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Loan Sales and Variable Interest Entities - Summary of Credit Risk Transfer Agreements (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
During the year:      
Deposits of cash securing CRT Agreements $ 306,507 $ 147,446 $ 0
Carrying value of CRT Agreements:      
Deposits securing credit risk transfer agreements 450,059 147,000  
Interest-only security payable at fair value 4,114 0  
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure [Member] | Credit Risk Transfer Agreements [Member]      
During the year:      
UPB of mortgage loans sold under CRT Agreements 11,190,933 4,602,507  
Deposits of cash securing CRT Agreements 306,507 147,446  
Interest earned on Deposits securing CRT Agreements 930 0  
Gains recognized on CRT Agreements included in Net gain (loss) on investments      
Realized 21,298 1,831  
Resulting from valuation changes 15,316 (1,238)  
Gains (losses) recognized on gross derivative related to credit risk transactions 36,614 593  
Change in fair value of interest-only security payable at fair value (4,114) 0  
Gains (losses) recognized on net derivative related to credit risk transactions 32,500 593  
Payments made to settle losses 90 0  
UPB of mortgage loans subject to credit guarantee obligations 14,379,850 4,546,265  
Delinquency status (in UPB):      
Current—89 days delinquent 14,372,247 4,546,265  
90 or more days delinquent 5,711 0  
Foreclosure 1,892 0  
Carrying value of CRT Agreements:      
Deposits securing credit risk transfer agreements 450,059 147,000  
Interest-only security payable at fair value 4,114 0  
Commitments to fund Deposits securing credit risk transfer agreements 92,109 0  
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure [Member] | Credit Risk Transfer Agreements [Member] | Derivative Assets [Member]      
Carrying value of CRT Agreements:      
Derivative assets $ 15,610 $ 593