XML 90 R78.htm IDEA: XBRL DOCUMENT v3.10.0.1
FAIR VALUE MEASUREMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Jun. 30, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Dec. 31, 2016
Securities            
Mortgage-backed securities $ 91,338,611   $ 92,563,572      
Loans            
Mortgage servicing rights 588,833 $ 599,014 580,860 $ 570,218 $ 605,653 $ 652,216
Assets transferred or pledged to securitization vehicles 4,287,821   3,306,133      
Derivative assets            
Interest rate swaps 97,002   30,272      
Derivative liabilities            
Interest rate swaps 311,729   569,129      
Residential mortgage loans            
Loans            
Loans 1,983,015   1,438,322      
Fair Value, Measurements, Recurring            
Securities            
Agency mortgage-backed securities 89,290,128   90,551,763      
Credit risk transfer securities 688,521   651,764      
Loans            
Mortgage servicing rights 588,833   580,860      
Assets transferred or pledged to securitization vehicles 4,287,821   3,306,133      
Derivative assets            
Interest rate swaps 97,002   30,272      
Other derivatives 307,839   283,613      
Total assets 97,837,245   97,722,996      
Liabilities:            
Debt issued by securitization vehicles 3,799,542   2,971,771      
Derivative liabilities            
Interest rate swaps 311,729   569,129      
Other derivatives 68,065   38,725      
Total liabilities 4,179,336   3,579,625      
Fair Value, Measurements, Recurring | Commercial Securities            
Securities            
Mortgage-backed securities 186,495   262,751      
Fair Value, Measurements, Recurring | Residential mortgage loans            
Loans            
Loans 1,217,139   958,546      
Fair Value, Measurements, Recurring | Non-Agency Mortgage-backed Securities            
Securities            
Mortgage-backed securities 1,173,467   1,097,294      
Fair Value, Measurements, Recurring | Level 1            
Securities            
Agency mortgage-backed securities 0   0      
Credit risk transfer securities 0   0      
Loans            
Mortgage servicing rights 0   0      
Assets transferred or pledged to securitization vehicles 0   0      
Derivative assets            
Interest rate swaps 0   0      
Other derivatives 221,516   218,361      
Total assets 221,516   218,361      
Liabilities:            
Debt issued by securitization vehicles 0   0      
Derivative liabilities            
Interest rate swaps 0   0      
Other derivatives 482   12,285      
Total liabilities 482   12,285      
Fair Value, Measurements, Recurring | Level 1 | Commercial Securities            
Securities            
Mortgage-backed securities 0   0      
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage loans            
Loans            
Loans 0   0      
Fair Value, Measurements, Recurring | Level 1 | Non-Agency Mortgage-backed Securities            
Securities            
Mortgage-backed securities 0   0      
Fair Value, Measurements, Recurring | Level 2            
Securities            
Agency mortgage-backed securities 89,290,128   90,551,763      
Credit risk transfer securities 688,521   651,764      
Loans            
Mortgage servicing rights 0   0      
Assets transferred or pledged to securitization vehicles 4,287,821   3,306,133      
Derivative assets            
Interest rate swaps 97,002   30,272      
Other derivatives 86,323   65,252      
Total assets 97,026,896   96,923,775      
Liabilities:            
Debt issued by securitization vehicles 3,799,542   2,971,771      
Derivative liabilities            
Interest rate swaps 311,729   569,129      
Other derivatives 67,583   26,440      
Total liabilities 4,178,854   3,567,340      
Fair Value, Measurements, Recurring | Level 2 | Commercial Securities            
Securities            
Mortgage-backed securities 186,495   262,751      
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage loans            
Loans            
Loans 1,217,139   958,546      
Fair Value, Measurements, Recurring | Level 2 | Non-Agency Mortgage-backed Securities            
Securities            
Mortgage-backed securities 1,173,467   1,097,294      
Fair Value, Measurements, Recurring | Level 3            
Securities            
Agency mortgage-backed securities 0   0      
Credit risk transfer securities 0   0      
Loans            
Mortgage servicing rights 588,833   580,860      
Assets transferred or pledged to securitization vehicles 0   0      
Derivative assets            
Interest rate swaps 0   0      
Other derivatives 0   0      
Total assets 588,833   580,860      
Liabilities:            
Debt issued by securitization vehicles 0   0      
Derivative liabilities            
Interest rate swaps 0   0      
Other derivatives 0   0      
Total liabilities 0   0      
Fair Value, Measurements, Recurring | Level 3 | Commercial Securities            
Securities            
Mortgage-backed securities 0   0      
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage loans            
Loans            
Loans 0   0      
Fair Value, Measurements, Recurring | Level 3 | Non-Agency Mortgage-backed Securities            
Securities            
Mortgage-backed securities $ 0   $ 0