Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Assets:
Agency securities, at fair value (including pledged securities of $78,619 and $53,055, respectively)	$ 82,291	$ 55,506
Agency securities transferred to consolidated variable interest entities, at fair value (pledged securities)	436	662
Credit risk transfer securities, at fair value (including pledged securities of $141 and $0, respectively)	1,012	876
Non-Agency securities, at fair value (including pledged securities of $45 and $0, respectively)	548	36
U.S. Treasury securities, at fair value	46	0
REIT equity securities, at fair value	0	29
Cash and cash equivalents	921	1,046
Restricted cash and cash equivalents	599	317
Derivative assets, at fair value	273	205
Receivable for investment securities sold (pledged securities)	489	0
Receivable under reverse repurchase agreements	21,813	10,961
Goodwill and other intangible assets, net	526	551
Other assets	287	187
Total assets	109,241	70,376
Liabilities:
Repurchase Agreements	75,717	50,296
Debt of consolidated variable interest entities, at fair value	275	357
Payable for investment securities purchased	1,204	95
Derivative liabilities, at fair value	84	28
Dividends payable	106	80
Obligation to return securities borrowed under reverse repurchase agreements, at fair value	21,431	10,467
Accounts payable and other liabilities	518	299
Total liabilities	99,335	61,622
Stockholders' equity:
7.750% Series B Cumulative Redeemable Preferred Stock (aggregate liquidation preference of $175)	169	169
7.000% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (aggregate liquidation preference of $325)	315	315
Common stock - $0.01 par value; 900 and 600 shares authorized, respectively; 536.3 and 391.3 shares issued and outstanding, respectively	5	4
Additional paid-in capital	13,793	11,173
Retained deficit	(3,433)	(2,562)
Accumulated other comprehensive loss	(943)	(345)
Total stockholders' equity	9,906	8,754
Total liabilities and stockholders' equity	$ 109,241	$ 70,376