Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Assets:
Agency securities, at fair value (including pledged securities of $44,089 and $48,380, respectively)	$ 46,328	$ 51,331
Agency securities transferred to consolidated variable interest entities, at fair value (pledged securities)	890	1,029
Non-agency securities, at fair value (pledged securities)	102	113
Credit risk transfer securities, at fair value	36	0
U.S. Treasury securities, at fair value (pledged securities)	45	25
REIT equity securities, at fair value	0	33
Cash and cash equivalents	1,254	1,110
Restricted cash and cash equivalents	681	1,281
Derivative assets, at fair value	61	81
Receivable for securities sold (pledged securities)	228	0
Receivable under reverse repurchase agreements	5,441	1,713
Goodwill and other intangible assets, net	555	0
Other assets	268	305
Total assets	55,889	57,021
Liabilities:
Repurchase Agreements	37,668	41,754
Federal Home Loan Bank advances	3,037	3,753
Debt of consolidated variable interest entities, at fair value	494	595
Payable for securities purchased	251	182
Derivative liabilities, at fair value	947	935
Dividends payable	66	74
Obligation to return securities borrowed under reverse repurchase agreements, at fair value	5,424	1,696
Accounts payable and other accrued liabilities	71	61
Total liabilities	47,958	49,050
Stockholders' equity:
Preferred stock - $0.01 par value; 10.0 shares authorized: Redeemable Preferred Stock; $0.01 par value; 6.9 shares issued and outstanding (aggregate liquidation preference of $348)	336	336
Common stock - $0.01 par value; 600.0 shares authorized; 331.0 and 337.5 shares issued and outstanding, respectively	3	3
Additional paid-in capital	9,932	10,048
Retained deficit	(3,350)	(2,350)
Accumulated other comprehensive income (loss)	1,010	(66)
Total stockholders' equity	7,931	7,971
Total liabilities and stockholders' equity	$ 55,889	$ 57,021