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Financial Guaranty Insurance Contracts (Details 6)
9 Months Ended
Sep. 30, 2011
Total first lien
Y
M
transaction
loan
Sep. 30, 2011
Alt-A first lien, Option ARM and Prime
Jun. 30, 2011
Alt-A first lien, Option ARM and Prime
Mar. 31, 2011
Alt-A first lien, Option ARM and Prime
Dec. 31, 2010
Alt-A first lien, Option ARM and Prime
Sep. 30, 2011
Subprime
Jun. 30, 2011
Subprime
Mar. 31, 2011
Subprime
Dec. 31, 2010
Subprime
Financial guarantee obligations         
Minimum percentage for categorizing an Option ARM (as a percent)66.00%        
Projected period of loan liquidations (in years)2        
Liquidation rate for 30 - 59 days delinquent category (as a percent) 50.00%50.00%50.00%50.00%45.00%45.00%45.00%45.00%
Liquidation rate for 60 - 89 days delinquent category (as a percent) 65.00%65.00%65.00%65.00%65.00%65.00%65.00%65.00%
Liquidation rate for 90 - bankruptcy delinquent category (as a percent) 75.00%75.00%75.00%75.00%70.00%70.00%70.00%70.00%
Liquidation rate for foreclosure category (as a percent) 85.00%85.00%85.00%85.00%85.00%85.00%85.00%85.00%
Liquidation rate for real estate owned (as a percent) 100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Period for constant conditional default rate (in months)24        
Period from plateau to intermediate conditional default rate (in months)12        
Intermediate conditional default rate as a percentage of plateau conditional default rate (as a percent)15.00%        
Period of constant intermediate conditional default rate (in months)36        
Final conditional default rate as a percentage of plateau conditional default rate (as a percent)5.00%        
Period for which estimated defaults are attributed to loans currently delinquent or in foreclosure (in months)24        
Period after which estimated defaults are attributed to currently performing borrowers (in months)24        
Period for decline in loss severity (in years)2        
Loss severity (as a percent)40.00%