Consolidated Statements of Financial Condition (Unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Assets [Abstract]
Cash and due from banks	$ 562,397	$ 355,819
Other interest-earning assets	43,967	156,607
Securities held for trading, at fair value	44,589	45,029
Securities available for sale, at fair value	671,451	1,505,065
Federal Home Loan Bank of NY ("FHLB") stock, at cost	74,565	78,087
Total investment securities	790,605	1,628,181
Loans [Abstract]
Loans held for sale, at lower of cost or market	301,934	319,269
Loans receivable	5,688,598	5,588,571
Less: Allowance for loan and lease losses	(93,472)	(123,652)
Total net loans receivable	5,595,126	5,464,919
Total loans, net	5,897,060	5,784,188
Accounts receivable	41,592	28,704
Mortgage Servicing Advances	54,011	51,462
Accrued interest receivable	37,244	38,774
Servicing assets, net	115,785	114,342
Premises and equipment, net	103,386	104,053
Real estate held for sale, net	101,499	100,273
Deferred tax asset ("DTA")	103,958	105,712
Other assets	164,192	178,239
Total assets	8,015,696	8,646,354
Deposits [Abstract]
Non-interest-bearing deposits	285,582	258,230
Other interest-bearing deposits	1,986,102	2,000,991
Brokered certificate of deposits	2,031,108	2,359,254
Total deposits	4,302,792	4,618,475
Securities sold under agreements to repurchase	442,300	1,176,800
Advances from FHLB	1,342,849	901,420
Loans payable	294,623	304,035
Notes payable	510,430	513,958
Accrued interest and other liabilities	258,442	269,471
Total liabilities	7,151,436	7,784,159
Preferred stock
Perpetual noncumulative nonconvertible preferred stock (Series A, B and C)	148,700	148,700
Perpetual cumulative convertible preferred stock	203,382	203,382
Common stock	1,273	1,273
Additional Paid in Capital	1,220,983	1,219,280
Legal surplus	23,596	23,596
Accumulated deficit	(735,229)	(738,199)
Accumulated other comprehensive income (loss), net of income tax	1,555	4,163
Total stockholders' equity	864,260	862,195
Total liabilities and stockholders' equity	$ 8,015,696	$ 8,646,354