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Loss Reserves (Details) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Dec. 31, 2009
Loss Reserve [Roll Forward]            
Reserve at beginning of period     $ 5,884,171,000 $ 6,704,990,000 $ 6,704,990,000  
Less reinsurance recoverables     275,290,000 332,227,000 332,227,000  
Net reserve at beginning of year     5,608,881,000 [1] 6,372,763,000 [1] 6,372,763,000 [1]  
Losses and LAE incurred in respect of default notices received in [Abstract]            
Current year     855,253,000 894,282,000    
Prior years     (85,270,000) [2] (119,694,000) [2]    
Subtotal     769,983,000 [3] 774,588,000 [3]    
Losses and LAE paid in respect of default notices received in [Abstract]            
Current year     8,330,000 2,250,000    
Prior years     1,496,727,000 1,095,898,000    
Reinsurance terminations     (2,925,000) [4] (184,000) [4]    
Subtotal     1,502,132,000 [5] 1,097,964,000 [5]    
Net reserve at end of period 4,876,732,000 [6] 6,049,387,000 [6] 4,876,732,000 [6] 6,049,387,000 [6] 5,608,881,000 [1] 6,372,763,000 [1]
Plus reinsurance recoverables 206,170,000 339,542,000 206,170,000 339,542,000 275,290,000 332,227,000
Reserve at end of period 5,082,902,000 6,388,929,000 5,082,902,000 6,388,929,000 5,884,171,000 6,704,990,000
Losses incurred [Abstract]            
Number of new default notices received, net of cures     1,696 5,074    
Change in loss reserves     85,000,000 120,000,000    
Losses paid [Abstract]            
Historical average period for an uncured default to develop into a paid claim (in months)     12      
Premium refund liability, expected claim payments 112,000,000   112,000,000   113,000,000  
Premium refund liability, expected future rescissions 75,000,000   75,000,000   101,000,000  
Pool insurance notice inventory [Abstract]            
Pool insurance notice inventory (in number of loans) 36,552 42,872 36,552 42,872 43,329  
Aging of the Primary Default Inventory [Abstract]            
3 months or less 30,107 35,838 30,107 35,838 37,640  
3 months or less (in hundredths) 16.00% 16.00% 16.00% 16.00% 18.00%  
4 - 11 months 48,148 71,089 48,148 71,089 58,701  
4 - 11 months (in hundredths) 26.00% 31.00% 26.00% 31.00% 27.00%  
12 months or more 106,197 121,528 106,197 121,528 118,383  
12 months or more (in hundredths) 58.00% 53.00% 58.00% 53.00% 55.00%  
Total primary default inventory 184,452 228,455 184,452 228,455 214,724 250,440
Total primary default inventory (in hundredths) 100.00% 100.00% 100.00% 100.00% 100.00%  
Loans in our default inventory in our claims received inventory 14,504 19,724 14,504 19,724 20,898  
Loans in our default inventory in our claims received inventory (in hundredths) 8.00% 9.00% 8.00% 9.00% 10.00%  
Number of payments delinquent [Abstract]            
3 payments or less 40,968 49,308 40,968 49,308 51,003  
3 payments or less (in hundredths) 22.00% 22.00% 22.00% 22.00% 24.00%  
4 - 11 payments 51,523 80,224 51,523 80,224 65,797  
4 - 11 payments (in hundredths) 28.00% 35.00% 28.00% 35.00% 31.00%  
12 payments or more 91,961 98,923 91,961 98,923 97,924  
12 payments or more (in hundredths) 50.00% 43.00% 50.00% 43.00% 45.00%  
Total primary default inventory 184,452 228,455 184,452 228,455 214,724 250,440
Total primary default inventory (in hundredths) 100.00% 100.00% 100.00% 100.00% 100.00%  
Estimated Rescission Reduction - Loss Reserve [Roll Forward]            
Estimated rescission reduction - beginning reserve 1,100,000,000 2,400,000,000 1,300,000,000 2,100,000,000 2,100,000,000  
Estimated rescission reduction - losses incurred 0 0 0 600,000,000    
Rescission reduction - paid claims 200,000,000 200,000,000 400,000,000 600,000,000    
Amounts that may have been applied to a deductible 0 (100,000,000) 0 (200,000,000)    
Net rescission reduction - paid claims 200,000,000 100,000,000 400,000,000 400,000,000 1,200,000,000 1,200,000,000
Estimated rescission reduction - ending reserve 900,000,000 2,300,000,000 900,000,000 2,300,000,000 1,300,000,000 2,100,000,000
Primary Default Inventory [Roll Forward]            
Default inventory at beginning of period 195,885 241,244 214,724 250,440 250,440  
Plus: New Notices 39,972 48,181 83,167 101,574    
Less: Cures (35,832) (47,290) (81,471) (96,500)    
Less: Paids (including those charged to a deductible or captive) (13,553) (10,653) (27,019) (19,847)    
Less: Rescissions and denials (2,020) (3,027) (4,949) (7,212)    
Default inventory at end of period 184,452 228,455 184,452 228,455 214,724 250,440
Decrease in Estimated Loss Adjustment Expenses [Member]
           
Losses incurred [Abstract]            
Change in loss reserves     80,000,000      
Increase (Decrease) in Severity, Primary Defaults [Member]
           
Losses incurred [Abstract]            
Change in loss reserves     (80,000,000) 150,000,000    
Percentage of prior year default inventory resolved (in hundredths)     37.00%      
Increase (Decrease) in Expected Claim Rate [Member]
           
Losses incurred [Abstract]            
Change in loss reserves     65,000,000 (330,000,000)    
Percentage of prior year default inventory resolved (in hundredths)       34.00%    
Increase Related to Pool Reserves and Reinsurance [Member]
           
Losses incurred [Abstract]            
Change in loss reserves     10,000,000      
Increase (Decrease) in Severity, Pool Defaults [Member]
           
Losses incurred [Abstract]            
Change in loss reserves       50,000,000    
Decrease Related to LAE Reserves and Reinsurance [Member]
           
Losses incurred [Abstract]            
Change in loss reserves       $ 10,000,000    
[1] At December 31, 2010 and 2009, the estimated reduction in loss reserves related to rescissions approximated $1.3 billion and $2.1 billion, respectively.
[2] A negative number for prior year losses incurred indicates a redundancy of prior year loss reserves, and a positive number for prior year losses incurred indicates a deficiency of prior year loss reserves.
[3] Rescissions did not have a material impact on incurred losses in the six months ended June 30, 2011. Rescissions mitigated our incurred losses by an estimated $0.6 billion in the six months ended June 30, 2010.
[4] In a termination, the reinsurance agreement is cancelled, with no future premium ceded and funds for any incurred but unpaid losses transferred to us. The transferred funds result in an increase in our investment portfolio (including cash and cash equivalents) and a decrease in net losses paid (reduction to losses incurred). In addition, there is an offsetting decrease in the reinsurance recoverable (increase in losses incurred), and thus there is no net impact to losses incurred.
[5] Rescissions mitigated our paid losses by an estimated $0.4 billion in each of the six months ended June 30, 2011 and 2010, which excludes amounts that may have been applied to a deductible.
[6] At June 30, 2011 and 2010, the estimated reduction in loss reserves related to rescissions approximated $0.9 billion and $2.3 billion, respectively.