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NOTE 19 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 9 Months Ended
Sep. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of changes in notional balance of holdings of derivatives
    IRLCs     U.S.
Treasury
Futures		     Forward
MBS
Trades		     Interest
Rate Caps		     Interest
Rate Swaps		  
                               
Balance at December 31, 2012   $ 1,112,519     $ 109,000     $ 1,638,979     $ 1,025,000     $ 1,495,955  
Additions     4,062,236       85,000       9,316,350       —       1,280,000  
Amortization     (228,806 )     —       (33,372 )     (24,000 )     —  
Maturities     (3,709,513 )     —       (4,558,971 )     —       (295,604 )
Terminations     (549,877 )     (194,000 )     (5,627,670 )     (1,001,000 )     (2,480,351 )
Balance at September 30, 2013   $ 686,559     $ —     $ 735,316     $ —     $ —  
                                         
Fair value of net derivative assets (liabilities) at:                                        
September 30, 2013   $ 13,491     $ —     $ (12,185 )   $ —     $ —  
December 31, 2012   $ 5,781     $ (1,258 )   $ (1,719 )   $ 168     $ (10,836 )
                                         
Maturity     Oct. 2013 – Jan. 2014       —       Oct. 2013 – Nov. 2013       —       —
Schedule of gains (losses) on derivatives
Purpose   Expiration
Date		     Notional
Amount		     Fair Value
(1)		     Gains /
(Losses)		     Consolidated
Statement of
Operations
Caption
Interest rate risk of mortgage loans held for sale and IRLCs                                    
Forward MBS trades     2014     $ 735,316     $ (12,185 )   $ 30,989     Gain on loans held for sale, net and Other, net
                                     
IRLCs     2013       686,559       13,491       5,918     Gain on loans held for sale, net
Total derivatives                   $ 1,306     $ 36,907      
(1) Derivatives are reported at fair value in Receivables, Other assets or in Other liabilities on our unaudited Consolidated Balance Sheets.
Schedule of changes in the losses on cash flow hedges included in AOCL
Accumulated losses on cash flow hedges at December 31, 2012   $ 9,878  
Additional net losses on cash flow hedges     12,363  
Ineffectiveness of cash flow hedges reclassified to earnings     (657 )
Losses on terminated hedging relationships amortized to earnings (1)     (9,434 )
Accumulated losses on cash flow hedges at September 30, 2013   $ 12,150  
(1) Where the hedging relationship has been terminated but the hedged transaction is still forecast to occur, losses on the hedging relationship that are included in AOCL are amortized to earnings in the periods in which earnings are affected by the hedged transaction. Amortization in the third quarter included $4.1 million of accelerated amortization as a result of the early repayment and termination of four advance financing facilities as a result of the July 1, 2013 HLSS Transaction.
Schedule of statements of operations related to derivative financial instruments
    Three Months     Nine Months  
    2013     2012     2013     2012  
Servicing and origination expense                                
Gains on economic hedges   $ —     $ —     $ 1,017     $ —  
Gain on loans held for sale, net                                
Gains on economic hedges     9,608       —       36,907       —  
Other, net                                
Gains (losses) on economic hedges (1)     (103 )     1,397       (3,822 )     6,645  
Ineffectiveness of cash flow hedges     —       47       (657 )     46  
Write-off of losses in AOCL for a discontinued hedge relationship     (7,780 )     (3,089 )     (9,434 )     (4,633 )
Write-off of losses in AOCL for hedge of a financing facility assumed by HLSS (See Note 3 –Transfers of Financial Assets)     —       —       —       (5,958 )
    $ 1,725     $ (1,645 )   $ 24,011     $ (3,900 )
(1) Includes a gain of $3.4 million recognized during the three months ended March 31, 2012 from the termination of foreign exchange forward contracts.