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Consolidated Statements Of Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income:                      
Interest income $ 570 $ 520 $ 504 $ 514 $ 353 $ 327 $ 265 $ 165 $ 2,109 $ 1,109 $ 253
Interest expense 147 139 120 106 91 94 65 36 512 285 76
Net interest income 423 381 384 408 262 233 200 129 1,597 824 177
Other income, net:                      
Gain on sale of agency securities, net 353 210 417 216 112 263 94 4 1,196 473 92
(Loss) gain on derivative instruments and other securities, net 89 (460) (1,029) 47 (137) (222) (100) 12 (1,353) (447) 38
Total other income, net 442 (250) (612) 263 (25) 41 (6) 16 (157) 26 130
Expenses:                      
Management fees 31 32 28 22 18 16 12 8 113 55 11
General and administrative expenses 9 8 8 6 6 6 5 3 31 19 8
Total expenses 40 40 36 28 24 22 17 11 144 74 19
Income before income tax 825 91 (264) 643 213 252 177 134 1,296 776 288
Income tax benefit, net 15 5 (3) 2 5 1 0 0 19 6 0
Net income 810 86 (261) 641 208 251 177 134 1,277 770 288
Dividend on preferred stock 3 3 3 0         10 0 0
Comprehensive income available to common shareholders 123 1,324 477 587         2,511 1,149 200
Net (loss) income (attributable) available to common shareholders 807 83 (264) 641         1,267 770 288
Other comprehensive income (loss):                      
Unrealized gain (loss) on available-for-sale securities, net   1,190 689 (106) 216 535 319 (41) 1,039 1,029 (64)
Unrealized (loss) gain on derivative instruments, net   51 52 52 54 (513) (252) 61 205 (650) (24)
Other comprehensive income (loss) (684) 1,241 741 (54) 270 22 67 20 1,244 379 (88)
Comprehensive income $ 126 $ 1,327 $ 480 $ 587 $ 478 $ 273 $ 244 $ 154 $ 2,521 $ 1,149 $ 200
Weighted average number of common shares outstanding-basic and diluted 340.3 332.8 301.0 240.6 210.3 180.7 130.5 90.3 303.9 153.3 36.5
Net income per common share - basic and diluted $ 2.37 $ 0.25 $ (0.88) $ 2.66 $ 0.99 $ 1.39 $ 1.36 $ 1.48 $ 4.17 $ 5.02 $ 7.89
Comprehensive income per share - basic and diluted $ 0.36 $ 3.98 $ 1.58 $ 2.44 $ 2.27 $ 1.51 $ 1.87 $ 1.71 $ 8.26 $ 7.50 $ 5.49
Dividends declared per common share $ 1.25 $ 1.25 $ 1.25 $ 1.25 $ 1.40 $ 1.40 $ 1.40 $ 1.40 $ 5.00 $ 5.60 $ 5.60