XML 49 R57.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies Narratives(Details) (USD $)
3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 36 Months Ended 12 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 0 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
contracts
Dec. 31, 2011
contracts
Dec. 31, 2010
Apr. 02, 2013
Dec. 31, 2009
Dec. 31, 2012
Out-of-Period Adjustment [Member]
Sep. 30, 2012
Out-of-Period Adjustment [Member]
Jun. 30, 2012
Out-of-Period Adjustment [Member]
Mar. 31, 2012
Out-of-Period Adjustment [Member]
Dec. 31, 2012
Out-of-Period Adjustment [Member]
Sep. 30, 2012
Loans Discharged with Bankruptcy Relief [Member]
Out-of-Period Adjustment [Member]
Dec. 31, 2012
Other Out of Period Adjustments [Member]
Out-of-Period Adjustment [Member]
Sep. 07, 2008
US Treasury [Member]
Dec. 31, 2012
US Treasury [Member]
Sep. 30, 2012
US Treasury [Member]
Dec. 31, 2012
US Treasury [Member]
Dec. 31, 2011
US Treasury [Member]
Dec. 31, 2012
US Treasury [Member]
Dec. 31, 2009
US Treasury [Member]
Dec. 31, 2012
US Treasury [Member]
Temporary Credit and Liquidity Facilities Program [Member]
Dec. 31, 2011
US Treasury [Member]
Temporary Credit and Liquidity Facilities Program [Member]
Dec. 31, 2012
US Treasury [Member]
New Issue Bond [Member]
Dec. 31, 2011
US Treasury [Member]
New Issue Bond [Member]
Dec. 31, 2012
Freddie Mac [Member]
Dec. 31, 2011
Freddie Mac [Member]
Dec. 31, 2010
Freddie Mac [Member]
Dec. 31, 2010
Ally [Member]
Jan. 31, 2013
GMAC Mortgage LLC [Member]
Sep. 30, 2012
Single-Family Loan Loss Reserve Models Update [Member]
Sep. 30, 2012
Single-Family Collectively Impaired Loan Loss Models Update [Member]
Sep. 30, 2012
Single-Family Individually Impaired Loan Loss Models Update [Member]
Jun. 30, 2012
Net OTTI [Member]
Sep. 30, 2011
TDR Accounting Guidance [Member]
Sep. 30, 2011
TDR Accounting Guidance [Member]
contracts
Sep. 08, 2008
Series 2008-2 Senior Preferred Stock [Member]
Dec. 31, 2012
Series 2008-2 Senior Preferred Stock [Member]
Accounting Policies [Abstract]                                                                                        
Number of days of net worth deficit requiring FHFA to place us into receivership 60 days               60 days                                                                      
Related Parties [Line Items]                                                                                        
Shares of variable liquidation preference senior preferred stock issued                                                                                     1,000,000  
Maximum commitment from US Treasury pursuant to the senior preferred stock purchase agreement                                                     $ 200,000,000,000                               $ 100,000,000,000  
Total available funding from US Treasury pursuant to the senior preferred stock agreement after 2012                                           117,600,000,000   117,600,000,000   117,600,000,000 124,800,000,000                                  
Net worth 7,224,000,000       (4,571,000,000)       7,224,000,000 (4,571,000,000) (2,517,000,000)   (11,983,000,000)                                                              
Aggregate funding received from US Treasury pursuant to the senior preferred stock purchase agreement during period                                                   40,900,000,000                                    
Aggregate funding received from US Treasury pursuant to the senior preferred stock purchase agreement                       116,100,000,000                   116,100,000,000   116,100,000,000   116,100,000,000                                    
Initial aggregate liquidation preference of senior preferred stock held by US Treasury                                           1,000,000,000   1,000,000,000   1,000,000,000                                    
Aggregate liquidation preference of senior preferred stock                                           117,100,000,000   117,100,000,000   117,100,000,000                                 1,000,000,000  
Senior preferred stock annual dividend rate                                               10.00%                                       10.00% [1]
Capital reserve amount for the next fiscal year based on the amended Senior Preferred Stock Purchase agreement 3,000,000,000               3,000,000,000                         3,000,000,000   3,000,000,000   3,000,000,000                                    
Annual reduction of capital reserve from 2013 to 2018 based on the Senior Preferred Stock Purchase Agreement, Amendment 600,000,000               600,000,000                         600,000,000   600,000,000   600,000,000                                    
Percentage of common shares attributable to warrants issued to Treasury as a percentage to total diluted common shares upon exercise of the right 79.90%               79.90%                       79.90% 79.90%   79.90%   79.90%                                    
Common stock warrant exercise price per share                                         0.00001                                              
Fair value of the warrant at issuance                                         3,500,000,000                                              
Home Affordable Modification Program administrative expense reimbursements                 96,000,000 106,000,000 167,000,000                                                                  
Proceeds from income tax refunds                   1,100,000,000                             1,100,000,000                                      
Income tax benefit recognized from our settlement of 2007 and 2008 tax years with the IRS                                                 90,000,000                                      
Principal and interest outstanding                                                       1,600,000,000 3,000,000,000 6,100,000,000 7,500,000,000                          
Percentage of initial principal loss US Treasury will bear for Temporary Credit and Liquidity Facilities and New Issue Bond Programs                                           35.00%   35.00%   35.00%                                    
Loss of principal or interest under Treasury's Temporary Credit and Liquid Facilities and New Issue Bond Programs                                           0   0   0                                    
Increase of guarantee fee rate resulting from the Temporary Payroll Tax Cut Continuation Act of 2011.                                           0.10%   0.10%   0.10%                                    
TCCA guaranty fee                                           134,000,000   238,000,000                                        
TCCA guaranty fee remitted                                             104,000,000                                          
Fair value of mortgage-backed securities                                                               12,200,000,000 15,600,000,000                      
Interest receivable 9,176,000,000       10,000,000,000       9,176,000,000 10,000,000,000                                           51,000,000 69,000,000                      
Investment income, interest                                                               551,000,000 700,000,000 1,100,000,000                    
Amount received in exchange for our release of specified Ally affiliates from certain potential liability                                                                     462,000,000 265,000,000                
Increase of provision (increase of benefit) for credit losses (1,890,000,000) [2] 2,079,000,000 [2] (3,041,000,000) [2] 2,000,000,000 [2] 5,476,000,000 4,151,000,000 6,537,000,000 10,554,000,000 (852,000,000) 26,718,000,000 24,896,000,000     172,000,000 850,000,000 503,000,000 548,000,000 2,100,000,000 850,000,000 1,200,000,000                               (173,000,000)                
Change in Accounting Estimate [Abstract]                                                                                        
Increase (decrease) to the allowance for loan losses and provision for credit losses                                                                         3,500,000,000 (1,500,000,000) 5,000,000,000   514,000,000      
Increase in other-than-temporary impairment expense due to change in assumptions used to project cash flow estimate on Alt-A and subprime private-label securities                                                                               500,000,000        
Number of loans troubled debt restructurings activity                 337,409 208,911                                                               22,000    
Maximum term of early lender funding advances                 60 days                                                                      
Securities Received as Collateral [Abstract]                                                                                        
Collateral held on reverse repurchase agreements 45,800,000,000       49,500,000,000       45,800,000,000 49,500,000,000                                                                    
Fair value of non-cash collateral 46,200,000,000       50,100,000,000       46,200,000,000 50,100,000,000                                                                    
Fair value of non-cash collateral that can be sold or repledged 25,000,000,000       20,000,000,000       25,000,000,000 20,000,000,000                                                                    
Fair value of securities received as collateral that have been sold or repledged $ 0       $ 0       $ 0 $ 0                                                                    
[1] Rate effective September 9, 2008 through December 31, 2012.
[2] Includes out-of-period adjustments of $548 million, $503 million, $850 million, and $172 million which increased our provision for credit losses for the three months ended March 31, 2012, June 30, 2012, September 30, 2012, and December 31, 2012, respectively.