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Loss Reserves (Details) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended 36 Months Ended
Sep. 30, 2013
Loan
Sep. 30, 2012
Loan
Sep. 30, 2013
Loan
Sep. 30, 2012
Loan
Dec. 31, 2012
Loan
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Loan
Loss Reserve [Roll Forward]                
Reserve at beginning of period     $ 4,056,843,000 $ 4,557,512,000 $ 4,557,512,000      
Less reinsurance recoverable     104,848,000 154,607,000 154,607,000      
Net reserve at end of period 3,282,373,000 [1] 3,886,142,000 [1] 3,282,373,000 [1] 3,886,142,000 [1] 3,951,995,000 [2]     4,402,905,000 [2]
Losses and LAE incurred in respect of default notices related to:                
Current year     686,454,000 1,091,326,000        
Prior years     (43,783,000) [3] 287,291,000 [3]        
Subtotal     642,671,000 [4] 1,378,617,000 [4]        
Losses and LAE paid in respect of default notices related to:                
Current year     28,792,000 54,813,000        
Prior years     1,286,833,000 1,840,992,000        
Reinsurance terminations     (3,332,000) [5] (425,000) [5]        
Subtotal     1,312,293,000 [6] 1,895,380,000 [6]        
Net reserve at end of period 3,282,373,000 [1] 3,886,142,000 [1] 3,282,373,000 [1] 3,886,142,000 [1] 3,951,995,000 [2]     4,402,905,000 [2]
Plus reinsurance recoverables 70,621,000 117,859,000 70,621,000 117,859,000 104,848,000     154,607,000
Reserve at end of period 3,352,994,000 4,004,001,000 3,352,994,000 4,004,001,000 4,056,843,000     4,557,512,000
Loss reserve reduction from rescission 100,000,000 500,000,000 100,000,000 500,000,000 200,000,000     700,000,000
Paid losses mitigated by rescission amount     100,000,000 200,000,000        
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]                
Change in loss reserves     (44,000,000) [7] 287,000,000 [7]        
Historical average period for uncured default to develop into paid claim     12 months          
Premium refund liability, expected claim payments 145,000,000   145,000,000   134,000,000      
Primary Default Inventory [Roll Forward]                
Default inventory at the beginning of period 117,105 153,990 139,845 175,639 175,639      
New Notices 27,755 34,432 81,044 101,454        
Cures (24,105) (27,384) (80,677) (90,896)        
Paids (including those charged to a deductible or captive) (8,659) (11,344) (27,155) (34,991)        
Rescissions and denials (509) (809) (1,470) (2,321)        
Default inventory at end of period 111,587 148,885 111,587 148,885 139,845     175,639
Loss Contingencies [Line Items]                
Number of rescindable loans affected by Company's decision to suspend rescissions for customers settlement agreement probable 540   540          
Total potential claim payments of rescindable loans affected by Company's decision to suspend rescissions for customers settlement agreements probable 38,000,000   38,000,000          
Number of rescindable loans affected by Company's decision to suspend rescissions for all other customers 85   85          
Total potential claim payments of rescindable loans affected by Company's decision to suspend rescissions for all other customers 5,000,000   5,000,000          
Pool insurance notice inventory [Abstract]                
Pool insurance notice inventory (in number of loans) 6,821 9,337 6,821 9,337 8,594      
Aging of the Primary Default Inventory [Abstract]                
3 months or less 20,144 25,593 20,144 25,593 23,282      
3 months or less (in hundredths) 18.00% 17.00% 18.00% 17.00% 17.00%      
4 - 11 months 24,138 35,029 24,138 35,029 34,688      
4 - 11 months (in hundredths) 22.00% 24.00% 22.00% 24.00% 25.00%      
12 months or more 67,305 88,263 67,305 88,263 81,875      
12 months or more (in hundredths) 60.00% 59.00% 60.00% 59.00% 58.00%      
Total primary default inventory 111,587 148,885 111,587 148,885 139,845     175,639
Total primary default inventory (in hundredths) 100.00% 100.00% 100.00% 100.00% 100.00%      
Primary claims received inventory included in ending default inventory 9,858 [8] 12,508 [8] 9,858 [8] 12,508 [8] 11,731 [8]      
Primary claims received inventory included in ending default inventory (in hundredths) 9.00% [8] 8.00% [8] 9.00% [8] 8.00% [8] 8.00% [8]      
Number of payments delinquent [Abstract]                
3 payments or less 28,777 35,130 28,777 35,130 34,245      
3 payments or less (in hundredths) 26.00% 24.00% 26.00% 24.00% 24.00%      
4 - 11 payments 25,089 36,359 25,089 36,359 34,458      
4 - 11 payments (in hundredths) 22.00% 24.00% 22.00% 24.00% 25.00%      
12 payments or more 57,721 77,396 57,721 77,396 71,142      
12 payments or more (in hundredths) 52.00% 52.00% 52.00% 52.00% 51.00%      
Total primary default inventory 111,587 148,885 111,587 148,885 139,845     175,639
Total primary default inventory (in hundredths) 100.00% 100.00% 100.00% 100.00% 100.00%      
Claims resolved by rescissions [Abstract]                
Mitigation of paid losses by rescission of policies     100,000,000   300,000,000     3,000,000,000
Percentage of claims received in a quarter resolved by rescission, lower range limit (in hundredths)     5.00%          
Percentage of claims received in a quarter resolved by rescission, upper range limit (in hundredths)     28.00%          
Estimated Rescission Reduction - Loss Reserve [Roll Forward]                
Estimated rescission reduction - losses incurred         (200,000,000) 200,000,000 2,500,000,000  
Estimated rescission reduction - ending reserve 100,000,000   100,000,000   200,000,000      
Rescissions dispute period not ended (in hundredths) 32.00%   32.00%          
Premium refund liability, expected future rescissions 15,000,000   15,000,000   18,000,000      
Statute of limitations to bring legal proceedings disputing right to rescind coverage     3 years          
Countrywide Home Loans [Member] | Pending Litigation [Member]
               
Loss Contingencies [Line Items]                
Number of rescindable loans affected by Company's decision to suspend rescissions for Countrywide 800   800          
Total potential claim payments of rescindable loans affected by Company's decision to suspend rescissions for Countrywide 70,000,000   70,000,000          
Bank of America NA [Member] | Pending Litigation [Member]
               
Loss Contingencies [Line Items]                
Number of rescindable loans affected by Company's decision to suspend rescissions for Countrywide 2,100   2,100          
Total potential claim payments of rescindable loans affected by Company's decision to suspend rescissions for Countrywide 150,000,000   150,000,000          
Increase (Decrease) in Estimated Claim Rate On primary Defaults [Member]
               
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]                
Change in loss reserves     10,000,000 [7] 300,000,000 [7]        
Percentage of prior year default inventory resolved (in hundredths)     48.00% 46.00%        
Increase (Decrease) in Estimated Severity, Primary Defaults [Member]
               
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]                
Change in loss reserves     (40,000,000) [7] 0 [7]        
Change In Estimates Related to Pool Reserves, LAE Reserves and Reinsurance [Member]
               
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]                
Change in loss reserves     $ (14,000,000) [7] $ (13,000,000) [7]        
[1] At September 30, 2013 and 2012, the estimated reduction in loss reserves related to rescissions approximated $0.1 billion and $0.5 billion, respectively.
[2] At December 31, 2012 and 2011, the estimated reduction in loss reserves related to rescissions approximated $0.2 billion and $0.7 billion, respectively.
[3] 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.
[4] Rescissions did not have a significant impact on incurred losses in the nine months ended September 30, 2013 or 2012.
[5] 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.
[6] Rescissions mitigated our paid losses by an estimated $0.1 billion and $0.2 billion in the nine months ended September 30, 2013 and 2012, respectively, which excludes amounts that may have been applied to a deductible.
[7] A negative number for prior year loss development indicates a redundancy of prior year loss reserves, and a positive number indicates a deficiency of prior year loss reserves.
[8] Our claims received inventory includes suspended rescission as discussed in Note 5 – “Litigation and Contingencies.” In connection with the Countrywide proceedings, we have voluntarily suspended rescissions of coverage related to loans that we believed would be included in a potential resolution. As of September 30, 2013, coverage on approximately 2,100 loans under the agreement with BANA, representing total potential claim payments of approximately $150 million and 800 loans under the agreement with CHL, representing total potential claims payments of approximately $70 million, that we had determined was rescindable was affected by our decision to suspend such rescissions. Substantially all of these potential rescissions relate to claims received beginning in the first quarter of 2011 or later. As of September 30, 2013, coverage on approximately 540 loans, representing total potential claim payments of approximately $38 million, was affected by our decision to suspend rescissions for other customers for which we also consider settlement probable. In addition, as of September 30, 2013, coverage on approximately 85 loans, representing total potential claim payments of approximately $5 million, was affected by our decision to suspend rescissions for customers other than those for which we consider settlement probable, as defined in ASC 450-20.