Loan Sales And Securitizations (Tables)

3 Months Ended

Mar. 31, 2012

Loan Sales And Securitizations [Abstract]

Schedule Of Sensitivity Of Fair Value Of Retained Or Purchased MSR Immediate 10 Percent And 20 Percent Adverse Changes In Assumptions

	March 31, 2012									March 31, 2011
(Dollars in thousands	First			Second						First			Second
except for annual cost to service)	Liens			Liens			HELOC			Liens			Liens			HELOC
Fair value of retained interests	$	139,676		$	222		$	3,058		$	204,257		$	259		$	3,232
Weighted average life (in years)		4.0			2.9			2.8			4.5			2.4			2.5
Annual prepayment rate		20.8	%		26.0	%		27.5	%		19.3	%		33.0	%		30.3	%
Impact on fair value of 10% adverse change	$	(7,218	)	$	(14	)	$	(190	)	$	(9,445	)	$	(15	)	$	(238	)
Impact on fair value of 20% adverse change		(13,794	)		(27	)		(365	)		(18,122	)		(28	)		(456	)
Annual discount rate on servicing cash flows		11.8	%		14.0	%		18.0	%		11.6	%		14.0	%		18.0	%
Impact on fair value of 10% adverse change	$	(3,939	)	$	(6	)	$	(95	)	$	(5,934	)	$	(5	)	$	(97	)
Impact on fair value of 20% adverse change		(7,638	)		(12	)		(184	)		(11,484	)		(10	)		(188	)
Annual cost to service (per loan) (a)	$	116		$	50		$	50		$	120		$	50		$	50
Impact on fair value of 10% adverse change		(3,303	)		(5	)		(49	)		(4,909	)		(5	)		(52	)
Impact on fair value of 20% adverse change		(6,585	)		(10	)		(98	)		(9,790	)		(10	)		(104	)
Annual earnings on escrow		1.4	%		—			—			1.4	%		—			—
Impact on fair value of 10% adverse change	$	(1,127	)		—			—		$	(2,283	)		—			—
Impact on fair value of 20% adverse change		(2,255	)		—			—			(4,567	)		—			—

(a) Amounts represent market participant based assumptions.

Schedule Of Sensitivity Of Fair Value Of Other Retained Interests To Immediate 10 Percent And 20 Percent Adverse Changes Assumptions

	March 31, 2012						March 31, 2011
	Excess						Excess
	Interest			Certificated			Interest			Certificated
(Dollars in thousands)	IO			PO			IO			PO
Fair value of retained interests	$	17,124		$	7,229		$	25,131		$	8,791
Weighted average life (in years)		4.0			3.2			4.8			5.1
Annual prepayment rate		18.6	%		24.7	%		16.0	%		23.0	%
Impact on fair value of 10% adverse change	$	(758	)	$	(315	)	$	(1,038	)	$	(328	)
Impact on fair value of 20% adverse change		(1,462	)		(661	)		(2,011	)		(643	)
Annual discount rate on residual cash flows		13.4	%		19.1	%		13.0	%		20.6	%
Impact on fair value of 10% adverse change	$	(675	)	$	(245	)	$	(1,063	)	$	(491	)
Impact on fair value of 20% adverse change		(1,294	)		(470	)		(2,033	)		(987	)

Schedule Of Cash Flows Related To Loan Sales And Securitizations

(Dollars in thousands)	March 31,2012		March 31, 2011
Proceeds from initial sales	$	54,296	$	139,202
Servicing fees retained (a)		17,732		21,492
Purchases of GNMA guaranteed mortgages		35,031		22,207
Purchases of previously transferred financial assets (b)		66,799		53,192
Other cash flows received on retained interests		1,664		2,229

(a) Includes servicing fees on MSR associated with loan sales and purchased MSR.

(b) Includes repurchases of both delinquent and performing loans, foreclosed assets, and make-whole payments for economic losses incurred by purchaser. Also includes buyouts from GSEs in order to facilitate foreclosures.

Schedule Of Principal Amount Of Delinquent Loans, And Net Credit Losses

	Principal Amount of Residential Real Estate Loans (a) (b) (c)				Net Credit Losses (c)
(Dollars in thousands)
	On March 31				Three Months Ended March 31
	2012		2011		2012		2011
Total loans managed or transferred	$	17,396,233	$	20,437,618	$	116,486	$	128,349

(a) Amounts represent real estate residential loans in FHN's portfolio, held-for-sale, and loans that have been transferred in proprietary securitizations and whole loan sales in which FHN has a retained interest other than servicing rights. Also includes $7.5 billion and $9.4 billion of loans transferred to GSEs with any type of retained interest on March 31, 2012 and 2011, respectively.

(b) On March 31, 2012 and 2011, includes $.8 billion and $.9 billion, respectively, where the principal amount is 90 days or more past due, or nonaccrual. Included in these amounts are $40.0 million and $37.9 million of GNMA guaranteed mortgages on March 31, 2012 and 2011, respectively.

(c) No delinquency or net credit loss data is provided for the loans transferred to FNMA or FHLMC because these agencies retain credit risk. See Note 9—Contingencies and Other Disclosures for discussion related to repurchase obligations for loans transferred to GSE's or private investors.