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Expected Losses to be Paid - Net Expected Loss to be Paid by Accounting Model (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Dec. 31, 2012
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business $ 937   $ 937     $ 985    
Net expected loss to be paid after recoveries for R&W 933 [1] 806 933 [1] 806 1,035 982 [1] 774 677
Net economic loss development (benefit) (63) (22) (27) (23)        
Net expected loss development after recoveries for R&W (63) (22) (28) (33)        
Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 732   732     741    
Net economic loss development (benefit) (50) (25) (37) (27)        
Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 122 [2]   122 [2]     60 [2]    
Net economic loss development (benefit) 21 [2] 14 [2] 75 [2] (18) [2]        
Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 83 [3]   83 [3]     184 [3]    
Net economic loss development (benefit) (34) [4] (11) [4] (65) [4] 22 [4]        
Prime first lien
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 10   10     21    
Net expected loss to be paid after recoveries for R&W 10 [1] 21 10 [1] 21 11 21 [1] 18 6
Net economic loss development (benefit) (1) 3 (11) 16        
Net expected loss development after recoveries for R&W (1) 3 (11) 16        
Prime first lien | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 3   3     3    
Net economic loss development (benefit) (1) 0 0 (1)        
Prime first lien | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 0 [2]   0 [2]     0 [2]    
Net economic loss development (benefit) 0 [2] 0 [2] 0 [2] 0 [2]        
Prime first lien | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 7   7     18    
Net economic loss development (benefit) 0 [4] 3 [4] (11) [4] 17 [4]        
Alt-A first lien
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 248   248     304    
Net expected loss to be paid after recoveries for R&W 248 [1] 206 248 [1] 206 301 304 [1] 288 315
Net economic loss development (benefit) (18) (85) (6) (83)        
Net expected loss development after recoveries for R&W (18) (85) (6) (83)        
Alt-A first lien | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 211   211     199    
Net economic loss development (benefit) 6 (53) 32 (60)        
Alt-A first lien | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 19 [2]   19 [2]     31 [2]    
Net economic loss development (benefit) (2) [2] 3 [2] (12) [2] 3 [2]        
Alt-A first lien | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 18   18     74    
Net economic loss development (benefit) (22) [4] (35) [4] (26) [4] (26) [4]        
Option ARM
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business (31)   (31)     (9)    
Net expected loss to be paid after recoveries for R&W (31) [1] 7 (31) [1] 7 (51) (9) [1] (20) (131)
Net economic loss development (benefit) 0 25 (39) (92)        
Net expected loss development after recoveries for R&W 0 25 (39) (92)        
Option ARM | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W (34)   (34)     (18)    
Net economic loss development (benefit) 7 20 (32) (58)        
Option ARM | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 0 [2]   0 [2]     (2) [2]    
Net economic loss development (benefit) 0 [2] 1 [2] 1 [2] (32) [2]        
Option ARM | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 3   3     11    
Net economic loss development (benefit) (7) [4] 4 [4] (8) [4] (2) [4]        
First mortgage, subprime
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 307   307     304    
Net expected loss to be paid after recoveries for R&W 307 [1] 303 307 [1] 303 341 304 [1] 274 242
Net economic loss development (benefit) (11) 38 (12) 86        
Net expected loss development after recoveries for R&W (11) 38 (12) 86        
First mortgage, subprime | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 155   155     149    
Net economic loss development (benefit) (21) 25 (25) 40        
First mortgage, subprime | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 78 [2]   78 [2]     81 [2]    
Net economic loss development (benefit) 8 [2] 5 [2] 9 [2] 25 [2]        
First mortgage, subprime | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 74   74     74    
Net economic loss development (benefit) 2 [4] 8 [4] 4 [4] 21 [4]        
Total first lien
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 534   534     620    
Net expected loss to be paid after recoveries for R&W 534 [1] 537 534 [1] 537 602 620 [1] 560 432
Net economic loss development (benefit) (30) (19) (68) (73)        
Net expected loss development after recoveries for R&W (30) (19) (68) (73)        
Total first lien | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 335   335     333    
Net economic loss development (benefit) (9) (8) (25) (79)        
Total first lien | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 97 [2]   97 [2]     110 [2]    
Net economic loss development (benefit) 6 [2] 9 [2] (2) [2] (4) [2]        
Total first lien | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 102   102     177    
Net economic loss development (benefit) (27) [4] (20) [4] (41) [4] 10 [4]        
Close ended second lien
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business (5)   (5)     (11)    
Net expected loss to be paid after recoveries for R&W (5) [1] (13) (5) [1] (13) (9) (11) [1] (14) (39)
Net economic loss development (benefit) 2 0 2 7        
Net expected loss development after recoveries for R&W 2 0 2 7        
Close ended second lien | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W (28)   (28)     (34)    
Net economic loss development (benefit) 2 2 0 0        
Close ended second lien | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 28 [2]   28 [2]     25 [2]    
Net economic loss development (benefit) 1 [2] (3) [2] 4 [2] (4) [2]        
Close ended second lien | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business (5)   (5)     (2)    
Net economic loss development (benefit) (1) [4] 1 [4] (2) [4] 11 [4]        
HELOCs
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business (148)   (148)     (116)    
Net expected loss to be paid after recoveries for R&W (148) [1] (129) (148) [1] (129) (117) (116) [1] (97) (111)
Net economic loss development (benefit) (34) (42) (65) (76)        
Net expected loss development after recoveries for R&W (34) (42) (65) (76)        
HELOCs | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W (145)   (145)     (41)    
Net economic loss development (benefit) (48) (49) (138) (66)        
HELOCs | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W (3) [2]   (3) [2]     (75) [2]    
Net economic loss development (benefit) 14 [2] 8 [2] 73 [2] (10) [2]        
HELOCs | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 0   0     0    
Net economic loss development (benefit) 0 [4] (1) [4] 0 [4] 0 [4]        
Second lien
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business (153)   (153)     (127)    
Net expected loss to be paid after recoveries for R&W (153) [1] (142) (153) [1] (142) (126) (127) [1] (111) (150)
Net economic loss development (benefit) (32) (42) (63) (69)        
Net expected loss development after recoveries for R&W (32) (42) (63) (69)        
Second lien | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W (173)   (173)     (75)    
Net economic loss development (benefit) (46) (47) (138) (66)        
Second lien | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 25 [2]   25 [2]     (50) [2]    
Net economic loss development (benefit) 15 [2] 5 [2] 77 [2] (14) [2]        
Second lien | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business (5)   (5)     (2)    
Net economic loss development (benefit) (1) [4] 0 [4] (2) [4] 11 [4]        
U.S. RMBS
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 381   381     493    
Net expected loss to be paid after recoveries for R&W 381 [1] 395 381 [1] 395 476 493 [1] 449 282
Net economic loss development (benefit) (62) (61) (131) (142)        
Net expected loss development after recoveries for R&W (62) (61) (131) (142)        
U.S. RMBS | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 162   162     258    
Net economic loss development (benefit) (55) (55) (163) (145)        
U.S. RMBS | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 122 [2]   122 [2]     60 [2]    
Net economic loss development (benefit) 21 [2] 14 [2] 75 [2] (18) [2]        
U.S. RMBS | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 97 [3]   97 [3]     175 [3]    
Net economic loss development (benefit) (28) [4] (20) [4] (43) [4] 21 [4]        
TruPS
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 26   26     51    
Net expected loss to be paid after recoveries for R&W 26 [1] 50 26 [1] 50 32 51 [1] 33 27
Net economic loss development (benefit) (5) 9 (24) 7        
Net expected loss development after recoveries for R&W (5) 9 (24) 7        
TruPS | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 1   1     3    
Net economic loss development (benefit) (1) 1 (2) 1        
TruPS | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 0 [2]   0 [2]     0 [2]    
Net economic loss development (benefit) 0 [2] 0 [2] 0 [2] 0 [2]        
TruPS | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 25   25     48    
Net economic loss development (benefit) (4) [4] 8 [4] (22) [4] 6 [4]        
Structured finance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 146   146     120    
Net expected loss to be paid after recoveries for R&W 146 [1] 128 146 [1] 128 140 120 [1] 158 312
Net economic loss development (benefit) 3 (13) 27 (39)        
Net expected loss development after recoveries for R&W 3 (13) 27 (39)        
Structured finance | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 186   186     161    
Net economic loss development (benefit) 5 (13) 26 (32)        
Structured finance | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 0 [2]   0 [2]     0 [2]    
Net economic loss development (benefit) 0 [2] 0 [2] 0 [2] 0 [2]        
Structured finance | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business (40)   (40)     (41)    
Net economic loss development (benefit) (2) [4] 0 [4] 1 [4] (7) [4]        
Public Finance U.S.
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 333   333     264    
Net expected loss to be paid after recoveries for R&W 333 [1] 183 333 [1] 183 339 264 [1] 71 7
Net economic loss development (benefit) 2 44 107 138        
Net expected loss development after recoveries for R&W 2 44 107 138        
Public Finance U.S. | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 333   333     264    
Net economic loss development (benefit) 2 43 107 137        
Public Finance U.S. | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 0 [2]   0 [2]     0 [2]    
Net economic loss development (benefit) 0 [2] 0 [2] 0 [2] 0 [2]        
Public Finance U.S. | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 0   0     0    
Net economic loss development (benefit) 0 [4] 1 [4] 0 [4] 1 [4]        
Public Finance Non-U.S.
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 51   51     57    
Net expected loss to be paid after recoveries for R&W 51 [1] 53 51 [1] 53 52 57 [1] 66 52
Net economic loss development (benefit) (1) (1) (6) 13        
Net expected loss development after recoveries for R&W (1) (1) (6) 13        
Public Finance Non-U.S. | Financial guaranty insurance
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 50   50     55    
Net economic loss development (benefit) (1) (1) (5) 12        
Public Finance Non-U.S. | Financial guaranty, variable interest entities
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W 0 [2]   0 [2]     0 [2]    
Net economic loss development (benefit) 0 [2] 0 [2] 0 [2] 0 [2]        
Public Finance Non-U.S. | Credit derivatives
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W excluding other lines of business 1   1     2    
Net economic loss development (benefit) 0 [4] 0 [4] (1) [4] 1 [4]        
Other
               
Guarantor Obligations [Line Items]                
Net expected loss to be paid after recoveries for R&W (4)   (4)     (3)    
Net expected loss development after recoveries for R&W $ 0 $ 0 $ (1) $ (10)        
[1] Includes expected loss adjustment expenses ("LAE") to be paid of $28 million as of September 30, 2014 and $34 million as of December 31, 2013. The Company paid $6 million and $12 million in LAE for Third Quarter 2014 and 2013, respectively, and $20 million and $41 million in LAE for Nine Months 2014 and 2013, respectively.
[2] Refer to Note 9, Consolidated Variable Interest Entities.
[3] Includes R&W benefit of $99 million as of September 30, 2014 and $180 million as of December 31, 2013.
[4] Refer to Note 8, Financial Guaranty Contracts Accounted for as Credit Derivatives.