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NOTE 9 MORTGAGE SERVICING (Detail) (USD $) | 6 Months Ended |
--- | --- | ---
Jun. 30, 2013 | Jun. 30, 2012 | Dec. 31, 2012
Carrying value of servicing assets sold | $ 360,600,000 |  |  |  |
Unpaid principal balance of small balance commercial loans serviced | 1,900,000,000 |  |  |  | 2,100,000,000
Fair value disclosure, off-balance sheet risks, amount, asset | 7,600,000,000 |  |  |  | 1,300,000,000
Additions recognized in connection with business and asset acquisitions | 1,078,819,000 | [1],[2] | 175,852,000 | [1],[2] |
Master servicing rights |  |  |  |  |
Additions recognized in connection with business and asset acquisitions | 680,000,000 |  |  |  |
Unpaid principal balance assets acquired | 87,000,000,000 |  |  |  |
Servicing advances | 73,500,000 |  |  |  |
Origination representation and warranty obligations | 136,400,000 |  |  |  |
Rescap Acquisition |  |  |  |  |
Additions recognized in connection with business and asset acquisitions | 393,900,000 |  |  |  |
HLSS |  |  |  |  |
Unpaid principal balance of loans associated with MSRs sold | $ 99,800,000,000 |  |  |  | $ 79,400,000,000
[1] | MSRs purchased during 2013 include $393.9 million acquired in the ResCap Acquisition. See Note 4 - Business Acquisitions for additional information.
[2] | MSRs purchased during 2013 also include $680.0 million of MSRs acquired in the Ally MSR Transaction. The acquired MSRs relate to mortgage loans with a UPB of approximately $87.0 billion owned by Freddie Mac and Fannie Mae. We also acquired servicing advance receivables of $73.5 million. We assumed the origination representation and warranty obligations of approximately $136.4 million in connection with a majority of the acquired MSRs. We had been subservicing these MSRs on behalf of Ally under a subservicing contract assumed by us in connection with the ResCap Acquisition.

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- Definition Carrying amount as of the balance sheet date of non-interest-bearing advances acquired made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors. + References No definition available. + Details
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- Definition Carrying value as of the date of sale, which was accounted for as a financing, of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. + References No definition available. + Details
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- Definition The fair value of financial assets, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611 + Details
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- Definition The value of new servicing assets, subsequently measured at amortized value, acquired or created during the current period through purchases or from transfers of financial assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 4 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122739-111746 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 140 -Paragraph 17 -Subparagraph g(1)(b) -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. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Staff Position (FSP) -Number FAS140-4/FIN46(R)-8 -Paragraph B10 -Subparagraph a(2) -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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