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Investment Securities (Summary of Investment in Agency Security) (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Unrealized Gain On Derivative Instrument And Trading Securities $ 17,000,000   $ 16,000,000 $ (1,000,000)
Unamortized premium 4,400,000,000   2,400,000,000  
Amortized cost 82,652,000,000   53,503,000,000  
Total agency MBS, at fair value 85,245,000,000   54,683,000,000  
Weighted average coupon 3.69% [1]   4.23% [2]  
Weighted average yield 2.61% [3]   3.07%  
Weighted average yield for the year ended 2.82% [3]   3.19%  
Unamortized principal balance of interest-only strips 1,700,000,000 1,100,000,000    
Unamortized principal balance of principal-only strips 302,000,000 40,000,000    
Weighted average contractual interest rate of interest only strips 5.78% 0.00%    
Prepayment rate over remaining life of aggregate investment portfolio   14.00%    
Average prepayment rate based on forward rate assumption 11.00%   14.00%  
Average reset rate for adjustable rate securities 2.64% 2.71%    
Average underlying index rate on agency securities based on current spot rate 0.93% 0.94%    
Average Margin on agency securities 1.71% 1.77%    
Fannie Mae [Member]
       
Total agency MBS, at fair value 64,190,000,000   39,689,000,000  
Weighted average coupon 3.70% [1]   4.18% [2]  
Weighted average yield 2.62% [3]   3.03%  
Weighted average yield for the year ended 2.83% [3]   3.19%  
Freddie Mac [Member]
       
Total agency MBS, at fair value 20,801,000,000   14,721,000,000  
Weighted average coupon 3.67% [1]   4.39% [2]  
Weighted average yield 2.61% [3]   3.20%  
Weighted average yield for the year ended 2.83% [3]   3.20%  
Ginnie Mae [Member]
       
Total agency MBS, at fair value 254,000,000   273,000,000  
Weighted average coupon 3.77% [1]   3.74% [2]  
Weighted average yield 1.60% [3]   1.71%  
Weighted average yield for the year ended 1.63% [3]   2.05%  
Available-for-sale Securities [Member]
       
Agency MBS, par 78,486,000,000   51,226,000,000  
Unamortized premium 4,166,000,000   2,277,000,000  
Amortized cost 82,652,000,000   53,503,000,000  
Gross unrealized gains 2,072,000,000   1,007,000,000  
Gross unrealized losses (25,000,000)   (6,000,000)  
Total available-for-sale agency MBS, at fair value 84,699,000,000   54,504,000,000  
Available-for-sale Securities [Member] | Fannie Mae [Member]
       
Agency MBS, par 58,912,000,000   37,232,000,000  
Unamortized premium 3,208,000,000   1,659,000,000  
Amortized cost 62,120,000,000   38,891,000,000  
Gross unrealized gains 1,585,000,000   680,000,000  
Gross unrealized losses (18,000,000)   (4,000,000)  
Total available-for-sale agency MBS, at fair value 63,687,000,000   39,567,000,000  
Available-for-sale Securities [Member] | Freddie Mac [Member]
       
Agency MBS, par 19,336,000,000   13,736,000,000  
Unamortized premium 948,000,000   606,000,000  
Amortized cost 20,284,000,000   14,342,000,000  
Gross unrealized gains 481,000,000   324,000,000  
Gross unrealized losses (7,000,000)   (2,000,000)  
Total available-for-sale agency MBS, at fair value 20,758,000,000   14,664,000,000  
Available-for-sale Securities [Member] | Ginnie Mae [Member]
       
Agency MBS, par 238,000,000   258,000,000  
Unamortized premium 10,000,000   12,000,000  
Amortized cost 248,000,000   270,000,000  
Gross unrealized gains 6,000,000   3,000,000  
Gross unrealized losses 0   0  
Total available-for-sale agency MBS, at fair value 254,000,000   273,000,000  
Agency MBS remeasured at fair value through earnings [Member]
       
Interest-only and principal-only strips, amortized cost 541,000,000   191,000,000 [4]  
Gross unrealized gains 27,000,000   9,000,000  
Gross unrealized losses (22,000,000)   (21,000,000)  
Total agency MBS remeasured at fair value through earnings, at fair value 546,000,000   179,000,000  
Agency MBS remeasured at fair value through earnings [Member] | Fannie Mae [Member]
       
Interest-only and principal-only strips, amortized cost 486,000,000   124,000,000 [4]  
Gross unrealized gains 26,000,000   6,000,000  
Gross unrealized losses (9,000,000)   (8,000,000)  
Total agency MBS remeasured at fair value through earnings, at fair value 503,000,000   122,000,000  
Agency MBS remeasured at fair value through earnings [Member] | Freddie Mac [Member]
       
Interest-only and principal-only strips, amortized cost 55,000,000   67,000,000 [4]  
Gross unrealized gains 1,000,000   3,000,000  
Gross unrealized losses (13,000,000)   (13,000,000)  
Total agency MBS remeasured at fair value through earnings, at fair value 43,000,000   57,000,000  
Agency MBS remeasured at fair value through earnings [Member] | Ginnie Mae [Member]
       
Interest-only and principal-only strips, amortized cost 0   0 [4]  
Gross unrealized gains 0   0  
Gross unrealized losses 0   0  
Total agency MBS remeasured at fair value through earnings, at fair value $ 0   $ 0  
[1] The underlying unamortized principal balance (“UPB” or “par value”) of our interest-only agency MBS strips was $1.7 billion and the weighted average contractual interest we are entitled to receive was 5.78% of this amount as of December 31, 2012. The par value of our principal-only agency MBS strips was $302 million as of December 31, 2012.
[2] The weighted average coupon includes the interest cash flows from our interest-only securities taken together with the interest cash flows from our fixed-rate, adjustable-rate and CMO securities as a percentage of the par value of our agency securities (excluding the UPB of our interest-only securities) as of December 31, 2011.
[3] Incorporates a weighted average future constant prepayment rate assumption of 11% based on forward rates as of December 31, 2012 and a weighted average reset rate for adjustable rate securities of 2.64%, which is equal to a weighted average underlying index rate of 0.93% based on the current spot rate in effect as of the date we acquired the securities and a weighted average margin of 1.71%.
[4] The UPB of our interest-only securities was $1.1 billion and the weighted average contractual interest we are entitled to receive was 5.52% of this amount as of December 31, 2011. The par value of our principal-only agency MBS strips was $40 million as of December 31, 2011