XML 124 R69.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value - Reconciliation of Level 3 Assets (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Purchases, issuances, sales and settlements:        
Transfer from loans held for sale, at fair value     $ 110,874 $ 0
Level 3 [Member]
        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 164,152 65,899 118,913 74,545
Purchases, issuances, sales and settlements:        
Purchases 0 72 23 72
Issuances 25,493 (2,909) (24,475) (2,909)
Transfer from loans held for sale, at fair value 0   110,874  
Sales 0 24,156 0 24,156
Settlements (6,924) (1,379) (15,566) (1,070)
Purchases, issuances, sales and settlements, total 18,569 19,940 70,856 20,249
Total realized and unrealized gains and (losses):        
Included in earnings (4,490) [1] 19,947 [1] (11,538) [2] 17,916
Included in Other comprehensive income (loss) 0 [1] (5,439) [1] 0 [2] (12,363)
Total realized and unrealized gains and (losses) (4,490) [1] 14,508 [1] (11,538) [2] 5,553
Transfers in and / or out of Level 3 0   0  
Ending balance 178,231 100,347 178,231 100,347
Level 3 [Member] | Loans Held for Investment - Reverse Mortgages [Member]
        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 923,464 0 618,018 0
Purchases, issuances, sales and settlements:        
Purchases 0 10,251 0 10,251
Issuances 180,445 63,029 357,104 63,029
Transfer from loans held for sale, at fair value 0   110,874  
Sales 0 0 0 0
Settlements (14,572) (871) (28,601) (871)
Purchases, issuances, sales and settlements, total 165,873 72,409 439,377 72,409
Total realized and unrealized gains and (losses):        
Included in earnings 18,289 [1] 4,240 [1] 50,231 [2] 4,240
Included in Other comprehensive income (loss) 0 [1] 0 [1] 0 [2] 0
Total realized and unrealized gains and (losses) 18,289 [1] 4,240 [1] 50,231 [2] 4,240
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 1,107,626 76,649 1,107,626 76,649
Level 3 [Member] | HMBS - Related Borrowings [Member]
        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (870,462) 0 (615,576) 0
Purchases, issuances, sales and settlements:        
Purchases 0 (10,179) 0 (10,179)
Issuances (154,952) (65,938) (381,579) (65,938)
Transfer from loans held for sale, at fair value 0   0  
Sales 0 0 0 0
Settlements 7,648 867 13,035 867
Purchases, issuances, sales and settlements, total (147,304) (75,250) (368,544) (75,250)
Total realized and unrealized gains and (losses):        
Included in earnings (15,946) [1] 1,609 [1] (49,592) [2] 1,609
Included in Other comprehensive income (loss) 0 [1] 0 [1] 0 [2] 0
Total realized and unrealized gains and (losses) (15,946) [1] 1,609 [1] (49,592) [2] 1,609
Transfers in and / or out of Level 3 0 0 0 0
Ending balance (1,033,712) (73,641) (1,033,712) (73,641)
Level 3 [Member] | Derivative Financial Instruments, Assets [Member]
        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 324 (18,635) 442 (10,668)
Purchases, issuances, sales and settlements:        
Purchases 0 0 23 0
Issuances 0 0 0 0
Transfer from loans held for sale, at fair value 0   0  
Sales 0 24,156 0 24,156
Settlements 0 (1,375) 0 (1,066)
Purchases, issuances, sales and settlements, total 0 22,781 23 23,090
Total realized and unrealized gains and (losses):        
Included in earnings (227) [1] 1,469 [1] (368) [2] 117
Included in Other comprehensive income (loss) 0 [1] (5,439) [1] 0 [2] (12,363)
Total realized and unrealized gains and (losses) (227) [1] (3,970) [1] (368) [2] (12,246)
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 97 176 97 176
Level 3 [Member] | MSRS [Member]
        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 110,826 84,534 116,029 85,213
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances 0 0 0 0
Transfer from loans held for sale, at fair value 0   0  
Sales 0 0 0 0
Settlements 0 0 0 0
Purchases, issuances, sales and settlements, total 0 0 0 0
Total realized and unrealized gains and (losses):        
Included in earnings (6,606) [1] 12,629 [1] (11,809) [2] 11,950
Included in Other comprehensive income (loss) 0 [1] 0 [1] 0 [2] 0
Total realized and unrealized gains and (losses) (6,606) [1] 12,629 [1] (11,809) [2] 11,950
Transfers in and / or out of Level 3 0   0  
Ending balance $ 104,220 $ 97,163 $ 104,220 $ 97,163
[1] Total net gains (losses) attributable to derivative financial instruments still held at June 30, 2014 and June 30, 2013 were $(0.2) million and $0.1 million, respectively, for the three months ended June 30, 2014 and 2013.
[2] Total losses attributable to derivative financial instruments still held at June 30, 2014 were $0.4 million for the six months ended June 30, 2014.