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Re: scrivenerserror post# 437164

Friday, 10/02/2015 12:26:57 PM

Friday, October 02, 2015 12:26:57 PM

Post# of 730608
WAMU-Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments – Loan Sales- and Securitization-Related Indemnifications (Details)




Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments - Loan Sales- and Securitization-Related Indemnifications (Details) (USD $)


12 Months Ended

48 Months Ended

0 Months Ended



Dec. 31, 2014


Dec. 31, 2013


Dec. 31, 2012


Dec. 31, 2008


Oct. 25, 2013


Nov. 15, 2013

trust


Summary of changes in mortgage repurchase liability


Repurchase liability at beginning of period
$ 681,000,000 $ 2,811,000,000 $ 3,557,000,000

Net realized gains/(losses)
53,000,000 (1,561,000,000) (1,158,000,000)

Reclassification to Litigation Reserve
0 (179,000,000) 0

Provision for repurchase losses
(459,000,000) (390,000,000) 412,000,000

Repurchase liability at end of period
275,000,000 681,000,000 2,811,000,000

Amount of residential mortgage loans, private-label securitization by Washington Mutual
165,000,000,000


Amount of residential mortgage loans, private-label securitization by Washington Mutual, Repaid
78,000,000,000

Amount of residential mortgage loans, private-label securitization by Washington Mutual, Liquidated
49,000,000,000

Percent of residential mortgage loans originally sold or deposited into private-label securitization by Washington Mutual, Average Loss Severity
59.00%

Amount of residential mortgage loans, private-label securitization by Washington Mutual, Remaining
38,000,000,000

Days Past Due, 60 or More


Summary of changes in mortgage repurchase liability


Amount of residential mortgage loans, private-label securitization by Washington Mutual, Remaining
8,000,000,000



Loans sold with recourse


Loans sold with recourse


Indemnification Agreements Loan Sale And Securitization Loans Sold With Recourse Contractual Amount
6,063,000,000

7,692,000,000



Indemnification Agreements, Loan Sale and Securitization, Loans Sold with Recourse: Carrying Value
102,000,000

131,000,000



Warranty Reserves | Mortgage repurchase liability


Summary of changes in mortgage repurchase liability


Repurchase liability at end of period
275,000,000



681,000,000





Repurchase Make-Whole Settlements | Warranty Reserves | Mortgage repurchase liability


Summary of changes in mortgage repurchase liability


Net realized gains/(losses)
(11,000,000)





(414,000,000)





(524,000,000)







Reserves for New Mortgage Loans Sold During the Period | Warranty Reserves | Mortgage repurchase liability


Summary of changes in mortgage repurchase liability


Valuation Allowances and Reserves, Provision
4,000,000





20,000,000





112,000,000







Residential Real Estate [Member]


Summary of changes in mortgage repurchase liability


Period past due, credit analysis factors, charge off criteria
60 days

Mortgage Backed Securities Litigation and Regulatory Investigations


Summary of changes in mortgage repurchase liability


Amount to resolve Fannie Mae’s and Freddie Mac’s repurchase claims associated with whole loan purchases from 2000 to 2008
1,100,000,000



Mortgage Backed Securities Litigation Related to MBS Offerings Issued By JPMC and Bear Stearns


Summary of changes in mortgage repurchase liability


Litigation settlement, amount
$ 4,500,000,000



Number of MBS for which repurchase and servicing claims have been or could have been assumed
330



Number of trustees for the MBS trusts
7



Number of MBS trusts for which Offer is Accepted In Part or In Whole
319



Number of MBS trusts Excluded from the Settlement In Part or In Whole
16



Mortgage Backed Securities Litigation Related to MBS Offerings Sponsored By Washington Mutual


Summary of changes in mortgage repurchase liability


Number of institutional MBS investors directing or threatening litigation

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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