value, interest rate swaps not designated as hedges    [1]
Gains / (losses), interest rate swaps not designated as hedges (2,667)
Consolidated statement of operations caption, interest rate swaps not designated as hedges Other, net
Forward MBS Trades | Mortgage Loans Held for Sale and IRLC's
  
Expiration date, Interest rate swaps not designated as hedges 2013
Notional amount, interest rate swaps not designated as hedges 706,560
Fair value, interest rate swaps not designated as hedges (1,108) [1]
Gains / (losses), interest rate swaps not designated as hedges 10,189
Consolidated statement of operations caption, interest rate swaps not designated as hedges Loss on loans held for sale, net
IRLCs
  
Expiration date, Interest rate swaps not designated as hedges 2013
Notional amount, interest rate swaps not designated as hedges 617,274
Fair value, interest rate swaps not designated as hedges 4,652 [1]
Gains / (losses), interest rate swaps not designated as hedges $ (1,237)
Consolidated statement of operations caption, interest rate swaps not designated as hedges Loss on loans held for sale, net
[1] Derivatives are reported at fair value in Receivables, Other assets or in Other liabilities on our unaudited Consolidated Balance Sheets.
[2] We discontinued hedge accounting for this hedging relationship effective July 1, 2011 and began amortizing to earnings the $6.2 million of deferred losses in accumulated other comprehensive income. In September 2012, we repaid the advance facility and wrote-off the remaining $2.3 million 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 $6.0 million of deferred losses in AOCL. See Note 4 Asset Sales and Financing and Note 14 Match Funded Liabilities for additional information.
[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 $5.3 million of payments to the counterparties.
[6] This swap was closed out on April 15, 2013 concurrent with the closing of the last stage of the MSR purchase.