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Consolidation of Variable Interest Entities (Details) (USD $)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended 6 Months Ended 3 Months Ended
Sep. 30, 2013
Entity
Sep. 30, 2012
Jun. 30, 2013
Entity
Sep. 30, 2013
Entity
Sep. 30, 2012
Entity
Dec. 31, 2012
Entity
Jun. 30, 2013
Flagstar
Jun. 30, 2012
AGC R&W Benefits From Deutsche Bank Settlement
Sep. 30, 2013
Total first lien
Entity
Dec. 31, 2012
Total first lien
Entity
Sep. 30, 2013
Second lien
Entity
Dec. 31, 2012
Second lien
Entity
Sep. 30, 2013
Other VIE with recourse
Entity
Dec. 31, 2012
Other VIE with recourse
Entity
Consolidated VIEs                            
Net fair value gains and losses on FG VIEs are expected to reverse to zero at maturity of the VIE debt $ 0     $ 0                    
Number of VIE that did not require consolidation 1,000     1,000                    
Consolidated Variable Interest Entities [Roll Forward]                            
Number of FG VIEs, beginning of period     33 33 33 33                
Variable Interest Entity, Number of Entities to be Consolidated       11 [1]   2 [1]                
Variable Interest Entity, Number of Entities to be Deconsolidated 1 [1]   2 [1] (3) [1]   0 [1]                
Variable Interest Entity Number Matured       (1)   (2)                
Number of FG VIEs, end of period 40     40   33                
Variable Interest Entity Consolidation Gain or Loss       7,000,000   6,000,000                
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]                            
Number of days VIEs' assets were past due (in days) 90 days                          
Total unpaid principal balance for the VIEs' assets that were over 90 days or more past due 791,000,000     791,000,000                    
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' Assets 2,117,000,000     2,117,000,000                    
Change in the instrument specific credit risk of the VIEs' assets 83,000,000 65,000,000   252,000,000 235,000,000                  
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' liabilities 1,725,000,000     1,725,000,000                    
VIE's with recourse 40     40   33     25 14 14 16 1 3
VIE's without recourse 0     0   0                
Number of FG VIEs 40     40   33                
Assets 2,515,000,000     2,515,000,000   2,688,000,000     620,000,000 618,000,000 456,000,000 633,000,000 358,000,000 350,000,000
Total with recourse , Assets 1,434,000,000     1,434,000,000   1,601,000,000                
Without recourse, Assets 1,081,000,000     1,081,000,000   1,087,000,000                
Liabilities 2,875,000,000     2,875,000,000   3,141,000,000     799,000,000 825,000,000 671,000,000 915,000,000 358,000,000 350,000,000
Financial guaranty variable interest entities’ liabilities with recourse, at fair value 1,828,000,000     1,828,000,000   2,090,000,000                
Financial guaranty variable interest entities’ liabilities without recourse, at fair value 1,047,000,000     1,047,000,000   1,051,000,000                
Contractual Maturity                            
Unpaid principal for FG VIEs’ liabilities with recourse (1) 2,385,000,000 [2]     2,385,000,000 [2]   2,808,000,000 [2]                
Net change in fair value of financial guaranty variable interest entities:                            
Net earned premiums (14,000,000) (17,000,000)   (47,000,000) (50,000,000)                  
Net investment income (3,000,000) (3,000,000)   (10,000,000) (9,000,000)                  
Net realized investment gains (losses) 0 0   2,000,000 4,000,000                  
Fair value gains (losses) on FG VIEs 40,000,000 34,000,000   253,000,000 161,000,000   213,000,000 163,000,000            
Loss and LAE 11,000,000 2,000,000   26,000,000 14,000,000                  
Total pre-tax effect on net income 34,000,000 16,000,000   224,000,000 120,000,000                  
Less: tax provision (benefit) 12,000,000 5,000,000   78,000,000 42,000,000                  
Total effect on net income (loss) 22,000,000 11,000,000   146,000,000 78,000,000                  
Total (decrease) increase on shareholders' equity $ (209,000,000)     $ (209,000,000)   $ (348,000,000)                
[1] Net loss on consolidation and deconsolidation was $7 million in Nine Months 2013 and $6 million in 2012, respectively, and recorded in “fair value gains (losses) on FG VIEs” in the consolidated statement of operations.
[2] FG VIE liabilities with recourse will mature at various dates ranging from 2025 to 2047.