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Schedule of details regarding subprime mortgage loans (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||||
|---|---|---|---|---|---|
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Dec. 31, 2012
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Dec. 31, 2012
Subprime Portfolio I
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Dec. 31, 2011
Subprime Portfolio I
Restated
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Dec. 31, 2012
Subprime Portfolio II
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Dec. 31, 2011
Subprime Portfolio II
Restated
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| Loan unpaid principal balance (UPB) | $ 988,441 | $ 423,872 | $ 564,569 | ||
| Weighted average coupon rate of loans | 5.59% | 4.71% | |||
| Delinquencies of 60 or more days (UPB) (B) | 109,213 | 200,253 | |||
| Net credit losses for the year | 27,548 | 29,460 | 34,866 | 54,217 | |
| Cumulative net credit losses | 220,417 | 256,719 | |||
| Cumulative net credit losses as a % of original UPB | 14.70% | 23.60% | |||
| Percentage of ARM loans (C) | 51.00% | 64.40% | |||
| Percentage of loans with original loan-to-value ratio >90% | 10.40% | 17.20% | |||
| Percentage of interest-only loans | 20.80% | 4.10% | |||
| Face amount of debt (A)(D) | $ 418,906 | $ 564,569 | |||
| Weighted average funding cost of debt (E) | 0.57% | 1.10% | |||
| X | ||||||||||
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- Definition
Cumulative credit losses on subprime securitized mortgage loans. No definition available.
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- Definition
Amount of securitized subprime mortgage loans that have delinquiencies (i.e. payments past due) of 60 or more days. No definition available.
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- Definition
Total amount of stated debt on subprime mortgage loans. No definition available.
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- Definition
The percentage of cumulative credit losses to the original loan unpaid principal balance on subprime securitized mortgage loans. No definition available.
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- Definition
Percentage of securitized subprime loans that are adjustable-rate mortgage loans (ARM loans). No definition available.
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- Definition
Percentage of securitized subprime loans that are interest-only loans. No definition available.
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- Definition
Percentage of securitized subprime loans with an original loan to value ratio greater than 90%.. No definition available.
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| X | ||||||||||
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- Definition
The unpaid principal balance on subprime mortgage loans that have been securitized. No definition available.
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| X | ||||||||||
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- Definition
Net credit losses for the period on subprime securitized mortgage loans. No definition available.
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| X | ||||||||||
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- Definition
Weighted average of all coupon rates for all securitized subprime mortgage loans. No definition available.
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| X | ||||||||||
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- Definition
Weighted average of all funding costs for all securitized subprime mortgage loans. No definition available.
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