Securitization Activities (Tables)

9 Months Ended

Aug. 31, 2013

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Activity Related to Securitizations Accounted for as Sales

The following table presents activity related to our securitizations that were accounted for as sales in which we had continuing involvement (in millions):

	Successor				Predecessor
	Three Months Ended August 31, 2013		Six Months Ended August 31, 2013		Three Months Ended February 28, 2013		Three Months Ended August 31,  2012		Nine Months Ended August 31, 2012
Transferred assets	$	918.4	$	3,102.4	$	2,735.2	$	2,132.3	$	7,070.9
Proceeds on new securitizations		921.5		3,112.5		2,751.3		2,375.0		7,654.1
Net revenues		1.7		6.5		12.9		2.4		16.5
Cash flows received on retained interests	$	13.0	$	24.2	$	32.3	$	19.7	$	44.6

Summary of Retained Interests in SPEs

The following tables summarize our retained interests in SPEs where we transferred assets and have continuing involvement and received sale accounting treatment (in millions):

	Successor
	As of August 31, 2013
Securitization Type	Total Assets			Retained Interests
U.S. government agency residential mortgage-backed securities	$	7,056.5		$	362.8	(1)
U.S. government agency commercial mortgage-backed securities		2,263.3			102.3	(1)
Collateralized loan obligations		1,191.5	(2)		13.8	(2)

(1) A portion of these securities have been subsequently sold in secondary-market transactions to third parties. As of September 23, 2013, we continue to hold approximately $285.0 million and $91.0 million of these Residential mortgage-backed securities and Commercial mortgage-backed securities, respectively, in inventory.

(2) Total assets include assets transferred by unrelated transferors. Retained interests at September 23, 2013 was $9.3 million.

	Predecessor
	As of November 30, 2012
Securitization Type	Total Assets		Retained Interests
U.S. government agency residential mortgage-backed securities	$	3,791.5	$	335.2	(1)
U.S. government agency commercial mortgage-backed securities		2,193.4		28.9	(1)

(1) A significant portion of these securities have been subsequently sold in secondary-market transactions to third parties. As of September 23, 2013, we continue to hold approximately $57.9 million and $13.0 million of these Residential mortgage-backed securities and Commercial mortgage-backed securities, respectively, in inventory.