XML 34 R87.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Guaranty Contracts Accounted for as Credit Derivatives - Credit Derivatives Subordination and Ratings (Details) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 29,633 [1] $ 34,996
Pooled corporate obligations [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 19,135 $ 23,621
Original Subordination (as a percent) [2] 29.50% 30.10%
Current Subordination (as a percent) [2] 30.80% 30.70%
Pooled corporate obligations [Member] | Collateralized loan obligations and collateral bond obligations [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 7,299 $ 11,688
Original Subordination (as a percent) [2] 31.10% 32.00%
Current Subordination (as a percent) [2] 39.60% 36.90%
Pooled corporate obligations [Member] | Synthetic investment grade pooled corporate [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 7,119 $ 7,640
Original Subordination (as a percent) [2] 21.70% 22.60%
Current Subordination (as a percent) [2] 19.40% 20.60%
Pooled corporate obligations [Member] | TruPS CDOs [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 3,604 $ 3,119
Original Subordination (as a percent) [2] 45.70% 45.30%
Current Subordination (as a percent) [2] 41.60% 35.80%
Pooled corporate obligations [Member] | Market Value of CDOs of corporate obligations [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 1,113 $ 1,174
Original Subordination (as a percent) [2] 17.00% 19.10%
Current Subordination (as a percent) [2] 10.50% 20.70%
RMBS [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 2,601 $ 2,986
Original Subordination (as a percent) [2] 22.60% 24.80%
Current Subordination (as a percent) [2] 29.60% 33.90%
RMBS [Member] | Option Adjustable Rate Mortgage and Alt-A Mortgage [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 1,186 $ 1,378
Original Subordination (as a percent) [2] 15.70% 16.30%
Current Subordination (as a percent) [2] 10.50% 10.70%
RMBS [Member] | Subprime [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 1,215 $ 1,366
Original Subordination (as a percent) [2] 27.20% 31.10%
Current Subordination (as a percent) [2] 41.80% 50.50%
RMBS [Member] | Prime [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 183 $ 223
Original Subordination (as a percent) [2] 10.90% 10.90%
Current Subordination (as a percent) [2] 0.00% 0.00%
RMBS [Member] | Closed-end [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 17 $ 19
Original Subordination (as a percent) [2] 0.00% 0.00%
Current Subordination (as a percent) [2] 0.00% 0.00%
CMBS [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 1,127 $ 1,952
Original Subordination (as a percent) [2] 28.40% 35.30%
Current Subordination (as a percent) [2] 35.80% 43.60%
Other [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 6,770 $ 6,437
Original Subordination (as a percent) [2] 0.00% 0.00%
Current Subordination (as a percent) [2] 0.00% 0.00%
Radian [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding [1] $ 4,300  
[1] The September 30, 2015 total amount includes $4.3 billion net par outstanding of credit derivatives acquired from Radian Asset.
[2] Represents the sum of subordinate tranches and over-collateralization and does not include any benefit from excess interest collections that may be used to absorb losses.