Other Assets (Tables)

3 Months Ended

Mar. 31, 2014

Other Assets

Schedule of other assets

	March 31,		December 31,
	2014		2013
	(In millions)
Mortgage loans in foreclosure, net	$	165	$	172
Repurchase eligible loans(1)	90		94
Real estate owned, net	55		51
Derivatives	44		48
Deferred financing costs	38		38
Equity method investments	34		37
Intangible assets	28		29
Other	55		53
Total	$	509	$	522

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(1) Repurchase eligible loans represent mortgage loans sold pursuant to Government National Mortgage Association programs where the Company as servicer has the unilateral option to repurchase the loan if certain criteria are met, including if a loan is greater than 90 days delinquent.  Regardless of whether the repurchase option has been exercised, the Company must recognize eligible loans within Other assets and a corresponding repurchase liability within Accounts payable and accrued expenses in the Condensed Consolidated Balance Sheets.