Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Interest Income
Loans	$ 427,022	$ 474,769	$ 586,966
Securities classified as available-for-sale or trading	35,602	55,832	107,486
Interest-bearing deposits and other	2,785	2,180	2,413
Total interest income	465,409	532,781	696,865
Interest Expense
Deposits	95,546	154,692	241,507
FHLB advances	117,963	154,964	218,231
Security repurchase agreements		2,750	4,676
Other	6,527	9,712	13,384
Total interest expense	220,036	322,118	477,798
Net interest income	245,373	210,663	219,067
Provision for loan losses	176,931	426,353	504,370
Net interest income (expense) after provision for loan losses	68,442	(215,690)	(285,303)
Non-Interest Income
Loan fees and charges	77,843	89,535	125,168
Deposit fees and charges	29,629	32,181	32,429
Loan administration	94,604	12,679	7,167
Gain on trading securities	21,088	76,529	5,861
Loss on residual and transferors' interest	(5,673)	(7,847)	(82,867)
Net gain on loan sales	300,789	296,965	501,250
Net loss on sales of mortgage servicing rights	(7,903)	(6,977)	(3,886)
Net gain on securities available-for-sale		6,689	8,556
Net gain on sale of assets	22,676
Total other-than-temporary (impairment) recovery	(30,456)	43,600	(67,799)
(Loss) gain recognized in other comprehensive income before taxes	6,417	(48,591)	47,052
Net impairment losses recognized in earnings	(24,039)	(4,991)	(20,747)
Representation and warranty reserve - change in estimate	(150,055)	(61,523)	(75,627)
Other fees and charges, net	26,557	20,440	25,982
Total non-interest income	385,516	453,680	523,286
Non-Interest Expense
Compensation, commissions and benefits	264,056	237,955	296,500
Occupancy and equipment	70,117	65,284	70,005
Asset resolution	128,313	161,326	104,118
Federal insurance premiums	41,581	37,389	36,613
Other taxes	2,784	3,178	16,025
Loss on extinguishment of debt		20,826	16,446
Warrant (income) expense	(6,889)	4,189	23,339
General and administrative	134,718	80,552	116,607
Total non-interest expense	634,680	610,699	679,653
Loss before federal income taxes	(180,722)	(372,709)	(441,670)
Provision for federal income taxes	1,056	2,104	55,008
Net Loss	(181,778)	(374,813)	(496,678)
Preferred stock dividend/accretion	(17,165)	(18,748)	(17,124)
Net loss applicable to common stock	$ (198,943)	$ (393,561)	$ (513,802)
Loss per share
Basic	$ (0.36)	$ (2.44)	$ (16.17)
Diluted	$ (0.36)	$ (2.44)	$ (16.17)