Guarantees (Tables)

6 Months Ended

Jun. 30, 2011

E-Loan | Guarantee on loans sold or serviced with representation and warranties

Changes in the Corporation's Liability of Estimated Losses

The following table presents the changes in the Corporation’s liability for estimated losses associated with customary representations and warranties related to loans sold by E-LOAN, included in the consolidated statement of condition for the quarters and six months ended June 30, 2011 and 2010.

	Quarters ended June 30,						Six months ended June 30,
(in thousands)	2011			2010			2011			2010
Balance as of beginning of period	$	30,688		$	31,937		$	30,659		$	33,294
Additions for new sales		—			—			—			—
(Reversal) provision for representation and warranties		(605	)		5,197			(522	)		6,430
Net charge-offs / terminations		(1,067	)		(3,651	)		(1,121	)		(6,241	)
Balance as of end of period	$	29,016		$	33,483		$	29,016		$	33,483

Discontinued operations of PFH | Guarantee on loans sold or serviced with representation and warranties

Changes in the Corporation's Liability of Estimated Losses

The following table presents the changes in the Corporation’s liability for estimated losses associated to loans sold by the discontinued operations of PFH, included in the consolidated statement of condition for the quarters and six months ended June 30, 2011, and 2010.

	Quarters ended June 30,						Six months ended June 30,
(in thousands)	2011			2010			2011			2010
Balance as of beginning of period	$	4,261		$	9,626		$	8,058		$	9,405
Additions for new sales		—			—			—			—
(Reversal) provision for representations and warranties		—			(1,796	)		—			(1,118	)
Net charge-offs / terminations		(50	)		(1,080	)		(50	)		(1,537	)
Other - settlements paid		—			—			(3,797	)		—
Balance as of end of period	$	4,211		$	6,750		$	4,211		$	6,750

Guarantee on loans sold or serviced with credit recourse

Changes in the Corporation's Liability of Estimated Losses from Credit Recourses Agreements

The following table shows the changes in the Corporation’s liability of estimated losses from these credit recourses agreements, included in the consolidated statements of condition for the quarters and six months ended June 30, 2011 and 2010.

	Quarters ended June 30,						Six months ended June 30,
(in thousands)	2011			2010			2011			2010
Balance as of beginning of period	$	55,318		$	29,041		$	53,729		$	15,584
Additions for new sales		—			—			—			—
Provision for recourse liability		10,059			12,015			19,824			27,716
Net charge-offs / terminations		(10,050	)		(4,449	)		(18,226	)		(6,693	)
Balance as of end of period	$	55,327		$	36,607		$	55,327		$	36,607