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Financial Guaranty Insurance Contracts (Details 9) (USD $)
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended 3 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2012
risk
Sep. 30, 2011
Sep. 30, 2012
risk
Sep. 30, 2011
Dec. 31, 2011
risk
Sep. 30, 2012
Minimum
Sep. 30, 2012
Maximum
Sep. 30, 2012
Bank of America Agreement [Member]
Sep. 30, 2012
Deutsche Bank Agreement [Member]
Sep. 30, 2012
Manufactured Housing Loans [Member]
Jun. 30, 2012
Manufactured Housing Loans [Member]
Sep. 30, 2012
Prime first lien
risk
Sep. 30, 2011
Prime first lien
Dec. 31, 2011
Prime first lien
risk
Sep. 30, 2012
Alt-A first lien
risk
Sep. 30, 2011
Alt-A first lien
Dec. 31, 2011
Alt-A first lien
risk
Sep. 30, 2012
Total first lien
loan
Sep. 30, 2012
Total first lien
Bank of America Agreement [Member]
Transaction
Sep. 30, 2012
Total first lien
Bank of America Agreement [Member]
Maximum
Sep. 30, 2012
Credit Default Swap [Member]
Bank of America Agreement [Member]
Transaction
Sep. 30, 2012
First Mortgage Option Adjustable Rate Mortgage [Member]
risk
Sep. 30, 2011
First Mortgage Option Adjustable Rate Mortgage [Member]
Dec. 31, 2011
First Mortgage Option Adjustable Rate Mortgage [Member]
risk
Sep. 30, 2012
Subprime
risk
Sep. 30, 2011
Subprime
Dec. 31, 2011
Subprime
risk
Sep. 30, 2012
Second lien
loan
Sep. 30, 2012
Closed end second lien and HELOCs
risk
Sep. 30, 2011
Closed end second lien and HELOCs
Dec. 31, 2011
Closed end second lien and HELOCs
risk
Sep. 30, 2012
HELOCs
risk
Sep. 30, 2011
HELOCs
Dec. 31, 2011
HELOCs
risk
Financial guarantee obligations                                                                    
Liability for Unpaid Claims and Claims Adjustment Expense Net Largest Single Loss                   $ 31,000,000 $ 26,000,000                                              
Estimated Period of Recoveries on Transactions Backed by Heloc and Closed End Second Lien Loans Not Subject to Bank of America or Deutsche Bank           2 years 4 years                                                      
Estimated Benefit From Loan Repurchases Related to Breaches of R and W Included in Net Expected Loss Estimates 1,100,000,000   1,100,000,000         471,000,000 660,000,000                                                  
Number of defaulted loan files reviewed                                   6,800                   34,200            
Outstanding par of defaulted loans reviewed                                   2,357,000,000                   2,593,000,000            
Number of loan files that breached one or more R&W                                   23,200                   11,000            
Amount of loans to be repurchased by providers                                   7,187,000,000                   812,000,000            
Amount of Liabilities Agreed Paid by Entities Providing R and Ws for Transactions Company Provided a Financial Guaranty 2,700,000,000                                                                  
Amount of Liabilities Agreed Paid Directly to the Company by Entities Providing R and Ws for Transactions the Company Provided a Financial Guaranty 2,100,000,000                                                                  
Cash Amount Already Received for Liabilities Agreed Paid by Entities Providing R and Ws for Transactions Company Provided a Financial Guaranty 1,571,000,000                                                                  
Cash Expected to be Received From Liabilities Agreed Paid by Entities Providing R and Ws for Transactions the Company Provided a Financial Guaranty 489,000,000   489,000,000                                                              
Amount of Liabilities Agreed Paid Into Relevant RMBS Financial Guaranty Transactions Entities Providing R and Ws to the Company for Financial Guaranty Transactions 607,000,000                                                                  
Salvage and subrogation recoverable                                                                    
For all Financial Guaranty Insurance Contracts 363,000,000   363,000,000   402,000,000                                                          
Effect of Consolidating FG VIEs (130,000,000)   (130,000,000)   (197,000,000)                                                          
Reported on Balance Sheet 233,000,000 [1]   233,000,000 [1]   205,000,000 [1]                                                          
Loss and LAE reserve                                                                    
For all Financial Guaranty Insurance Contracts 630,000,000   630,000,000   858,000,000                                                          
Effect of Consolidating FG VIEs (35,000,000)   (35,000,000)   (75,000,000)                                                          
Reported on Balance Sheet 595,000,000 [1]   595,000,000 [1]   783,000,000 [1]                                                          
Total                                                                    
Benefit for R&W 1,130,000,000 1,551,000,000 1,130,000,000 1,551,000,000               4,000,000 3,000,000   159,000,000 193,000,000           607,000,000 772,000,000   104,000,000 108,000,000     136,000,000 207,000,000   120,000,000 268,000,000  
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance                                                                    
Future Net R&W Benefit at the beginning of the period     1,435,000,000 1,601,000,000               3,000,000 1,000,000   203,000,000 81,000,000           714,000,000 309,000,000   101,000,000 27,000,000     224,000,000 179,000,000   190,000,000 1,004,000,000  
R&W Development and Accretion of Discount 12,000,000 159,000,000 83,000,000 930,000,000               1,000,000 2,000,000   23,000,000 112,000,000           50,000,000 531,000,000   3,000,000 81,000,000     0 37,000,000   6,000,000 167,000,000  
R&W Recovered     (388,000,000) [2] (980,000,000) [2]               0 0 [2]   67,000,000 0 [2]           (157,000,000) [2] 68,000,000   0 [2] 0 [2]     (88,000,000) [2] (9,000,000) [2]   (76,000,000) [2] 903,000,000  
Future Net R&W Benefit at the end of the period 1,130,000,000 1,551,000,000 1,130,000,000 1,551,000,000               4,000,000 3,000,000   159,000,000 193,000,000           607,000,000 772,000,000   104,000,000 108,000,000     136,000,000 207,000,000   120,000,000 268,000,000  
Gross R&W amounts recovered     411,000,000 1,108,000,000                                                            
Number of Risks as of the end of the period with R&W Benefit Recorded (in policies) 42 [3]   42 [3]   59 [3]             1 [3]   1 [3] 19 [3]   22 [3]         9 [3]   12 [3] 5 [3]   5 [3]   4 [3]   4 [3] 4 [3],[4]   15 [3],[4]
Debt Service of Policies with R&W Benefit Recorded as of the end of the period 3,586,000,000   3,586,000,000   7,480,000,000             36,000,000   42,000,000 1,414,000,000   1,733,000,000         912,000,000   1,460,000,000 813,000,000   906,000,000   237,000,000   361,000,000 174,000,000 [4]   2,978,000,000 [4]
Breakdown of the development and accretion amount                                                                    
Inclusion of new deals with breaches of R&W during period 0 1,000,000 (5,000,000) 108,000,000                                                            
Change in recovery assumptions as the result of additional file review and recovery success 0 43,000,000 70,000,000 242,000,000                                                            
Estimated increase (decrease) in defaults that will result in additional breaches 10,000,000 (23,000,000) 10,000,000 11,000,000                                                            
Results of settlements 0 130,000,000 0 560,000,000                                                            
Accretion of discount on balance 2,000,000 8,000,000 8,000,000 9,000,000                                                            
Total 12,000,000 159,000,000 83,000,000 930,000,000               1,000,000 2,000,000   23,000,000 112,000,000           50,000,000 531,000,000   3,000,000 81,000,000     0 37,000,000   6,000,000 167,000,000  
Additional information related to Representations and Warranties                                                                    
Number of transactions insured executed as financial guarantees                                     20   1                          
Cumulative collateral losses                                     2,800,000,000 6,600,000,000 100,000,000                          
Cumulative projected collateral losses                                     4,900,000,000   200,000,000                          
Recovery payments received     (388,000,000) [2] (980,000,000) [2]               0 0 [2]   67,000,000 0 [2]           (157,000,000) [2] 68,000,000   0 [2] 0 [2]     (88,000,000) [2] (9,000,000) [2]   (76,000,000) [2] 903,000,000  
Eligible assets in trust for payment of reimbursement                                     $ 1,000,000,000                              
[1] The remaining benefit for R&W is not recorded on the balance sheet until the expected loss, net of R&W, exceeds unearned premium reserve.
[2] Gross amounts recovered were $411 million and $1,108 million in Nine Months 2012 and 2011, respectively.
[3] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making debt service payments.
[4] The decline in number of HELOC risks and debt service relates to the final payment from Bank of America for covered HELOC transactions and due to fundings from an R&W provider.