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Financial Guaranty Insurance Contracts (Details 9) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Agreement
Transaction
Dec. 31, 2010
Transaction
Dec. 31, 2011
Bank of America agreement
Apr. 14, 2011
Bank of America agreement
Agreement
Dec. 31, 2011
U.S. RMBS
policy
Dec. 31, 2010
U.S. RMBS
policy
Dec. 31, 2011
Alt-A first lien
policy
Dec. 31, 2010
Alt-A first lien
policy
Dec. 31, 2011
Total first lien
loan
Dec. 31, 2011
Total first lien
Bank of America agreement
Transaction
Dec. 31, 2011
Prime first lien
policy
Dec. 31, 2010
Prime first lien
policy
Dec. 31, 2011
Option ARM
policy
Dec. 31, 2010
Option ARM
policy
Dec. 31, 2011
Subprime
policy
Dec. 31, 2010
Subprime
policy
Dec. 31, 2011
Second lien
loan
Dec. 31, 2011
Second lien
Bank of America agreement
Transaction
Dec. 31, 2011
Closed end second lien and HELOCs
Minimum
Dec. 31, 2010
Closed end second lien and HELOCs
Minimum
Dec. 31, 2011
Closed end second lien and HELOCs
Maximum
Dec. 31, 2010
Closed end second lien and HELOCs
Maximum
Dec. 31, 2011
CES
policy
Dec. 31, 2010
CES
policy
Dec. 31, 2011
HELOCs
policy
Dec. 31, 2010
HELOCs
policy
Financial guarantee obligations                                                    
Number of negotiated agreements 2     1                                            
Number of defaulted loan files reviewed                 18,500               16,000                  
Outstanding par of defaulted loans reviewed                 $ 5,200,000,000               $ 1,100,000,000                  
Number of loan files that breached one or more R&W                 16,700               15,000                  
Threshold days delinquent for which all loan files are requested for review (in days) 60 days                                                  
Amount of loans to be repurchased by providers                 70,200,000               39,100,000                  
Number of loans to be repurchased by providers                 242               475                  
Salvage and subrogation recoverable                                                    
For all Financial Guaranty Insurance Contracts 401,800,000 866,200,000                                                
Effect of Consolidating FG VIEs (197,300,000) (52,900,000)                                                
Reported on Balance Sheet 204,500,000 813,300,000                                                
Loss and LAE reserve                                                    
For all Financial Guaranty Insurance Contracts 857,500,000 490,600,000                                                
Effect of Consolidating FG VIEs (74,600,000) (85,800,000)                                                
Reported on Balance Sheet 782,900,000 404,800,000                                                
Unearned premium reserve                                                    
For all Financial Guaranty Insurance Contracts 175,500,000 243,700,000                                                
Effect of Consolidating FG VIEs (49,900,000) (22,500,000)                                                
Reported on Balance Sheet 125,600,000 221,200,000                                                
Total                                                    
Benefit for R&W 1,434,800,000 1,600,500,000 552,200,000   1,434,800,000 1,600,500,000 202,700,000 81,000,000   567,900,000 3,000,000 1,100,000 713,900,000 309,300,000 101,500,000 26,800,000   57,300,000         223,800,000 178,200,000 189,900,000 1,004,100,000
Effect of Consolidating FG VIEs (321,800,000) (161,200,000)                                                
Reported on Balance Sheet 1,113,000,000 1,439,300,000                                                
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance                                                    
Future Net R&W Benefit at the beginning of the period 1,600,500,000   552,200,000   1,600,500,000 1,173,100,000 81,000,000 64,200,000     1,100,000   309,300,000 203,700,000 26,800,000               178,200,000 76,500,000 1,004,100,000 828,700,000
R&W Development and Accretion of Discount 889,400,000 616,500,000     889,400,000 616,500,000 122,800,000 16,800,000     1,900,000 1,100,000 496,100,000 166,600,000 74,700,000 26,800,000             54,600,000 101,700,000 139,300,000 303,500,000
R&W Recovered         (1,055,100,000) (189,100,000) (1,100,000)     (58,800,000)     (91,500,000) (61,000,000)       (1,042,700,000)         (9,000,000)   (953,500,000) (128,100,000)
Future Net R&W Benefit at the end of the period 1,434,800,000 1,600,500,000 552,200,000   1,434,800,000 1,600,500,000 202,700,000 81,000,000   567,900,000 3,000,000 1,100,000 713,900,000 309,300,000 101,500,000 26,800,000   57,300,000         223,800,000 178,200,000 189,900,000 1,004,100,000
Gross R&W amounts recovered         1,191,200,000 217,600,000                                        
Number of Risks as of the end of the period with R&W Benefit Recorded (in policies)         59 46 22 17     1 1 12 10 5 1             4 4 15 13
Debt Service of Policies with R&W Benefit Recorded as of the end of the period         7,848,700,000 7,493,100,000 1,781,100,000 1,882,800,000     52,300,000 57,100,000 1,621,400,000 1,909,800,000 1,054,000,000 228,700,000             361,400,000 444,900,000 2,978,500,000 2,969,800,000
Breakdown of the development and accretion amount                                                    
Inclusion of new deals with breaches of R&W during period 108,200,000 170,500,000                                                
Change in recovery assumptions as the result of additional file review and recovery success 218,300,000 253,500,000                                                
Estimated increase (decrease) in defaults that will result in additional breaches (77,100,000) 188,100,000                                                
Results of settlements 622,000,000                                                  
Accretion of discount on balance 18,000,000 4,400,000                                                
Total 889,400,000 616,500,000     889,400,000 616,500,000 122,800,000 16,800,000     1,900,000 1,100,000 496,100,000 166,600,000 74,700,000 26,800,000             54,600,000 101,700,000 139,300,000 303,500,000
Recovery period assumed in base case (in years)                                     2 years 2 years 4 years 4 years        
Number of additional transactions resulting in development   8                                                
Additional information related to Representations and Warranties                                                    
Number of transactions insured                   21               8                
Number of transactions insured executed as financial guarantees                   20                                
Cumulative collateral losses                   1,900,000,000                                
Cumulative projected collateral losses                   4,800,000,000                                
Gross expected losses before considering R&W recoveries                   652,500,000                                
Gross expected losses after considering R&W recoveries                   130,500,000                                
Payment reimbursed to date                   58,800,000                                
Additional invoices for claims paid                   6,700,000                                
Estimated benefit from loan repurchases relating breaches of R&W $ 1,400,000,000