Wells Fargo Real Estate Investment (WFE) 10-K 5 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Feb. 27, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	Wells Fargo Real Estate Investment Corp.
Entity Central Index Key	1616093
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$0
Entity Common Stock, Shares Outstanding		645

Statement_of_Income

Statement of Income (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Statement [Abstract]
Interest income	$696,425	$298,635	$203,448
Interest expense	1,397	1,210	26
Net interest income	695,028	297,425	203,422
Provision for credit losses	6,665	18,235	45,376
Net interest income after provision for credit losses	688,363	279,190	158,046
Noninterest income
Other	653	225	491
Total noninterest income	653	225	491
Noninterest expense
Loan servicing costs	37,266	13,734	11,363
Management fees	3,120	2,025	2,082
Foreclosed assets	9,794	5,924	1,643
Other	872	302	357
Total noninterest expense	51,052	21,985	15,445
Net income	637,964	257,430	143,092
Comprehensive income	637,964	257,430	143,092
Dividends on preferred stock	1,079	57	57
Net income applicable to common stock	$636,885	$257,373	$143,035
Per common share information
Earnings per common share (in dollars per share)	$987,419	$399,028	$221,760
Diluted earnings per common share (in dollars per share)	$987,419	$399,028	$221,760
Dividends declared per common share (in dollars per share)	$934,884	$496,124	$288,372
Average common shares outstanding (in shares)	645	645	645
Diluted average common shares outstanding (in shares)	645	645	645

Balance_Sheet

Balance Sheet (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets
Cash and cash equivalents	$0	$0
Loans, net of unearned income	12,949,277	13,120,341
Allowance for loan losses	-184,437	-243,752
Net loans	12,764,840	12,876,589
Accounts receivable - affiliates, net	54,424	44,135
Other assets	40,141	45,470
Total assets	12,859,405	12,966,194
Liabilities
Line of credit with Bank	496,692	901,350
Other liabilities	6,196	8,213
Total liabilities	502,888	909,563
Stockholders’ Equity
Preferred stock	110	0
Common stock – $0.01 par value in each year, authorized 100,000,000 shares in 2014 and 1,000 shares in 2013; issued and outstanding 645 shares in each year	0	0
Additional paid-in capital	12,550,951	12,285,060
Retained earnings (deficit)	-194,544	-228,429
Total stockholders’ equity	12,356,517	12,056,631
Total liabilities and stockholders’ equity	$12,859,405	$12,966,194

Balance_Sheet_Parenthetical

Balance Sheet (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Stockholders’ Equity
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	100,000,000	1,000
Common stock, shares issued	645	645
Common stock, shares outstanding	645	645

Statement_of_Changes_in_Stockh

Statement of Changes in Stockholders' Equity (USD $)		Total	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Preferred Stock [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Retained Earnings (Deficit) [Member]	Retained Earnings (Deficit) [Member]
In Thousands, unless otherwise specified						Series A Preferred Stock [Member]			Series A Preferred Stock [Member]		Series A Preferred Stock [Member]	Series B Preferred Stock [Member]
Beginning balance at Dec. 31, 2011		$3,705,587			$0		$0	$3,828,424		($122,837)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		143,092								143,092
Cash dividends
Preferred securities				-57								-57
Common stock		-186,000								-186,000
Ending balance at Dec. 31, 2012		3,662,622			0		0	3,828,424		-165,802
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		257,430								257,430
Cash dividends
Preferred securities				-57								-57
Common stock		-320,000								-320,000
Wachovia Preferred Funding Corporation (WPFC) contributions	[1]	8,456,636						8,456,636
Ending balance at Dec. 31, 2013		12,056,631			0		0	12,285,060		-228,429
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		637,964								637,964
Preferred stock issued			266,001			110			265,891
Cash dividends
Preferred securities			-1,022	-57							-1,022	-57
Common stock		-603,000								-603,000
Ending balance at Dec. 31, 2014		$12,356,517			$110		$0	$12,550,951		($194,544)
[1]	Includes $7.0 billion asset contribution and $1.5 billion cash contribution from WPFC.

Statement_of_Changes_in_Stockh1

Statement of Changes in Stockholders' Equity (Parenthetical) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Common stock, dividend per share (in dollars per share)	$934,884	$496,124	$288,372
Assets contributed from WPFC, net of allowance for credit losses	$0	$6,966,636	$0
WPFC contribution	$0	$1,490,000	$0
Series A Preferred Stock [Member]
Preferred stock, dividend per share (in dollars per share)	$0.09
Series B Preferred Stock [Member]
Preferred stock, dividend per share (in dollars per share)	$85	$85	$85

Statement_of_Cash_Flows

Statement of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net income	$637,964	$257,430	$143,092
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of discounts on loans	-71,317	-11,375	-23,425
Provision for credit losses	6,665	18,235	45,376
Other operating activities, net	-8,404	-8,109	-7,925
Net cash provided by operating activities	564,908	256,181	157,118
Increase (decrease) in cash realized from Loans:
Acquisitions	-2,566,372	-3,862,635	-1,960,807
Proceeds from payments and sales	2,743,178	1,986,527	1,026,125
Net cash provided (used) by investing activities	176,806	-1,876,108	-934,682
Increase (decrease) in cash realized from
Draws on line of credit with Bank	1,912,396	2,351,355	451,453
Repayments of line of credit with Bank	-2,317,054	-1,901,371	-87
WPFC contribution	0	1,490,000	0
Cash dividends paid	-603,057	-320,057	-186,057
Preferred stock issued	266,001	0	0
Net cash (used) provided by financing activities	-741,714	1,619,927	265,309
Net change in cash and cash equivalents	0	0	-512,255
Cash and cash equivalents at beginning of year	0	0	512,255
Cash and cash equivalents at end of year	0	0	0
Change in noncash items:
Transfers from loans to foreclosed assets	13,079	2,978	5,099
Assets contributed from WPFC, net of allowance for credit losses	$0	$6,966,636	$0

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Summary of Significant Accounting Policies
	Note 1: Summary of Significant Accounting Policies
	Wells Fargo Real Estate Investment Corporation (formerly Wachovia Real Estate Investment Corp.) (the Company, we, our or us) is a direct subsidiary of Wachovia Preferred Funding Corp. (WPFC) and an indirect subsidiary of both Wells Fargo & Company (Wells Fargo) and Wells Fargo Bank, National Association (the Bank). The Company, a Delaware corporation, has operated as a REIT since its formation in 1996.
	The accounting and reporting policies of the Company are in accordance with U.S. generally accepted accounting principles (GAAP). The preparation of the financial statements in accordance with GAAP requires management to make estimates based on assumptions about future economic and market conditions that affect the reported amounts of assets and liabilities at the date of the financial statements and income and expenses during the reporting period and the related disclosures. Although our estimates contemplate current conditions and how we expect them to change in the future, it is reasonably possible that actual future conditions could be worse than anticipated in those estimates, which could materially affect our results of operations and financial condition. Management has made significant estimates related to the allowance for credit losses (Note 2 (Loans and Allowance for Credit Losses)). Actual results could differ from those estimates.
	Accounting Standards Adopted in 2014
	In 2014, we adopted the following new accounting guidance:
	•	Accounting Standards Update (ASU) 2014-14, Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans Upon Foreclosure; and
	•	ASU 2014-04, Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure.
	ASU 2014-14 requires certain government-guaranteed mortgage loans to be classified as other receivables upon foreclosure and measured based on the loan balance expected to be recovered from the guarantor. We early adopted this guidance in fourth quarter 2014, effective as of January 1, 2014, through a modified retrospective transition. Our adoption of this Update did not have a material effect on our financial statements.
	ASU 2014-04 clarifies the timing of when a creditor has taken physical possession of residential real estate collateral for a consumer mortgage loan, resulting in the reclassification of the loan receivable to real estate owned. The guidance also requires disclosure of the amount of foreclosed residential real estate property held by the creditor and the recorded investment in residential real estate mortgage loans that are in process of foreclosure. We adopted this guidance in first quarter 2014. This Update did not have a material effect on our financial statements as this guidance was consistent with our prior practice.
	Asset Contribution
	In November 2013, WPFC contributed loans and other assets to the Company. The contribution of assets was an equity transaction between entities under common control; therefore, the assets were recorded at their WPFC book value, including allowance for credit losses and unamortized premiums and discounts on loans. Contributed loans included $304.3 million of nonaccrual loans and $388.0 million of troubled debt restructurings (TDRs). We did not issue additional shares to WPFC; accordingly, the contributions were recorded as an increase in additional paid-in capital.
	The following table presents total loans contributed by portfolio segment, allowance for credit losses and other assets and liabilities contributed.
	(in thousands)	2013
	Loans:
	Total commercial	$	1,776,464
	Total consumer	5,373,016
	Total loans contributed	7,149,480
	Allowance for loan losses	(196,784		)
	Allowance for unfunded commitments	(282		)
	Total allowance for credit losses	(197,066		)
	Other assets (liabilities) contributed:
	Accrued interest receivable	18,040
	Foreclosed assets	2,401
	Servicing advances and accruals	(6,219		)
	Total net other assets contributed	14,222
	Total assets contributed	$	6,966,636
	Cash and Cash Equivalents
	Cash and cash equivalents include cash and amounts due from banks and interest-bearing bank balances. Generally, cash and cash equivalents have maturities of three months or less, and accordingly, the carrying amount of these instruments is deemed to be a reasonable estimate of fair value.
	Loans
	We have acquired, or accepted as capital contributions, participation interests in loans both secured and not secured by real estate along with other assets. We anticipate that we will acquire, or receive as capital contributions, loans or other assets from the Bank pursuant to loan participation and servicing and assignment agreements among the Bank, certain of its subsidiaries and us.
	Substantially all of our interests in mortgage loans and other assets have been acquired from the Bank pursuant to loan participation and servicing and assignment agreements. The Bank originated the loans, purchased them from other financial institutions or acquired them as part of the acquisition of other financial institutions. Substantially all of our loans are serviced by the Bank.
	In general, the Bank initially transfers participation interests in loans to a subsidiary of the Bank that does not have a direct or indirect ownership interest in us, which then
	transfers such participation interests to us. We may from time to time transfer such participation interests back to the subsidiary, which may ultimately transfer such interests back to the Bank.
	Pursuant to the terms of the relevant participation and servicing and assignment agreements, we generally may not sell, transfer, encumber, assign, pledge or hypothecate our participation interests in loans without the prior written consent of the Bank. As such, the transfers do not qualify for sale accounting; however the assets continue to be classified as loans in our financial statements because the returns and recoverability of these non-recourse receivables are entirely dependent on the performance of the underlying loans. The Company initially measures the non-recourse receivables at the cash proceeds exchanged which represents the fair value of the transferred loans.
	Loans are recorded at the principal balance outstanding, net of any cumulative charge-offs and unamortized premium or discount on acquired loans. Interest income is recognized on an accrual basis. Premiums and discounts are amortized as an adjustment to the yield over the contractual life of the loan using the interest method. If a prepayment occurs on a loan, any related premium or discount is recognized as an adjustment to yield in the results of operations in the period in which the prepayment occurs.
	Loans acquired in a transfer, including business combinations where there is evidence of credit deterioration since origination and it is probable at the date of acquisition that we will not collect all contractually required principal and interest payments, are accounted for as purchased credit-impaired (PCI) loans. Substantially all of our PCI loans were acquired in the December 31, 2008 acquisition of Wachovia Corporation by Wells Fargo. PCI loans are initially recorded at fair value, which includes estimated future credit losses expected to be incurred over the life of the loan. Accordingly, the historical allowance for credit losses is not carried over. A nonaccretable difference is established for PCI loans to absorb losses expected on those loans at the date of acquisition. Amounts absorbed by the nonaccretable difference do not affect the income statement or the allowance for credit losses. PCI loans were less than 1 percent of total loans at December 31, 2014 and 2013.
	Nonaccrual and Past Due Loans
	We generally place loans on nonaccrual status when:
	•	the full and timely collection of interest or principal becomes uncertain (generally based on an assessment of the borrower’s financial condition and the adequacy of collateral, if any);
	•	they are 90 days (120 days with respect to real estate 1-4 family first and junior lien mortgages) past due for interest or principal, unless both well-secured and in the process of collection;
	•	part of the principal balance has been charged off (including loans discharged in bankruptcy);
	•	for junior lien mortgages, we have evidence that the related first lien mortgage may be 120 days past due or in the process of foreclosure regardless of the junior lien delinquency status; or
	•	performing consumer loans are discharged in bankruptcy, regardless of their delinquency status.
	PCI loans were written down at acquisition to fair value
	using an estimate of cash flows deemed to be collectible. Accordingly, such loans are no longer classified as nonaccrual even though they may be contractually past due because we expect to fully collect the new carrying values of such loans (that is, the new cost basis arising out of purchase accounting).
	When we place a loan on nonaccrual status, we reverse the accrued unpaid interest receivable against interest income and amortization of any net deferred fees is suspended. If the ultimate collectability of the recorded loan balance is in doubt for a nonaccrual loan, the cost recovery method is used and cash collected is applied to first reduce the carrying value of the loan. Otherwise, interest income may be recognized to the extent cash is received. Generally, we return a loan to accrual status when all delinquent interest and principal become current under the terms of the loan agreement and collectability of remaining principal and interest is no longer doubtful.
	For modified loans, we re-underwrite at the time of a restructuring to determine if there is sufficient evidence of sustained repayment capacity based on the borrower’s financial strength, including documented income, debt to income ratios and other factors. If the borrower has demonstrated performance under the previous terms and the underwriting process shows the capacity to continue to perform under the restructured terms, the loan will generally remain in accruing status. When a loan classified as a TDR performs in accordance with its modified terms, the loan either continues to accrue interest (for performing loans) or will return to accrual status after the borrower demonstrates a sustained period of performance (generally six consecutive months of payments, or equivalent, inclusive of consecutive payments made prior to the modification). Loans will be placed on nonaccrual status and a corresponding charge-off is recorded if we believe it is probable that principal and interest contractually due under the modified terms of the agreement will not be collectible.
	Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates.
	Loan Charge-off Policies
	For commercial loans, we generally fully charge off or charge down to net realizable value (fair value of collateral, less estimated costs to sell) for loans secured by collateral when:
	•	management judges the loan to be uncollectible;
	•	repayment is deemed to be protracted beyond reasonable time frames;
	•	the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies;
	•	the customer has filed bankruptcy and the loss becomes evident owing to a lack of assets; or
	•	the loan is 180 days past due unless both well-secured and in the process of collection.
	For consumer loans, we fully charge off or charge down to net realizable value when deemed uncollectible due to bankruptcy discharge or other factors, or no later than when the loan is 180 days past due.
	Impaired Loans
	We consider a loan to be impaired when, based on current information and events, we determine that we will not be able to collect all amounts due according to the loan contract, including scheduled interest payments. This evaluation is generally based on delinquency information, an assessment of the borrower’s financial condition and the adequacy of collateral, if any. Our impaired loans predominantly include loans on nonaccrual status for commercial and industrial, commercial secured by real estate (CSRE) and any loans modified in a TDR, on both accrual and nonaccrual status.
	When we identify a loan as impaired, we generally measure the impairment, if any, based on the difference between the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount) and the present value of expected future cash flows, discounted at the loan’s effective interest rate. When the value of an impaired loan is calculated by discounting expected cash flows, interest income is recognized using the loan’s effective interest rate over the remaining life of the loan. When collateral is the sole source of repayment for the impaired loan, rather than the borrower’s income or other sources of repayment, we charge down to net realizable value.
	Troubled Debt Restructurings
	In situations where, for economic or legal reasons related to a borrower’s financial difficulties, we grant a concession for other than an insignificant period of time to the borrower that we would not otherwise consider, the related loan is classified as a TDR. These modified terms may include rate reductions, principal forgiveness, term extensions, payment forbearance and other actions intended to minimize our economic loss and to avoid foreclosure or repossession of the collateral. For modifications where we forgive principal, the entire amount of such principal forgiveness is immediately charged off. Loans classified as TDRs, including loans in trial payment periods (trial modifications), are considered impaired loans. Other than resolutions such as foreclosures and sales, we may remove loans held for investment from TDR classification, but only if they have been refinanced or restructured at market terms and qualify as a new loan.
	Foreclosed Assets
	Foreclosed assets obtained through our lending activities primarily include real estate. Generally, loans have been written down to their net realizable value prior to foreclosure. Any further reduction to their net realizable value is recorded with a charge to the allowance for credit losses at foreclosure. We allow up to 90 days after foreclosure to finalize determination of net realizable value. Thereafter, changes in net realizable value are recorded to foreclosed assets expense. The net realizable value of these assets is reviewed and updated periodically depending on the type of property.
Allowance for Credit Losses (ACL)
The allowance for credit losses is management’s estimate of credit losses inherent in the loan portfolio, including unfunded credit commitments, at the balance sheet date. We have an established process to determine the appropriateness of the allowance for credit losses that assesses the losses inherent in our portfolio and related unfunded credit commitments. While we attribute portions of the allowance to our respective commercial and consumer portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio and unfunded credit commitments.
Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, losses are estimated collectively for groups of loans with similar characteristics, individually or pooled for impaired loans or, for PCI loans, based on the changes in cash flows expected to be collected.
Our allowance levels are influenced by loan volumes, loan grade migration or delinquency status, historic loss experience influencing loss factors, and other conditions influencing loss expectations, such as economic conditions.
COMMERCIAL PORTFOLIO SEGMENT ACL METHODOLOGY Generally, commercial loans are assessed for estimated losses by grading each loan using various risk factors as identified through periodic reviews. Our estimation approach for the commercial portfolio reflects the estimated probability of default in accordance with the borrower’s financial strength, and the severity of loss in the event of default, considering the quality of any underlying collateral. Probability of default and severity at the time of default are statistically derived through historical observations of default and losses after default within each credit risk rating. These loss estimates are adjusted as appropriate based on additional analysis of long-term average loss experience compared to previously forecasted losses, external loss data or other risks identified from current economic conditions and credit quality trends. The estimated probability of default and severity at the time of default are applied to loan equivalent exposures to estimate losses for unfunded credit commitments.
The allowance also includes an amount for the estimated impairment on nonaccrual commercial loans and commercial loans modified in a TDR, whether on accrual or nonaccrual status.
CONSUMER PORTFOLIO SEGMENT ACL METHODOLOGY For consumer loans that are not identified as a TDR, we determine the allowance predominantly on a collective basis utilizing forecasted losses to represent our best estimate of inherent loss. We pool loans, generally by product types with similar risk characteristics, such as residential real estate mortgages. As appropriate and to achieve greater accuracy, we may further stratify selected portfolios by sub-product and other predictive characteristics. Models designed for each pool are utilized to develop the loss estimates. We use assumptions for these pools in our forecast models, such as historic delinquency and default, vintage and maturation, loss severity, home price trends, unemployment trends, and other key economic variables that may influence the frequency and severity of losses in the pool.
In determining the appropriate allowance attributable to our residential mortgage portfolio, we take into consideration portfolios determined to be at elevated risk, such as junior lien mortgages behind delinquent first lien mortgages. We incorporate the default rates and high severity of loss for these higher risk portfolios, including the impact of our established loan modification programs. When modifications occur or are probable to occur, our allowance considers the impact of these modifications, taking into consideration the associated credit cost, including re-defaults of modified loans and projected loss severity. Accordingly, the loss content associated with the effects of existing and probable loan modifications and higher risk portfolios has been captured in our allowance methodology.
We separately estimate impairment for consumer loans that have been modified in a TDR (including trial modifications), whether on accrual or nonaccrual status.
OTHER ACL MATTERS The allowance for credit losses for both portfolio segments includes an amount for imprecision or uncertainty that may change from period to period. This amount represents management’s judgment of risks inherent in the processes and assumptions used in establishing the allowance. This imprecision considers economic environmental factors, modeling assumptions and performance, process risk, and other subjective factors, including industry trends and emerging risk assessments.
Fair Value of Financial Instruments
We use fair value measurements in our fair value disclosures and to record certain assets and liabilities at fair value.
DETERMINATION OF FAIR VALUE We base our fair values on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, and accordingly, do not determine fair value based upon a forced liquidation or distressed sale. Where necessary, we estimate fair value using other market observable data such as market indices, and industry ratings of underlying collateral or models employing techniques such as discounted cash flow analyses. The assumptions we use in the models, which typically include assumptions for interest rates, credit losses and prepayments, are verified against market observable data where possible. We apply market observable real estate data in valuing instruments where the underlying collateral is real estate or where the fair value of an instrument being valued highly correlates to real estate prices. Where appropriate, we may use a combination of these valuation approaches.
Where the market price of the same or similar instruments is not available, the valuation of financial instruments becomes more subjective and involves a high degree of judgment. Where modeling techniques are used, the models are subject to validation procedures by our internal valuation model validation group in accordance with risk management policies and procedures.
We did not elect the fair value option for any financial instruments as permitted in FASB ASC 825, Financial Instruments, which allows companies to elect to carry certain financial instruments at fair value with corresponding changes in fair value reported in the results of operations.
FAIR VALUE HIERARCHY We group our assets and liabilities measured at fair value in three levels based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. These levels are:
•	Level 1 - Valuation is based upon quoted prices for identical instruments traded in active markets.
•	Level 2 - Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.
•	Level 3 - Valuation is generated from techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.
In the determination of the classification of financial instruments in Level 2 or Level 3 of the fair value hierarchy, we consider all available information, including observable market data, indications of market liquidity and orderliness, and our understanding of the valuation techniques and significant inputs used. Based upon the specific facts and circumstances of each instrument or instrument category, we make judgments regarding the significance of the Level 3 inputs to the instruments' fair value measurement in its entirety. If Level 3 inputs are considered significant, the instrument is classified as Level 3.
Income Taxes
We are taxed as a REIT under relevant sections of the Internal Revenue Code of 1986 (the Code). A REIT is generally not subject to federal income tax to the extent it complies with the relevant provisions of the Code, including distributing the majority of its taxable earnings to shareholders, and as long as certain asset, income and stock ownership tests are met. For the tax year ended December 31, 2014, we complied with these provisions and are not subject to federal income tax.
As a REIT, dividends paid on preferred and common shares generally constitute ordinary income to the shareholder. However, distributions paid on common shares in excess of REIT taxable income, computed without regard to the dividends paid deduction, do not qualify as dividend income, and instead constitute a return of capital. In the event we do not continue to qualify as a REIT, earnings and cash provided by operating activities available for distribution to shareholders would be reduced by the amount of any applicable income tax obligation. The preferred and common dividends we pay as a REIT are ordinary investment income not eligible for the dividends received deduction for corporate shareholders or for the favorable qualified dividend tax rate applicable to non-corporate taxpayers. If we were not a REIT, preferred and common dividends we pay generally would qualify for the dividends received deduction for corporate shareholders and the favorable qualified dividend tax rate applicable to non-corporate taxpayers.
We file a separate federal income tax return and therefore are not included in the Wells Fargo consolidated tax returns or subject to the allocation of federal income tax liability (benefit) resulting from these consolidated tax returns. In addition, we will file unitary state income tax returns along with other subsidiaries of Wells Fargo.
We evaluate uncertain tax positions in accordance with FASB ASC 740, Income Taxes. Based upon its current evaluation, we have concluded that there are no significant uncertain tax positions relevant to the jurisdictions where it is required to file income tax returns requiring recognition in the financial statements at December 31, 2014.
Earnings Per Common Share
We compute basic earnings per share by dividing income available to common stockholders by the weighted average number of shares of common stock outstanding for the period. We compute diluted earnings per share by dividing income available to common stockholders by the sum of the weighted average number of shares adjusted to include the effect of potentially dilutive shares. Income available to common stockholders is computed as net income less dividends on preferred stock. There were no potentially dilutive shares in any period presented and accordingly, basic and diluted earnings per share are the same.
Retained Earnings (Deficit)
We expect to distribute annually an aggregate amount of dividends with respect to outstanding capital stock equal to approximately 100 percent of our REIT taxable income for federal income tax purposes. Because our net income determined under GAAP may vary from the determination of REIT taxable income, periodic distributions may exceed our GAAP net income.
The retained deficit included within our balance sheet results from cumulative distributions that have exceeded GAAP net income, primarily due to the impact on REIT taxable income of purchase accounting adjustments attributable to the Company from the 2008 acquisition of Wachovia Corporation by Wells Fargo. The remaining purchase accounting adjustments at December 31, 2014, are not significant.
Subsequent Events
We have evaluated the effects of subsequent events that have occurred subsequent to December 31, 2014. There were no subsequent events requiring adjustment to the financial statements or disclosure in the Notes to Financial Statements.

Loans_and_Allowance_for_Credit

Loans and Allowance for Credit Losses	12 Months Ended
	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans and Allowance for Credit Losses
	Note 2: Loans and Allowance for Credit Losses
	The Company acquires loans originated or purchased by the Bank. In order to maintain our status as a REIT, the composition of the loans is highly concentrated in real estate. Underlying loans are concentrated primarily in California, Florida, New Jersey, Pennsylvania and North Carolina. These markets include approximately 47% of our total loan balance at December 31, 2014.
	The following table presents total loans outstanding by portfolio segment and class of financing receivable. Outstanding balances include a total net reduction of $347.1 million and $325.0 million at December 31, 2014 and 2013, respectively, which were predominantly all unamortized discounts and premiums.
		December 31,
	(in thousands)	2014			2013			2012
	Commercial:
	Commercial and industrial	$	58,559		80,053			47,272
	Secured by real estate	3,121,106			2,859,662			246,344
	Total commercial	3,179,665			2,939,715			293,616
	Consumer:
	Real estate 1-4 family first mortgage	8,023,294			8,029,146			3,361,857
	Real estate 1-4 family junior lien mortgage	1,746,318			2,151,480			457,025
	Total consumer	9,769,612			10,180,626			3,818,882
	Total loans	$	12,949,277		13,120,341			4,112,498
	The following table summarizes the proceeds paid (including accrued interest receivable of $5.6 million and $8.7 million in 2014 and 2013, respectively) or received from the Bank for acquisitions and sales of loans, respectively.
		2014									2013
	(in thousands)	Commercial			Consumer			Total			Commercial			Consumer		Total
	Year ended December 31,
	Loan acquisitions	$	800,996		1,765,376			2,566,372			974,757			2,887,878		3,862,635
	Loan sales	(493		)	(23,003	)		(23,496	)		—			(5,670	)	(5,670	)
	Commitments to Lend
	See Note 3 (Commitments, Guarantees and Other Matters) for more information about our commitments to lend.
	Pledged Loans
	Effective first quarter 2015, we may pledge loans on behalf of the Bank in an aggregate amount not exceeding 80% of our total assets at any time as collateral for the Bank’s access to secured borrowing facilities through the Federal Home Loan Banks or the discount window of Federal Reserve Banks; provided that, after giving effect to any and all such pledges of assets, the unpaid principal balance of our total unpledged, performing assets (which, for the avoidance of doubt, shall not be pledged in respect of any other indebtedness we incur or otherwise) will equal or exceed three times the sum of the aggregate liquidation preference of our Series A and Series B preferred stock then outstanding plus any other parity stock then outstanding. Performing assets are assets other than nonaccrual loans and foreclosed assets.
	Allowance for Credit Losses (ACL)
	The allowance for credit losses consists of the allowance for loan losses and the allowance for unfunded credit commitments. Changes in the allowance for credit losses were:
		Year ended December 31,
	(in thousands)	2014			2013			2012
	Balance, beginning of year	$	244,269		65,459			68,535
	Provision for credit losses	6,665			18,235			45,376
	Interest income on certain impaired loans (1)	(3,729		)	(1,865	)		(1,590	)
	Loan charge-offs:
	Commercial:
	Commercial and industrial	—			—			—
	Secured by real estate	(531		)	(55	)		(1,719	)
	Total commercial	(531		)	(55	)		(1,719	)
	Consumer:
	Real estate 1-4 family first mortgage	(32,162		)	(17,644	)		(19,417	)
	Real estate 1-4 family junior lien mortgage	(47,352		)	(23,638	)		(29,479	)
	Total consumer	(79,514		)	(41,282	)		(48,896	)
	Total loan charge-offs	(80,045		)	(41,337	)		(50,615	)
	Loan recoveries:
	Commercial:
	Commercial and industrial	—			—			—
	Secured by real estate	292			246			1,464
	Total commercial	292			246			1,464
	Consumer:
	Real estate 1-4 family first mortgage	6,709			2,334			523
	Real estate 1-4 family junior lien mortgage	11,013			4,131			1,766
	Total consumer	17,722			6,465			2,289
	Total loan recoveries	18,014			6,711			3,753
	Net loan charge-offs	(62,031		)	(34,626	)		(46,862	)
	Allowance related to loan contribution	$	—		197,066			—
	Balance, end of year	185,174			244,269			65,459
	Components:
	Allowance for loan losses	$	184,437		243,752			65,340
	Allowance for unfunded credit commitments	737			517			119
	Allowance for credit losses	$	185,174		244,269			65,459
	Net loan charge-offs as a percentage of average total loans	0.49		%	0.62			1.43
	Allowance for loan losses as a percentage of total loans	1.42			1.86			1.59
	Allowance for credit losses as a percentage of total loans	1.43			1.86			1.59
	-1	Certain impaired loans with an allowance calculated by discounting expected cash flows using the loan’s effective interest rate over the remaining life of the loan recognize reductions in allowance as interest income.
	The following table summarizes the activity in the allowance for credit losses by our commercial and consumer portfolio segments.
	Year ended December 31,
(in thousands)	Commercial			Consumer			Total
2014
Balance, beginning of year	$	26,145		218,124			244,269
Provision (reversal of provision) for credit losses	(6,430		)	13,095			6,665
Interest income on certain impaired loans	—			(3,729	)		(3,729	)
Loan charge-offs	(531		)	(79,514	)		(80,045	)
Loan recoveries	292			17,722			18,014
Net loan charge-offs	(239		)	(61,792	)		(62,031	)
Balance, end of year	$	19,476		165,698			185,174
2013
Balance, beginning of year	$	6,584		58,875			65,459
Provision for credit losses	4,596			13,639			18,235
Interest income on certain impaired loans	—			(1,865	)		(1,865	)
Loan charge-offs	(55		)	(41,282	)		(41,337	)
Loan recoveries	246			6,465			6,711
Net loan charge-offs	191			(34,817	)		(34,626	)
Allowance related to loan contribution	14,774			182,292			197,066
Balance, end of year	$	26,145		218,124			244,269
The following table disaggregates our allowance for credit losses and recorded investment in loans by impairment methodology.
	Allowance for credit losses									Recorded investment in loans
(in thousands)	Commercial			Consumer			Total			Commercial			Consumer		Total
31-Dec-14
Collectively evaluated (1)	$	17,535		53,999			71,534			3,172,418			9,218,652		12,391,070
Individually evaluated (2)	1,941			111,699			113,640			5,127			523,264		528,391
Purchased credit-impaired (PCI) (3)	—			—			—			2,120			27,696		29,816
Total	$	19,476		165,698			185,174			3,179,665			9,769,612		12,949,277
31-Dec-13
Collectively evaluated (1)	$	21,756		83,685			105,441			2,928,904			9,605,792		12,534,696
Individually evaluated (2)	4,262			134,439			138,701			8,280			537,942		546,222
PCI (3)	127			—			127			2,531			36,892		39,423
Total	$	26,145		218,124			244,269			2,939,715			10,180,626		13,120,341
-1	Represents loans collectively evaluated for impairment in accordance with ASC 450-20, Loss Contingencies (formerly FAS 5), and pursuant to amendments by ASU 2010-20 regarding allowance for unimpaired loans.
-2	Represents loans individually evaluated for impairment in accordance with ASC 310-10, Receivables (formerly FAS 114), and pursuant to amendments by ASU 2010-20 regarding allowance for impaired loans.
-3	Represents the allowance and related loan carrying value determined in accordance with ASC 310-30, Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality (formerly SOP 03-3) and pursuant to amendments by ASU 2010-20 regarding allowance for PCI loans.
Credit Quality
We monitor credit quality by evaluating various attributes and utilize such information in our evaluation of the appropriateness of the allowance for credit losses. The following sections provide the credit quality indicators we most closely monitor. The credit quality indicators are generally based on information as of our financial statement date, with the exception of updated Fair Isaac Corporation (FICO) scores and updated loan-to-value (LTV)/combined LTV (CLTV), which are obtained at least quarterly. Generally, these indicators are updated in the second month of each quarter, with updates no older than September 30, 2014.
COMMERCIAL CREDIT QUALITY INDICATORS In addition to monitoring commercial loan concentration risk, we manage a consistent process for assessing commercial loan credit quality. Generally commercial loans are subject to individual risk assessment using our internal borrower and collateral quality ratings. Our ratings are aligned to Pass and Criticized categories. The Criticized category includes Special Mention, Substandard, and Doubtful categories which are defined by bank regulatory agencies.
The table below provides a breakdown of outstanding commercial loans by risk category.
(in thousands)	Commercial			Secured by			Total
	and			real
	industrial			estate
December 31, 2014
By risk category:
Pass	$	58,559		3,099,896			3,158,455
Criticized	—			21,210			21,210
Total commercial loans	$	58,559		3,121,106			3,179,665
December 31, 2013
By risk category:
Pass	$	80,053		2,782,720			2,862,773
Criticized	—			76,942			76,942
Total commercial loans	$	80,053		2,859,662			2,939,715
In addition, while we monitor past due status, we do not consider it a key driver of our credit risk management practices for commercial loans. The following table provides past due information for commercial loans.
(in thousands)	Commercial			Secured by			Total
	and			real
	industrial			estate
December 31, 2014
By delinquency status:
Current-29 days past due (DPD) and still accruing	$	58,559		3,112,991			3,171,550
30-89 DPD and still accruing	—			3,901			3,901
90+ DPD and still accruing	—			—			—
Nonaccrual loans	—			4,214			4,214
Total commercial loans	$	58,559		3,121,106			3,179,665
December 31, 2013
By delinquency status:
Current-29 DPD and still accruing	$	80,053		2,845,445			2,925,498
30-89 DPD and still accruing	—			5,383			5,383
90+ DPD and still accruing	—			32			32
Nonaccrual loans	—			8,802			8,802
Total commercial loans	$	80,053		2,859,662			2,939,715
CONSUMER CREDIT QUALITY INDICATORS We have various classes of consumer loans that present respective unique risks. Loan delinquency, FICO credit scores and LTV/CLTV for loan types are common credit quality indicators that we monitor and utilize in our evaluation of the appropriateness of the allowance for credit losses for the consumer portfolio segment.
The majority of our loss estimation techniques used for the allowance for credit losses rely on delinquency matrix models or delinquency roll rate models. Therefore, delinquency is an important indicator of credit quality and the establishment of our allowance for credit losses.
The following table provides the outstanding balances of our consumer portfolio by delinquency status.
(in thousands)	Real estate			Real estate			Total
	1-4 family			1-4 family
	first			junior lien
	mortgage			mortgage
December 31, 2014
By delinquency status:
Current-29 DPD	$	7,819,624		1,670,204			9,489,828
30-59 DPD	43,991			22,639			66,630
60-89 DPD	24,190			13,360			37,550
90-119 DPD	12,856			8,049			20,905
120-179 DPD	19,552			10,351			29,903
180+ DPD	114,508			23,907			138,415
Remaining PCI accounting adjustments	(11,427		)	(2,192	)		(13,619	)
Total consumer loans	$	8,023,294		1,746,318			9,769,612
December 31, 2013
By delinquency status:
Current-29 DPD	$	7,752,236		2,061,719			9,813,955
30-59 DPD	59,740			25,152			84,892
60-89 DPD	31,133			15,808			46,941
90-119 DPD	25,327			10,644			35,971
120-179 DPD	29,786			13,004			42,790
180+ DPD	142,432			27,033			169,465
Remaining PCI accounting adjustments	(11,508		)	(1,880	)		(13,388	)
Total consumer loans	$	8,029,146		2,151,480			10,180,626
The following table provides a breakdown of our consumer portfolio by updated FICO. We obtain FICO scores at loan origination and the scores are updated at least quarterly. FICO is not available for certain loan types and may not be obtained if we deem it unnecessary due to strong collateral and other borrower attributes.
(in thousands)	Real estate			Real estate			Total
	1-4 family			1-4 family
	first			junior lien
	mortgage			mortgage
31-Dec-14
By updated FICO:
< 600	$	352,071		207,535			559,606
600-639	261,911			122,907			384,818
640-679	462,643			200,737			663,380
680-719	974,778			295,492			1,270,270
720-759	1,425,335			354,841			1,780,176
760-799	2,970,256			361,942			3,332,198
800+	1,498,996			184,976			1,683,972
No FICO available	88,731			20,080			108,811
Remaining PCI accounting adjustments	(11,427		)	(2,192	)		(13,619	)
Total consumer loans	$	8,023,294		1,746,318			9,769,612
31-Dec-13
By updated FICO:
< 600	$	455,297		263,773			719,070
600-639	290,055			147,750			437,805
640-679	549,971			255,471			805,442
680-719	1,117,402			364,122			1,481,524
720-759	1,534,245			426,606			1,960,851
760-799	2,732,616			462,568			3,195,184
800+	1,297,140			221,740			1,518,880
No FICO available	63,928			11,330			75,258
Remaining PCI accounting adjustments	(11,508		)	(1,880	)		(13,388	)
Total consumer loans	$	8,029,146		2,151,480			10,180,626
LTV refers to the ratio comparing the loan’s unpaid principal balance to the property’s collateral value. CLTV refers to the combination of first mortgage and junior lien mortgage ratios. LTVs and CLTVs are updated quarterly using a cascade approach which first uses values provided by automated valuation models (AVMs) for the property. If an AVM is not available, then the value is estimated using the original appraised value adjusted by the change in Home Price Index (HPI) for the property location. If an HPI is not available, the original appraised value is used. The HPI value is normally the only method considered for high value properties, generally with an original value of $1 million or more, as the AVM values have proven less accurate for these properties.
The following table shows the most updated LTV and CLTV distribution of the real estate 1-4 family first and junior lien mortgage loan portfolios. We consider the trends in residential real estate markets as we monitor credit risk and establish our allowance for credit losses. In the event of a default, any loss should be limited to the portion of the loan amount in excess of the net realizable value of the underlying real estate collateral value. Certain loans do not have an LTV or CLTV primarily due to industry data availability and portfolios acquired from or serviced by other institutions.
(in thousands)	Real estate			Real estate			Total
	1-4 family			1-4 family
	first			junior lien
	mortgage			mortgage by
	by LTV			CLTV
31-Dec-14
By LTV/CLTV:
0-60%	$	4,007,543		470,244			4,477,787
60.01-80%	2,958,255			445,892			3,404,147
80.01-100%	801,111			453,564			1,254,675
100.01-120% (1)	164,249			249,423			413,672
> 120% (1)	64,619			127,355			191,974
No LTV/CLTV available	38,944			2,032			40,976
Remaining PCI accounting adjustments	(11,427		)	(2,192	)		(13,619	)
Total consumer loans	$	8,023,294		1,746,318			9,769,612
31-Dec-13
By LTV/CLTV:
0-60%	$	3,812,361		508,054			4,320,415
60.01-80%	2,835,903			500,730			3,336,633
80.01-100%	959,680			537,107			1,496,787
100.01-120% (1)	267,814			367,842			635,656
> 120% (1)	120,418			236,576			356,994
No LTV/CLTV available	44,478			3,051			47,529
Remaining PCI accounting adjustments	(11,508		)	(1,880	)		(13,388	)
Total consumer loans	$	8,029,146		2,151,480			10,180,626
-1	Reflects total loan balances with LTV/CLTV amounts in excess of 100%. In the event of default, the loss content would generally be limited to only the amount in excess of 100% LTV/CLTV.
NONACCRUAL LOANS The following table provides loans on nonaccrual status. PCI loans are excluded from this table due to the existence of the accretable yield.
	December 31,
(in thousands)	2014			2013
Commercial:
Commercial and industrial	$	—		—
Secured by real estate	4,214			8,802
Total commercial	4,214			8,802
Consumer:
Real estate 1-4 family first mortgage	236,859			310,069
Real estate 1-4 family junior lien mortgage	80,375			104,423
Total consumer	317,234			414,492
Total nonaccrual loans (excluding PCI)	$	321,448		423,294
LOANS 90 DAYS OR MORE PAST DUE AND STILL ACCRUING Certain loans 90 days or more past due as to interest or principal are still accruing, because they are (1) well-secured and in the process of collection or (2) real estate 1-4 family mortgage loans exempt under regulatory rules from being classified as nonaccrual until later delinquency, usually 120 days past due. PCI loans of $4.9 million at December 31, 2014, and $7.0 million at December 31, 2013, are excluded from this disclosure even though they are 90 days or more contractually past due. These PCI loans are considered to be accruing because they continue to earn interest from accretable yield, independent of performance in accordance with their contractual terms.
The following table shows non-PCI loans 90 days or more past due and still accruing.
	December 31,
(in thousands)	2014			2013
Commercial:
Commercial and industrial	$	—		—
Secured by real estate	—			—
Total commercial	—			—
Consumer:
Real estate 1-4 family first mortgage	6,020			13,120
Real estate 1-4 family junior lien mortgage	4,240			5,062
Total consumer	10,260			18,182
Total past due (excluding PCI)	$	10,260		18,182
Impaired Loans The table below summarizes key information for impaired loans. Our impaired loans predominantly include loans on nonaccrual status in the commercial portfolio segment and loans modified in a TDR, whether on accrual or nonaccrual status. These impaired loans generally have estimated losses which are included in the allowance for credit losses. We have impaired loans with no allowance for credit losses when loss content has been
previously recognized through charge-offs and we do not anticipate additional charge-offs or losses, or certain loans are currently performing in accordance with their terms and for which no loss has been estimated. Impaired loans exclude PCI loans. The table below includes trial modifications that totaled $15.1 million at December 31, 2014, and $20.0 million at December 31, 2013.
				Recorded investment
(in thousands)	Unpaid			Impaired			Impaired loans			Related
	principal			loans			with related			allowance for
	balance						allowance for			credit losses
							credit losses
December 31, 2014
Commercial:
Commercial and industrial	$	—		—			—			—
Secured by real estate	7,391			5,127			5,127			1,941
Total commercial	7,391			5,127			5,127			1,941
Consumer:
Real estate 1-4 family first mortgage	483,084			397,858			283,549			68,589
Real estate 1-4 family junior lien mortgage	157,182			125,406			106,777			43,110
Total consumer	640,266			523,264			390,326			111,699
Total impaired loans (excluding PCI)	$	647,657		528,391			395,453			113,640
December 31, 2013
Commercial:
Commercial and industrial	$	—		—			—			—
Secured by real estate	10,751			8,280			8,280			4,262
Total commercial	10,751			8,280			8,280			4,262
Consumer:
Real estate 1-4 family first mortgage	489,857			405,461			310,367			80,130
Real estate 1-4 family junior lien mortgage	147,594			132,481			112,860			54,309
Total consumer	637,451			537,942			423,227			134,439
Total impaired loans (excluding PCI)	$	648,202		546,222			431,507			138,701
The following table provides the average recorded investment in impaired loans and the amount of interest income recognized on impaired loans by portfolio segment and class.
	Year ended December 31,
	2014							2013						2012
(in thousands)	Average			Recognized				Average			Recognized			Average		Recognized
	recorded			interest				recorded			interest			recorded		interest
	investment			income				investment			income			investment		income
Commercial:
Commercial and industrial	$	—		—				—			—			—		—
Secured by real estate	6,486			231				1,585			18			762		1
Total commercial	6,486			231				1,585			18			762		1
Consumer:
Real estate 1-4 family first mortgage	403,050			20,676				133,483			9,059			55,962		3,177
Real estate 1-4 family junior lien mortgage	128,374			9,754				38,257			3,186			21,534		1,322
Total consumer	531,424			30,430				171,740			12,245			77,496		4,499
Total impaired loans	$	537,910		30,661				173,325			12,263			78,258		4,500
Interest income:
Cash basis of accounting				10,343							5,490					542
Other (1)				20,318							6,773					3,958
Total interest income				$	30,661						12,263					4,500
-1	Includes interest recognized on accruing TDRs and interest recognized related to the passage of time on certain impaired loans. See footnote 1 to the table of changes in the allowance for credit losses.
Troubled Debt Restructuring (TDRs) When, for economic or legal reasons related to a borrower’s financial difficulties, we grant a concession for other than an insignificant period of time to a borrower that we would not otherwise consider, the related loan is classified as a TDR. We do not consider any loans modified through a loan resolution such as foreclosure or short sale to be a TDR.
We may require some consumer borrowers experiencing financial difficulty to make trial payments generally for a period of three to four months, according to the terms of a planned permanent modification, to determine if they can perform according to those terms. These arrangements represent trial modifications, which we classify and account for as TDRs. While loans are in trial payment programs, their original terms are not considered modified and they continue to advance through delinquency status and accrue interest according to their original terms. The planned modifications for these arrangements predominantly involve interest rate reductions or other interest rate concessions, however, the exact concession type and resulting financial effect are usually not finalized and do not take effect until the loan is permanently modified. The trial period terms are developed in accordance with our proprietary programs or the U.S. Treasury’s Making Homes Affordable programs for real estate 1-4 family first lien (i.e. Home Affordable Modification Program - HAMP) and junior lien (i.e. Second Lien Modification Program - 2MP) mortgage loans.
At December 31, 2014, the loans in trial modification period were $7.7 million under HAMP, $1.3 million under 2MP and $6.1 million under proprietary programs, compared with $7.7 million, $2.0 million and $10.3 million at December 31, 2013, respectively. Trial modifications with a recorded investment of $6.8 million at December 31, 2014, and $9.8 million at December 31, 2013, were accruing loans and $8.3 million and $10.2 million, respectively, were nonaccruing loans. Our experience is that substantially all of the mortgages that enter a trial payment period program are successful in completing the program requirements and are then permanently modified at the end of the trial period. As previously discussed, our allowance process considers the impact of those modifications that are probable to occur including the associated credit cost and related re-default risk.
The following table summarizes our TDR modifications for the periods presented by primary modification type and includes the financial effects of these modifications. For those loans that may be modified more than once, the table reflects each modification that occurred during the period. For loans contributed from WPFC, the table reflects activity occurring subsequent to the loan contribution.
	Primary modification type (1)													Financial effects of modifications
(in thousands)	Principal (2)			Interest				Other			Total			Charge-		Weighted		Recorded
				rate				concessions (3)						offs (4)		average		investment
				reduction												interest		related to
																rate		interest rate
																reduction		reduction (5)
Year ended December 31, 2014
Commercial:
Secured by real estate	$	—		44				531			575			—		2	%	$	44
Total commercial	—			44				531			575			—		2		44
Consumer:
Real estate 1-4 family first mortgage	21,822			20,195				27,422			69,439			4,379		3.16		39,262
Real estate 1-4 family junior lien mortgage	3,847			6,810				6,587			17,244			3,287		5.2		10,157
Trial modifications (6)	—			—				(89	)		(89	)		—		—		—
Total consumer	25,669			27,005				33,920			86,594			7,666		3.58		49,419
Total	$	25,669		27,049				34,451			87,169			7,666		3.58	%	$	49,463
Year ended December 31, 2013
Commercial:
Total commercial	$	—		—				—			—			—		—	%	$	—
Consumer:
Real estate 1-4 family first mortgage	13,904			13,471				24,853			52,228			1,881		3.23		25,783
Real estate 1-4 family junior lien mortgage	1,950			3,116				8,186			13,252			317		6.2		4,534
Trial modifications (6)	—			—				6,966			6,966			—		—		—
Total consumer	15,854			16,587				40,005			72,446			2,198		3.68		30,317
Total	$	15,854		$	16,587			40,005			72,446			2,198		3.68	%	$	30,317
Year ended December 31, 2012
Commercial:
Total commercial	$	—		—				—			—			—		—	%	$	—
Consumer:
Real estate 1-4 family first mortgage	5,863			11,809				39,393			57,065			2,412		3.27		16,185
Real estate 1-4 family junior lien mortgage	426			1,667				8,972			11,065			6,316		6.79		1,960
Trial modifications	—			—				1,450			1,450			—		—		—
Total consumer	6,289			13,476				49,815			69,580			8,728		3.65		18,145
Total	$	6,289		13,476				49,815			69,580			8,728		3.65	%	$	18,145
-1	Amounts represent the recorded investment in loans after recognizing the effects of the TDR, if any. TDRs with multiple types of concessions are presented only once in the table in the first category type based on the order presented. The reported amounts include loans remodified of $20.5 million, $16.7 million and $9.7 million, for the years ended December 31, 2014, 2013 and 2012, respectively.
-2	Principal modifications include principal forgiveness at the time of the modification, contingent principal forgiveness granted over the life of the loan based on borrower performance, and principal that has been legally separated and deferred to the end of the loan, with a zero percent contractual interest rate.
-3	Other concessions include loan renewals, term extensions and other interest and noninterest adjustments, but exclude modifications that also forgive principal and/or reduce the interest rate.
-4	Charge-offs include write-downs of the investment in the loan in the period it is contractually modified. The amount of charge-off will differ from the modification terms if the loan has been charged down prior to the modification based on our policies. In addition, there may be cases where we have a charge-off/down with no legal principal modification. Modifications resulted in legally forgiving principal (actual, contingent or deferred) of $5.2 million, $3.1 million and $1.2 million for the years ended December 31, 2014, 2013 and 2012, respectively.
-5	Reflects the effect of reduced interest rates to loans with a principal or interest rate reduction primary modification type.
-6	Trial modifications are granted a delay in payments due under the original terms during the trial payment period. However, these loans continue to advance through delinquency status and accrue interest according to their original terms. Any subsequent permanent modification generally includes interest rate related concessions; however, the exact concession type and resulting financial effect are usually not known until the loan is permanently modified. Trial modifications for the period are presented net of previously reported trial modifications that became permanent in the current period.
The table below summarizes permanent modification TDRs that have defaulted in the current period within 12 months of their permanent modification date. We report
these defaulted TDRs based on a payment default definition of 90 days past due for the commercial portfolio segment and 60 days past due for the consumer portfolio segment.
	Recorded investment of defaults
	Year ended December 31,
(in thousands)	2014			2013		2012
Commercial:
Commercial and industrial	$	—		—		—
Secured by real estate	335			—		—
Total commercial	335			—		—
Consumer:
Real estate 1-4 family first mortgage	3,352			2,687		3,753
Real estate 1-4 family junior lien mortgage	1,768			417		618
Total consumer	5,120			3,104		4,371
Total	$	5,455		3,104		4,371

Commitments_Guarantees_and_Oth

Commitments, Guarantees and Other Matters	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments, Guarantees and Other Matters
	Note 3: Commitments, Guarantees and Other Matters
	The Company does not have any consumer lines of credit. Its commercial loan portfolio includes unfunded loan commitments that are provided in the normal course of business. For commercial borrowers, loan commitments generally take the form of revolving credit arrangements to finance their working capital requirements. These instruments are not recorded on the balance sheet until funds are advanced under the commitment. The contractual amount of a lending commitment represents the maximum potential credit risk if it is fully funded and the borrower does not perform according to the terms of the contract. Some of these commitments expire without being funded, and accordingly, total contractual amounts are not representative of actual future credit exposure or liquidity requirements.
	Loan commitments create credit risk in the event that the counterparty draws on the commitment and subsequently fails to perform under the terms of the lending agreement. This risk is incorporated into our overall evaluation of credit risk, and to the extent necessary, an allowance for loan losses is recorded on these commitments. Uncertainties around the timing and amount of funding under these commitments may create liquidity risk for the Company.
	The contract or notional amount of commercial loan commitments to extend credit at December 31, 2014 was $413.5 million, which included $398.7 million of lines of credit and $14.8 million of letters of credit. The contract or notional amount of commercial loan commitments to extend credit at December 31, 2013, was $381.0 million, which included $361.0 million of lines of credit and $20.0 million of letters of credit. The fair value of commitments to extend credit is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the current creditworthiness of the counterparties. The estimated fair value of commitments to extend credit at December 31, 2014 and 2013 was $737 thousand and $517 thousand, respectively. The estimated fair value of lending commitments represents the estimated amount that we would need to pay a third party to assume our December 31, 2014, exposure on lending commitments.
	As part of the loan participation and servicing and assignment agreements with the Bank, the Company provides an indemnification to the Bank if certain events occur. These contingencies generally relate to claims or judgments arising out of participated loans that are not the result of gross negligence or intentional misconduct by the Bank. We were not required to make payments under the indemnification clauses in 2014 or 2013. Since there are no stated or notional amounts included in the indemnification clauses and the contingencies triggering the obligation to indemnify have not occurred and are not expected to occur, we are not able to estimate the maximum amount of future payments under the indemnification clauses. There are no amounts reflected on the balance sheet at December 31, 2014, related to these indemnifications.
	The Company is not currently involved in, nor, to our knowledge, currently threatened with any material litigation. From time to time we may become involved in routine litigation arising in the ordinary course of business. We do not believe that the eventual outcome of any such routine litigation will, in the aggregate, have a material adverse effect on our financial statements. However, in the event of unexpected future developments, it is possible that the ultimate resolution of those matters, if unfavorable, could be material to our financial statements for any particular period.

Fair_Values_of_Assets_and_Liab

Fair Values of Assets and Liabilities	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Values of Assets and Liabilities
	Note 4: Fair Values of Assets and Liabilities
	We use fair value measurements to record fair value adjustments to certain assets and to determine fair value disclosures. We did not elect the fair value option for any financial instruments as permitted in FASB ASC 825, Financial Instruments, which allows companies to elect to carry certain financial instruments at fair value with corresponding changes in fair value reported in the results of operations. See Note 1 (Summary of Significant Accounting Policies) for additional information about our fair value measurement policies and methods.
	Loans We do not record loans at fair value on a recurring basis. As such, valuation techniques discussed herein for loans are primarily for disclosing estimated fair values. However, from time to time, we record nonrecurring fair value adjustments to loans to primarily reflect partial write-downs that are based on the observable market price of the loan or current appraised value of the collateral. As of December 31, 2014 and 2013, assets measured at fair value on a nonrecurring basis were less than 1 percent of total assets.
	The fair value estimates for disclosure purposes differentiate loans based on their financial characteristics, such as product classification, loan category, pricing features and remaining maturity. Prepayment and credit loss estimates are evaluated by product and loan rate.
	The fair value of commercial loans is calculated by discounting contractual cash flows, adjusted for credit loss estimates, using discount rates that are appropriate for loans with similar characteristics and remaining maturity.
	For real estate 1-4 family first and junior lien mortgages, fair value is calculated by discounting contractual cash flows, adjusted for prepayment and credit loss estimates, using discount rates based on current industry pricing (where readily available) or our own estimate of an appropriate risk-adjusted discount rate for loans of similar size, type, remaining maturity and repricing characteristics.
	Disclosures about Fair Value of Financial Instruments The table below is a summary of fair value estimates by level for financial instruments. The carrying amounts in the following table are recorded in the balance sheet under the indicated captions.
	We have not included assets and liabilities that are not financial instruments in our disclosure, such as other assets and other liabilities. The total of the fair value calculations presented does not represent, and should not be construed to represent, the underlying value of the Company.
		Carrying		Estimated fair value
	(in thousands)	amount		Level 1	Level 2	Level 3	Total
	31-Dec-14
	Financial assets
	Cash and cash equivalents (1)	$	—	—	—	—	—
	Loans, net (2)	12,764,840		—	—	13,721,645	13,721,645
	Financial liabilities
	Line of credit with Bank (1)	496,692		—	—	496,692	496,692
	31-Dec-13
	Financial assets
	Cash and cash equivalents (1)	$	—	—	—	—	—
	Loans, net (2)	12,876,589		—	—	13,743,499	13,743,499
	Financial liabilities
	Line of credit with Bank (1)	901,350		—	—	901,350	901,350
	-1	Amounts consist of financial instruments in which carrying value approximates fair value.
	-2	Carrying amount reflects net discount and allowance for loan losses.
	Loan commitments and letters of credit are not included in the table above. See Note 3 (Commitments, Guarantees and Other Matters) for more information about these instruments.

Common_and_Preferred_Stock

Common and Preferred Stock	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Common and Preferred Stock
	Note 5: Common and Preferred Stock
	The Company has authorized preferred and common stock. The following table provides details of common and preferred stock.
		December 31,
		Liquidation		Shares	Shares	Par value		Carrying
		preference per		authorized	issued and	per share		value
		share			outstanding
	2014
	Preferred stock:
	Series A
	6.375%, Cumulative, Perpetual Series A Preferred Stock	$	25	11,000,000	11,000,000	$	0.01	110,000.00
	Series B
	$85 Annual Dividend Per Share, Cumulative, Perpetual Series B Preferred Stock	1,000		1,000	667	0.01		6.67
	Common stock			100,000,000	645	0.01		6.45
	Total			111,001,000	11,001,312			$	110,013.12
	2013
	Preferred stock:
	Series B
	$85 Annual Dividend Per Share, Cumulative, Perpetual Series B Preferred Stock	$	1,000	1,000	667	$	0.01	6.67
	Common stock			1,000	645	0.01		6.45
	Total			2,000	1,312			$	13.12
	In December 2014, the Company sold 11,000,000 shares of our Series A preferred stock in a registered public offering at a price to the public of $25 per share for an aggregate price of $275.0 million. Net proceeds to us were approximately $266.0 million after deducting underwriting discounts and commissions and other offering expenses of approximately $9.0 million. An affiliate of the Company served as the sole book-running manager for the offering, and we paid affiliates $3.1 million in underwriting discounts and commissions. For the year ended December 31, 2014, the Company declared $1.0 million cash dividends on the Series A preferred stock to be paid with the first quarterly dividend in March 2015.
	In the event that the Company is liquidated or dissolved, the holders of the Series A and Series B preferred stock will be entitled to a liquidation preference for each security plus any authorized, declared and unpaid dividends that will be paid prior to any payments to common stockholders. With respect to the payment of dividends and liquidation preference, the Series A preferred stock ranks on parity with Series B preferred stock and senior to the Company’s common stock.
	The certificate of designation for the Series A preferred stock limits our ability to pay dividends on our common stock or make any payment of interest or principal on our line of credit with the Bank if the dividend coverage ratio for the four prior fiscal quarters is less than 150%. The dividend coverage ratio, expressed as a percentage, is calculated by dividing the four prior fiscal quarters’ funds from operation, defined as GAAP net income excluding gains or losses from sales of property, by the amount that would be required to pay annual dividends on the Series A and Series B preferred stock.
	The certificate of designation for the Series A preferred stock also contains a covenant in which we may incur indebtedness in an aggregate amount not exceeding 20% of our stockholders’ equity. Any amount exceeding that amount requires the consent of the holders of two-thirds of the Series A preferred stock, voting as a separate class.
	Except upon the occurrence of a Special Event (as defined below), the Series A preferred stock is not redeemable prior to December 11, 2019. On or after such date, we may redeem the Series A preferred stock for cash, in whole or in part, at the redemption price of $25 per share, plus (a) any authorized, declared, but unpaid dividends and (b) any accumulated but unpaid dividends to the date of redemption.
	A Special Event, which allows redemption of the Series A preferred stock prior to December 11, 2019, means: a Tax Event; an Investment Company Act Event; or a Regulatory Event.
	Tax Event means our determination, based on the receipt by us of an opinion of counsel, rendered by a law firm experienced in such matters, in form and substance satisfactory to us, which states that there is a significant risk that dividends paid or to be paid by us with respect to our capital stock are not or will not be fully deductible by us for United States Federal income tax purposes or that we are or will be subject to additional taxes, duties, or other governmental charges, in an amount we reasonably determine to be significant as a result of:
	•	any amendment to, clarification of, or change in, the laws, treaties, or related regulations of the United States or any of its political subdivisions or their taxing authorities affecting taxation; or
	•	any judicial decision, official administrative pronouncement, published or private ruling, technical advice memorandum, Chief Counsel Advice, as such term is defined in the Code, regulatory procedure, notice, or official announcement
	which amendment, clarification, or change, or such official pronouncement or decision, is announced on or after the original date of issuance of the Series A preferred stock.
	Investment Company Act Event means our determination, based on our receipt of an opinion of counsel, rendered by a law firm experienced in such matters, in form and substance satisfactory to us, which states that there is a significant risk that we are or will be considered an “investment company” that is required to be registered under the Investment Company Act, as a result of the occurrence of a change in law or regulation or a written change in interpretation or application of law or regulation, by any legislative body, court, governmental agency, or regulatory authority.
	Regulatory Event means our reasonable determination, as evidenced by a certificate of one of our senior executive officers, that the Series A preferred stock remaining outstanding would (a) not be consistent with any applicable law or regulation or (b) have a material adverse effect on either us or any of Wells Fargo or the Bank (or any of their respective successors), in each case, as a result of a change in law or regulation or a written change in interpretation or application of law or regulation, by any legislative body, court, governmental agency, or regulatory authority occurring on or after the original date of issuance of the Series A preferred stock, such change in law being reflected in an opinion of counsel, in form and substance satisfactory to us.
	The Series B preferred stock can be redeemed in whole at any time at $1,000 per share plus any accumulated and unpaid dividends. Transfers or pledges of the Series B shares are subject to first refusal by us.

Transactions_With_Related_Part

Transactions With Related Parties	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Transactions With Related Parties
	Note 6: Transactions With Related Parties
	The Company engages in various transactions and agreements with affiliated parties in the ordinary course of business. Due to the nature of common ownership of the Company and the affiliated parties by Wells Fargo, these transactions and agreements could differ from those conducted with unaffiliated parties. The principal items related to transactions with affiliated parties included in the accompanying statement of income and balance sheet are described in the table and narrative below.
		Year ended December 31,
	(in thousands)	2014			2013		2012
	Income statement data
	Interest income:
	Accretion of discounts on loans	$	64,334		10,220		23,514
	Interest on deposits	57			237		1,069
	Total interest income	64,391			10,457		24,583
	Interest expense	1,397			1,210		26
	Loan servicing costs	37,221			13,721		11,355
	Management fees	3,120			2,025		2,082
		December 31,
	(in thousands)	2014			2013
	Balance sheet related data
	Loan acquisitions (year-to-date) (1)	$	2,566,372		3,862,635
	Assets contributed by WPFC (2)	—			8,456,636
	Loan sales (year-to-date)	(23,496		)	(5,670	)
	Foreclosed asset sales (year-to-date)	(14,971		)	(1,181	)
	Line of credit with Bank	496,692			901,350
	Accounts receivable - affiliates, net	54,424			44,135
	-1	Includes accrued interest, see Note 2 (Loans and Allowance for Credit Losses) for additional details.
	-2	See Note 1 (Summary of Significant Accounting Policies) for details on the asset contribution.
	Loans We acquire and sell loans to and from the Bank. The acquisitions and sales are transacted at fair value resulting in acquisition discounts and premiums or gains and losses on sales. The net acquisition discount accretion is reported within interest income. Gains or losses on sales of loans are included within noninterest income. In 2014, all of our acquisitions and sales were with the Bank.
	Effective 2015, we may pledge our loans in an aggregate amount not exceeding 80% of our total assets at any time as collateral on behalf of the Bank for the Bank’s access to secured borrowing facilities through the Federal Home Loan Banks or the discount window of Federal Reserve Banks. In exchange for the pledge of our loan assets, the Bank will pay us a fee that is consistent with market terms. Such fee may be renegotiated by us and the Bank from time to time.
	Loan Servicing Costs The loans in our portfolio are predominantly serviced by the Bank pursuant to the terms of participation and servicing and assignment agreements. In some instances, the Bank has delegated servicing responsibility to third parties that are not affiliated with us or the Bank. Depending on the loan type, the monthly servicing fee charges are based in part on (a) outstanding principal balances, (b) a flat fee per month, or (c) a total loan commitment amount.
	Management Fees We pay the Bank a management fee to reimburse for general overhead expenses, including allocations of technology support and a combination of finance and accounting, risk management and other general overhead expenses incurred on our behalf. Management fees for 2014, 2013 and 2012 were calculated based on Wells Fargo’s total allocable costs multiplied by a formula. The formula is based on our proportion of Wells Fargo’s consolidated: 1) full-time equivalent employees, 2) total average assets and 3) total revenue.
	Deposits Interest income earned on deposits is included in interest income. Our cash management process includes applying operating cash flows to reduce any outstanding balance on our line of credit with the Bank. Operating cash flows are settled through our affiliate accounts receivable/payable process. Upon settlement cash received is either applied to reduce our line of credit outstanding or retained as a deposit with the Bank.
	Foreclosed Assets We sell foreclosed assets back to the Bank from time to time at estimated fair value.
	Line of Credit We have a revolving line of credit with the Bank, pursuant to which we can borrow up to $1.2 billion at a rate of interest equal to the average federal funds rate plus 12.5 basis points (0.125%).
	Accounts Receivable - Affiliates, Net Accounts receivable from or payable to the Bank or its affiliates result from intercompany transactions which include net loan pay-downs, interest receipts, and other transactions, including those transactions noted herein, which have not yet settled.

Schedule_IV_Mortgage_Loans_on_

Schedule IV - Mortgage Loans on Real Estate	12 Months Ended
	Dec. 31, 2014
Mortgage Loans on Real Estate [Abstract]
Mortgage Loans on Real Estate
	Wells Fargo Real Estate Investment Corporation
	Schedule IV - Mortgage Loans on Real Estate
	December 31, 2014
	Mortgage Loans on Real Estate (1)
	(dollars in thousands)	Number of loans			Weighted average interest rate			Weighted average maturity in years		Recorded		Past due amounts(3)
										investment in loans(2)
	Commercial secured by real estate:
	Original balances less than $1,000	467			2.52	%		3.9		$	453,452	1,600
	Original balances $1,000 - $10,000	517			2.51			3.5		1,284,420		6,515
	Original balances over $10,000	74			2.23			3		1,383,234		—
	Total commercial secured by real estate	1,058			2.39			3.3		3,121,106		8,115
	Real estate 1-4 family first mortgage:
	Original balances less than $500	49,164			5.84			18.6		3,758,673		172,785
	Original balances $500 - $1,000	4,700			4.43			25.1		2,768,487		24,866
	Original balances over $1,000	1,263			3.86			24.7		1,496,134		17,446
	Total real estate 1-4 family first mortgage	55,127			4.99			21.9		8,023,294		215,097
	Real estate 1-4 family junior lien mortgage:
	Original balances less than $500	42,770			7.13			16.4		1,705,826		76,043
	Original balances $500 - $1,000	70			6.07			19.7		32,242		1,150
	Original balances over $1,000	9			5.41			19.4		8,250		1,113
	Total real estate 1-4 family junior lien mortgage	42,849			7.1			16.5		1,746,318		78,306
	Total mortgage loans	99,034			4.64			16.7		$	12,890,718	301,518
	(1) Wells Fargo Real Estate Investment Corporation's mortgage portfolio consists of "Commercial secured by real estate," "Real estate 1-4 family first mortgage," and "Real estate 1-4 junior lien mortgage." None of our loans individually exceeds three percent of the total recorded investment in loans.
	(2) Recorded investment is net of charge-downs. Aggregate recorded investment of loans as of December 31, 2014, for Federal income tax purposes is $12.9 billion. Recorded investment includes net related party discount of $348.8 million.
	(3) Amounts greater than 30 days past due. All loans were acquired from related parties. Amounts do not include purchased credit-impaired loans, which are considered to be accruing because they continue to earn interest from accretable yield, independent of performance in accordance with their contractual terms.
	Recorded Investment (1)
	(in thousands)	2014				2013			2012
	Balance, beginning of period	$	13,040,288			4,065,226			2,992,390
	Acquisitions	2,560,760				3,849,096			1,956,014
	Accretion and amortization of adjustments on loans	67,592				11,361			23,374
	Non-cash loan contribution from Wachovia Preferred Funding Corp.	—				7,116,854			—
	Loan balance increases	2,628,352				10,977,311			1,979,388
	Proceeds from principal payments and sales	(2,684,798		)		(1,957,934	)		(850,838	)
	Charge-offs	(80,045		)		(41,337	)		(50,615	)
	Transfers from loans to foreclosed assets	(13,079		)		(2,978	)		(5,099	)
	Loan balance decreases	(2,777,922		)		(2,002,249	)		(906,552	)
	Balance, end of period	$	12,890,718			13,040,288			4,065,226
	(1) Table presents annual changes in the recorded investment in loans. All loan acquisitions and sale transactions were with related parties. See Note 1 (Summary of Significant Accounting Policies) and Note 2 (Loans and Allowance for Credit Losses) to Financial Statements for additional information on loan transactions, including term extensions in the form of TDRs.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Significant Accounting Policies [Line Items]
Nature of Operations	Wells Fargo Real Estate Investment Corporation (formerly Wachovia Real Estate Investment Corp.) (the Company, we, our or us) is a direct subsidiary of Wachovia Preferred Funding Corp. (WPFC) and an indirect subsidiary of both Wells Fargo & Company (Wells Fargo) and Wells Fargo Bank, National Association (the Bank). The Company, a Delaware corporation, has operated as a REIT since its formation in 1996.
Use of estimates	The accounting and reporting policies of the Company are in accordance with U.S. generally accepted accounting principles (GAAP). The preparation of the financial statements in accordance with GAAP requires management to make estimates based on assumptions about future economic and market conditions that affect the reported amounts of assets and liabilities at the date of the financial statements and income and expenses during the reporting period and the related disclosures. Although our estimates contemplate current conditions and how we expect them to change in the future, it is reasonably possible that actual future conditions could be worse than anticipated in those estimates, which could materially affect our results of operations and financial condition. Management has made significant estimates related to the allowance for credit losses (Note 2 (Loans and Allowance for Credit Losses)). Actual results could differ from those estimates.
Accounting Standards Adopted in 2014	Accounting Standards Adopted in 2014
	In 2014, we adopted the following new accounting guidance:
	•	Accounting Standards Update (ASU) 2014-14, Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans Upon Foreclosure; and
	•	ASU 2014-04, Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure
Cash and Cash Equivalents	Cash and Cash Equivalents
	Cash and cash equivalents include cash and amounts due from banks and interest-bearing bank balances. Generally, cash and cash equivalents have maturities of three months or less, and accordingly, the carrying amount of these instruments is deemed to be a reasonable estimate of fair value.
Loans	Loans
	We have acquired, or accepted as capital contributions, participation interests in loans both secured and not secured by real estate along with other assets. We anticipate that we will acquire, or receive as capital contributions, loans or other assets from the Bank pursuant to loan participation and servicing and assignment agreements among the Bank, certain of its subsidiaries and us.
	Substantially all of our interests in mortgage loans and other assets have been acquired from the Bank pursuant to loan participation and servicing and assignment agreements. The Bank originated the loans, purchased them from other financial institutions or acquired them as part of the acquisition of other financial institutions. Substantially all of our loans are serviced by the Bank.
	In general, the Bank initially transfers participation interests in loans to a subsidiary of the Bank that does not have a direct or indirect ownership interest in us, which then
	transfers such participation interests to us. We may from time to time transfer such participation interests back to the subsidiary, which may ultimately transfer such interests back to the Bank.
	Pursuant to the terms of the relevant participation and servicing and assignment agreements, we generally may not sell, transfer, encumber, assign, pledge or hypothecate our participation interests in loans without the prior written consent of the Bank. As such, the transfers do not qualify for sale accounting; however the assets continue to be classified as loans in our financial statements because the returns and recoverability of these non-recourse receivables are entirely dependent on the performance of the underlying loans. The Company initially measures the non-recourse receivables at the cash proceeds exchanged which represents the fair value of the transferred loans.
	Loans are recorded at the principal balance outstanding, net of any cumulative charge-offs and unamortized premium or discount on acquired loans. Interest income is recognized on an accrual basis. Premiums and discounts are amortized as an adjustment to the yield over the contractual life of the loan using the interest method. If a prepayment occurs on a loan, any related premium or discount is recognized as an adjustment to yield in the results of operations in the period in which the prepayment occurs.
	Loans acquired in a transfer, including business combinations where there is evidence of credit deterioration since origination and it is probable at the date of acquisition that we will not collect all contractually required principal and interest payments, are accounted for as purchased credit-impaired (PCI) loans. Substantially all of our PCI loans were acquired in the December 31, 2008 acquisition of Wachovia Corporation by Wells Fargo. PCI loans are initially recorded at fair value, which includes estimated future credit losses expected to be incurred over the life of the loan. Accordingly, the historical allowance for credit losses is not carried over. A nonaccretable difference is established for PCI loans to absorb losses expected on those loans at the date of acquisition. Amounts absorbed by the nonaccretable difference do not affect the income statement or the allowance for credit losses. PCI loans were less than 1 percent of total loans at December 31, 2014 and 2013.
	Nonaccrual and Past Due Loans
	We generally place loans on nonaccrual status when:
	•	the full and timely collection of interest or principal becomes uncertain (generally based on an assessment of the borrower’s financial condition and the adequacy of collateral, if any);
	•	they are 90 days (120 days with respect to real estate 1-4 family first and junior lien mortgages) past due for interest or principal, unless both well-secured and in the process of collection;
	•	part of the principal balance has been charged off (including loans discharged in bankruptcy);
	•	for junior lien mortgages, we have evidence that the related first lien mortgage may be 120 days past due or in the process of foreclosure regardless of the junior lien delinquency status; or
	•	performing consumer loans are discharged in bankruptcy, regardless of their delinquency status.
	PCI loans were written down at acquisition to fair value
	using an estimate of cash flows deemed to be collectible. Accordingly, such loans are no longer classified as nonaccrual even though they may be contractually past due because we expect to fully collect the new carrying values of such loans (that is, the new cost basis arising out of purchase accounting).
	When we place a loan on nonaccrual status, we reverse the accrued unpaid interest receivable against interest income and amortization of any net deferred fees is suspended. If the ultimate collectability of the recorded loan balance is in doubt for a nonaccrual loan, the cost recovery method is used and cash collected is applied to first reduce the carrying value of the loan. Otherwise, interest income may be recognized to the extent cash is received. Generally, we return a loan to accrual status when all delinquent interest and principal become current under the terms of the loan agreement and collectability of remaining principal and interest is no longer doubtful.
	For modified loans, we re-underwrite at the time of a restructuring to determine if there is sufficient evidence of sustained repayment capacity based on the borrower’s financial strength, including documented income, debt to income ratios and other factors. If the borrower has demonstrated performance under the previous terms and the underwriting process shows the capacity to continue to perform under the restructured terms, the loan will generally remain in accruing status. When a loan classified as a TDR performs in accordance with its modified terms, the loan either continues to accrue interest (for performing loans) or will return to accrual status after the borrower demonstrates a sustained period of performance (generally six consecutive months of payments, or equivalent, inclusive of consecutive payments made prior to the modification). Loans will be placed on nonaccrual status and a corresponding charge-off is recorded if we believe it is probable that principal and interest contractually due under the modified terms of the agreement will not be collectible.
	Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates.
	Loan Charge-off Policies
	For commercial loans, we generally fully charge off or charge down to net realizable value (fair value of collateral, less estimated costs to sell) for loans secured by collateral when:
	•	management judges the loan to be uncollectible;
	•	repayment is deemed to be protracted beyond reasonable time frames;
	•	the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies;
	•	the customer has filed bankruptcy and the loss becomes evident owing to a lack of assets; or
	•	the loan is 180 days past due unless both well-secured and in the process of collection.
	For consumer loans, we fully charge off or charge down to net realizable value when deemed uncollectible due to bankruptcy discharge or other factors, or no later than when the loan is 180 days past due.
	Impaired Loans
	We consider a loan to be impaired when, based on current information and events, we determine that we will not be able to collect all amounts due according to the loan contract, including scheduled interest payments. This evaluation is generally based on delinquency information, an assessment of the borrower’s financial condition and the adequacy of collateral, if any. Our impaired loans predominantly include loans on nonaccrual status for commercial and industrial, commercial secured by real estate (CSRE) and any loans modified in a TDR, on both accrual and nonaccrual status.
	When we identify a loan as impaired, we generally measure the impairment, if any, based on the difference between the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount) and the present value of expected future cash flows, discounted at the loan’s effective interest rate. When the value of an impaired loan is calculated by discounting expected cash flows, interest income is recognized using the loan’s effective interest rate over the remaining life of the loan. When collateral is the sole source of repayment for the impaired loan, rather than the borrower’s income or other sources of repayment, we charge down to net realizable value.
	Troubled Debt Restructurings
	In situations where, for economic or legal reasons related to a borrower’s financial difficulties, we grant a concession for other than an insignificant period of time to the borrower that we would not otherwise consider, the related loan is classified as a TDR. These modified terms may include rate reductions, principal forgiveness, term extensions, payment forbearance and other actions intended to minimize our economic loss and to avoid foreclosure or repossession of the collateral. For modifications where we forgive principal, the entire amount of such principal forgiveness is immediately charged off. Loans classified as TDRs, including loans in trial payment periods (trial modifications), are considered impaired loans. Other than resolutions such as foreclosures and sales, we may remove loans held for investment from TDR classification, but only if they have been refinanced or restructured at market terms and qualify as a new loan.
	Foreclosed Assets
	Foreclosed assets obtained through our lending activities primarily include real estate. Generally, loans have been written down to their net realizable value prior to foreclosure. Any further reduction to their net realizable value is recorded with a charge to the allowance for credit losses at foreclosure. We allow up to 90 days after foreclosure to finalize determination of net realizable value. Thereafter, changes in net realizable value are recorded to foreclosed assets expense. The net realizable value of these assets is reviewed and updated periodically depending on the type of property.
	Allowance for Credit Losses (ACL)
	The allowance for credit losses is management’s estimate of credit losses inherent in the loan portfolio, including unfunded credit commitments, at the balance sheet date. We have an established process to determine the appropriateness of the allowance for credit losses that assesses the losses inherent in our portfolio and related unfunded credit commitments. While we attribute portions of the allowance to our respective commercial and consumer portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio and unfunded credit commitments.
	Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, losses are estimated collectively for groups of loans with similar characteristics, individually or pooled for impaired loans or, for PCI loans, based on the changes in cash flows expected to be collected.
	Our allowance levels are influenced by loan volumes, loan grade migration or delinquency status, historic loss experience influencing loss factors, and other conditions influencing loss expectations, such as economic conditions.
	COMMERCIAL PORTFOLIO SEGMENT ACL METHODOLOGY Generally, commercial loans are assessed for estimated losses by grading each loan using various risk factors as identified through periodic reviews. Our estimation approach for the commercial portfolio reflects the estimated probability of default in accordance with the borrower’s financial strength, and the severity of loss in the event of default, considering the quality of any underlying collateral. Probability of default and severity at the time of default are statistically derived through historical observations of default and losses after default within each credit risk rating. These loss estimates are adjusted as appropriate based on additional analysis of long-term average loss experience compared to previously forecasted losses, external loss data or other risks identified from current economic conditions and credit quality trends. The estimated probability of default and severity at the time of default are applied to loan equivalent exposures to estimate losses for unfunded credit commitments.
	The allowance also includes an amount for the estimated impairment on nonaccrual commercial loans and commercial loans modified in a TDR, whether on accrual or nonaccrual status.
	CONSUMER PORTFOLIO SEGMENT ACL METHODOLOGY For consumer loans that are not identified as a TDR, we determine the allowance predominantly on a collective basis utilizing forecasted losses to represent our best estimate of inherent loss. We pool loans, generally by product types with similar risk characteristics, such as residential real estate mortgages. As appropriate and to achieve greater accuracy, we may further stratify selected portfolios by sub-product and other predictive characteristics. Models designed for each pool are utilized to develop the loss estimates. We use assumptions for these pools in our forecast models, such as historic delinquency and default, vintage and maturation, loss severity, home price trends, unemployment trends, and other key economic variables that may influence the frequency and severity of losses in the pool.
	In determining the appropriate allowance attributable to our residential mortgage portfolio, we take into consideration portfolios determined to be at elevated risk, such as junior lien mortgages behind delinquent first lien mortgages. We incorporate the default rates and high severity of loss for these higher risk portfolios, including the impact of our established loan modification programs. When modifications occur or are probable to occur, our allowance considers the impact of these modifications, taking into consideration the associated credit cost, including re-defaults of modified loans and projected loss severity. Accordingly, the loss content associated with the effects of existing and probable loan modifications and higher risk portfolios has been captured in our allowance methodology.
	We separately estimate impairment for consumer loans that have been modified in a TDR (including trial modifications), whether on accrual or nonaccrual status.
	OTHER ACL MATTERS The allowance for credit losses for both portfolio segments includes an amount for imprecision or uncertainty that may change from period to period. This amount represents management’s judgment of risks inherent in the processes and assumptions used in establishing the allowance. This imprecision considers economic environmental factors, modeling assumptions and performance, process risk, and other subjective factors, including industry trends and emerging risk assessments.
Fair Values of Financial Instruments	Fair Value of Financial Instruments
	We use fair value measurements in our fair value disclosures and to record certain assets and liabilities at fair value.
	DETERMINATION OF FAIR VALUE We base our fair values on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, and accordingly, do not determine fair value based upon a forced liquidation or distressed sale. Where necessary, we estimate fair value using other market observable data such as market indices, and industry ratings of underlying collateral or models employing techniques such as discounted cash flow analyses. The assumptions we use in the models, which typically include assumptions for interest rates, credit losses and prepayments, are verified against market observable data where possible. We apply market observable real estate data in valuing instruments where the underlying collateral is real estate or where the fair value of an instrument being valued highly correlates to real estate prices. Where appropriate, we may use a combination of these valuation approaches.
	Where the market price of the same or similar instruments is not available, the valuation of financial instruments becomes more subjective and involves a high degree of judgment. Where modeling techniques are used, the models are subject to validation procedures by our internal valuation model validation group in accordance with risk management policies and procedures.
	We did not elect the fair value option for any financial instruments as permitted in FASB ASC 825, Financial Instruments, which allows companies to elect to carry certain financial instruments at fair value with corresponding changes in fair value reported in the results of operations.
	FAIR VALUE HIERARCHY We group our assets and liabilities measured at fair value in three levels based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. These levels are:
	•	Level 1 - Valuation is based upon quoted prices for identical instruments traded in active markets.
	•	Level 2 - Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.
	•	Level 3 - Valuation is generated from techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.
	In the determination of the classification of financial instruments in Level 2 or Level 3 of the fair value hierarchy, we consider all available information, including observable market data, indications of market liquidity and orderliness, and our understanding of the valuation techniques and significant inputs used. Based upon the specific facts and circumstances of each instrument or instrument category, we make judgments regarding the significance of the Level 3 inputs to the instruments' fair value measurement in its entirety. If Level 3 inputs are considered significant, the instrument is classified as Level 3.
Income Taxes	Income Taxes
	We are taxed as a REIT under relevant sections of the Internal Revenue Code of 1986 (the Code). A REIT is generally not subject to federal income tax to the extent it complies with the relevant provisions of the Code, including distributing the majority of its taxable earnings to shareholders, and as long as certain asset, income and stock ownership tests are met. For the tax year ended December 31, 2014, we complied with these provisions and are not subject to federal income tax.
	As a REIT, dividends paid on preferred and common shares generally constitute ordinary income to the shareholder. However, distributions paid on common shares in excess of REIT taxable income, computed without regard to the dividends paid deduction, do not qualify as dividend income, and instead constitute a return of capital. In the event we do not continue to qualify as a REIT, earnings and cash provided by operating activities available for distribution to shareholders would be reduced by the amount of any applicable income tax obligation. The preferred and common dividends we pay as a REIT are ordinary investment income not eligible for the dividends received deduction for corporate shareholders or for the favorable qualified dividend tax rate applicable to non-corporate taxpayers. If we were not a REIT, preferred and common dividends we pay generally would qualify for the dividends received deduction for corporate shareholders and the favorable qualified dividend tax rate applicable to non-corporate taxpayers.
	We file a separate federal income tax return and therefore are not included in the Wells Fargo consolidated tax returns or subject to the allocation of federal income tax liability (benefit) resulting from these consolidated tax returns. In addition, we will file unitary state income tax returns along with other subsidiaries of Wells Fargo.
	We evaluate uncertain tax positions in accordance with FASB ASC 740, Income Taxes. Based upon its current evaluation, we have concluded that there are no significant uncertain tax positions relevant to the jurisdictions where it is required to file income tax returns requiring recognition in the financial statements at December 31, 2014.
Earnings Per Common Share	Earnings Per Common Share
	We compute basic earnings per share by dividing income available to common stockholders by the weighted average number of shares of common stock outstanding for the period. We compute diluted earnings per share by dividing income available to common stockholders by the sum of the weighted average number of shares adjusted to include the effect of potentially dilutive shares. Income available to common stockholders is computed as net income less dividends on preferred stock. There were no potentially dilutive shares in any period presented and accordingly, basic and diluted earnings per share are the same.
Retained Earnings (Deficit)	Retained Earnings (Deficit)
	We expect to distribute annually an aggregate amount of dividends with respect to outstanding capital stock equal to approximately 100 percent of our REIT taxable income for federal income tax purposes. Because our net income determined under GAAP may vary from the determination of REIT taxable income, periodic distributions may exceed our GAAP net income.
	The retained deficit included within our balance sheet results from cumulative distributions that have exceeded GAAP net income, primarily due to the impact on REIT taxable income of purchase accounting adjustments attributable to the Company from the 2008 acquisition of Wachovia Corporation by Wells Fargo. The remaining purchase accounting adjustments at December 31, 2014, are not significant.
Subsequent Events	Subsequent Events
	We have evaluated the effects of subsequent events that have occurred subsequent to December 31, 2014. There were no subsequent events requiring adjustment to the financial statements or disclosure in the Notes to Financial Statements.
ASU 2014-14 [Member]
Significant Accounting Policies [Line Items]
Accounting Standards Adopted in 2014	ASU 2014-14 requires certain government-guaranteed mortgage loans to be classified as other receivables upon foreclosure and measured based on the loan balance expected to be recovered from the guarantor. We early adopted this guidance in fourth quarter 2014, effective as of January 1, 2014, through a modified retrospective transition. Our adoption of this Update did not have a material effect on our financial statements.
ASU 2014-04 [Member]
Significant Accounting Policies [Line Items]
Accounting Standards Adopted in 2014	ASU 2014-04 clarifies the timing of when a creditor has taken physical possession of residential real estate collateral for a consumer mortgage loan, resulting in the reclassification of the loan receivable to real estate owned. The guidance also requires disclosure of the amount of foreclosed residential real estate property held by the creditor and the recorded investment in residential real estate mortgage loans that are in process of foreclosure. We adopted this guidance in first quarter 2014. This Update did not have a material effect on our financial statements as this guidance was consistent with our prior practice.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of consideration of assets from parent	The following table presents total loans contributed by portfolio segment, allowance for credit losses and other assets and liabilities contributed.
	(in thousands)	2013
	Loans:
	Total commercial	$	1,776,464
	Total consumer	5,373,016
	Total loans contributed	7,149,480
	Allowance for loan losses	(196,784		)
	Allowance for unfunded commitments	(282		)
	Total allowance for credit losses	(197,066		)
	Other assets (liabilities) contributed:
	Accrued interest receivable	18,040
	Foreclosed assets	2,401
	Servicing advances and accruals	(6,219		)
	Total net other assets contributed	14,222
	Total assets contributed	$	6,966,636

Loans_and_Allowance_for_Credit1

Loans and Allowance for Credit Losses (Tables)	12 Months Ended
	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans and Allowance for Credit Losses, Loans Outstanding	The following table presents total loans outstanding by portfolio segment and class of financing receivable. Outstanding balances include a total net reduction of $347.1 million and $325.0 million at December 31, 2014 and 2013, respectively, which were predominantly all unamortized discounts and premiums.
		December 31,
	(in thousands)	2014			2013			2012
	Commercial:
	Commercial and industrial	$	58,559		80,053			47,272
	Secured by real estate	3,121,106			2,859,662			246,344
	Total commercial	3,179,665			2,939,715			293,616
	Consumer:
	Real estate 1-4 family first mortgage	8,023,294			8,029,146			3,361,857
	Real estate 1-4 family junior lien mortgage	1,746,318			2,151,480			457,025
	Total consumer	9,769,612			10,180,626			3,818,882
	Total loans	$	12,949,277		13,120,341			4,112,498
Loans and Allowance for Credit Losses, Significant Activity	The following table summarizes the proceeds paid (including accrued interest receivable of $5.6 million and $8.7 million in 2014 and 2013, respectively) or received from the Bank for acquisitions and sales of loans, respectively.
		2014									2013
	(in thousands)	Commercial			Consumer			Total			Commercial			Consumer		Total
	Year ended December 31,
	Loan acquisitions	$	800,996		1,765,376			2,566,372			974,757			2,887,878		3,862,635
	Loan sales	(493		)	(23,003	)		(23,496	)		—			(5,670	)	(5,670	)
Loans and Allowance for Credit Losses, Allowance for Credit Losses	Changes in the allowance for credit losses were:
		Year ended December 31,
	(in thousands)	2014			2013			2012
	Balance, beginning of year	$	244,269		65,459			68,535
	Provision for credit losses	6,665			18,235			45,376
	Interest income on certain impaired loans (1)	(3,729		)	(1,865	)		(1,590	)
	Loan charge-offs:
	Commercial:
	Commercial and industrial	—			—			—
	Secured by real estate	(531		)	(55	)		(1,719	)
	Total commercial	(531		)	(55	)		(1,719	)
	Consumer:
	Real estate 1-4 family first mortgage	(32,162		)	(17,644	)		(19,417	)
	Real estate 1-4 family junior lien mortgage	(47,352		)	(23,638	)		(29,479	)
	Total consumer	(79,514		)	(41,282	)		(48,896	)
	Total loan charge-offs	(80,045		)	(41,337	)		(50,615	)
	Loan recoveries:
	Commercial:
	Commercial and industrial	—			—			—
	Secured by real estate	292			246			1,464
	Total commercial	292			246			1,464
	Consumer:
	Real estate 1-4 family first mortgage	6,709			2,334			523
	Real estate 1-4 family junior lien mortgage	11,013			4,131			1,766
	Total consumer	17,722			6,465			2,289
	Total loan recoveries	18,014			6,711			3,753
	Net loan charge-offs	(62,031		)	(34,626	)		(46,862	)
	Allowance related to loan contribution	$	—		197,066			—
	Balance, end of year	185,174			244,269			65,459
	Components:
	Allowance for loan losses	$	184,437		243,752			65,340
	Allowance for unfunded credit commitments	737			517			119
	Allowance for credit losses	$	185,174		244,269			65,459
	Net loan charge-offs as a percentage of average total loans	0.49		%	0.62			1.43
	Allowance for loan losses as a percentage of total loans	1.42			1.86			1.59
	Allowance for credit losses as a percentage of total loans	1.43			1.86			1.59
	-1	Certain impaired loans with an allowance calculated by discounting expected cash flows using the loan’s effective interest rate over the remaining life of the loan recognize reductions in allowance as interest income.
Loans and Allowance for Credit Losses, Allowance for Credit Losses by Category	The following table summarizes the activity in the allowance for credit losses by our commercial and consumer portfolio segments.
		Year ended December 31,
	(in thousands)	Commercial			Consumer			Total
	2014
	Balance, beginning of year	$	26,145		218,124			244,269
	Provision (reversal of provision) for credit losses	(6,430		)	13,095			6,665
	Interest income on certain impaired loans	—			(3,729	)		(3,729	)
	Loan charge-offs	(531		)	(79,514	)		(80,045	)
	Loan recoveries	292			17,722			18,014
	Net loan charge-offs	(239		)	(61,792	)		(62,031	)
	Balance, end of year	$	19,476		165,698			185,174
	2013
	Balance, beginning of year	$	6,584		58,875			65,459
	Provision for credit losses	4,596			13,639			18,235
	Interest income on certain impaired loans	—			(1,865	)		(1,865	)
	Loan charge-offs	(55		)	(41,282	)		(41,337	)
	Loan recoveries	246			6,465			6,711
	Net loan charge-offs	191			(34,817	)		(34,626	)
	Allowance related to loan contribution	14,774			182,292			197,066
	Balance, end of year	$	26,145		218,124			244,269
Loans and Allowance for Credit Losses, by Impairment Methodology	The following table disaggregates our allowance for credit losses and recorded investment in loans by impairment methodology.
		Allowance for credit losses									Recorded investment in loans
	(in thousands)	Commercial			Consumer			Total			Commercial			Consumer		Total
	31-Dec-14
	Collectively evaluated (1)	$	17,535		53,999			71,534			3,172,418			9,218,652		12,391,070
	Individually evaluated (2)	1,941			111,699			113,640			5,127			523,264		528,391
	Purchased credit-impaired (PCI) (3)	—			—			—			2,120			27,696		29,816
	Total	$	19,476		165,698			185,174			3,179,665			9,769,612		12,949,277
	31-Dec-13
	Collectively evaluated (1)	$	21,756		83,685			105,441			2,928,904			9,605,792		12,534,696
	Individually evaluated (2)	4,262			134,439			138,701			8,280			537,942		546,222
	PCI (3)	127			—			127			2,531			36,892		39,423
	Total	$	26,145		218,124			244,269			2,939,715			10,180,626		13,120,341
	-1	Represents loans collectively evaluated for impairment in accordance with ASC 450-20, Loss Contingencies (formerly FAS 5), and pursuant to amendments by ASU 2010-20 regarding allowance for unimpaired loans.
	-2	Represents loans individually evaluated for impairment in accordance with ASC 310-10, Receivables (formerly FAS 114), and pursuant to amendments by ASU 2010-20 regarding allowance for impaired loans.
	-3	Represents the allowance and related loan carrying value determined in accordance with ASC 310-30, Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality (formerly SOP 03-3) and pursuant to amendments by ASU 2010-20 regarding allowance for PCI loans.
Loans by Credit Quality Indicator, Commercial	The table below provides a breakdown of outstanding commercial loans by risk category.
	(in thousands)	Commercial			Secured by			Total
		and			real
		industrial			estate
	December 31, 2014
	By risk category:
	Pass	$	58,559		3,099,896			3,158,455
	Criticized	—			21,210			21,210
	Total commercial loans	$	58,559		3,121,106			3,179,665
	December 31, 2013
	By risk category:
	Pass	$	80,053		2,782,720			2,862,773
	Criticized	—			76,942			76,942
	Total commercial loans	$	80,053		2,859,662			2,939,715
Loans by Delinquency Status, Commercial	The following table provides past due information for commercial loans.
	(in thousands)	Commercial			Secured by			Total
		and			real
		industrial			estate
	December 31, 2014
	By delinquency status:
	Current-29 days past due (DPD) and still accruing	$	58,559		3,112,991			3,171,550
	30-89 DPD and still accruing	—			3,901			3,901
	90+ DPD and still accruing	—			—			—
	Nonaccrual loans	—			4,214			4,214
	Total commercial loans	$	58,559		3,121,106			3,179,665
	December 31, 2013
	By delinquency status:
	Current-29 DPD and still accruing	$	80,053		2,845,445			2,925,498
	30-89 DPD and still accruing	—			5,383			5,383
	90+ DPD and still accruing	—			32			32
	Nonaccrual loans	—			8,802			8,802
	Total commercial loans	$	80,053		2,859,662			2,939,715
Loans by Delinquency Status, Consumer	The following table provides the outstanding balances of our consumer portfolio by delinquency status.
	(in thousands)	Real estate			Real estate			Total
		1-4 family			1-4 family
		first			junior lien
		mortgage			mortgage
	December 31, 2014
	By delinquency status:
	Current-29 DPD	$	7,819,624		1,670,204			9,489,828
	30-59 DPD	43,991			22,639			66,630
	60-89 DPD	24,190			13,360			37,550
	90-119 DPD	12,856			8,049			20,905
	120-179 DPD	19,552			10,351			29,903
	180+ DPD	114,508			23,907			138,415
	Remaining PCI accounting adjustments	(11,427		)	(2,192	)		(13,619	)
	Total consumer loans	$	8,023,294		1,746,318			9,769,612
	December 31, 2013
	By delinquency status:
	Current-29 DPD	$	7,752,236		2,061,719			9,813,955
	30-59 DPD	59,740			25,152			84,892
	60-89 DPD	31,133			15,808			46,941
	90-119 DPD	25,327			10,644			35,971
	120-179 DPD	29,786			13,004			42,790
	180+ DPD	142,432			27,033			169,465
	Remaining PCI accounting adjustments	(11,508		)	(1,880	)		(13,388	)
	Total consumer loans	$	8,029,146		2,151,480			10,180,626
Loans by FICO Score, Consumer	The following table provides a breakdown of our consumer portfolio by updated FICO. We obtain FICO scores at loan origination and the scores are updated at least quarterly. FICO is not available for certain loan types and may not be obtained if we deem it unnecessary due to strong collateral and other borrower attributes.
	(in thousands)	Real estate			Real estate			Total
		1-4 family			1-4 family
		first			junior lien
		mortgage			mortgage
	31-Dec-14
	By updated FICO:
	< 600	$	352,071		207,535			559,606
	600-639	261,911			122,907			384,818
	640-679	462,643			200,737			663,380
	680-719	974,778			295,492			1,270,270
	720-759	1,425,335			354,841			1,780,176
	760-799	2,970,256			361,942			3,332,198
	800+	1,498,996			184,976			1,683,972
	No FICO available	88,731			20,080			108,811
	Remaining PCI accounting adjustments	(11,427		)	(2,192	)		(13,619	)
	Total consumer loans	$	8,023,294		1,746,318			9,769,612
	31-Dec-13
	By updated FICO:
	< 600	$	455,297		263,773			719,070
	600-639	290,055			147,750			437,805
	640-679	549,971			255,471			805,442
	680-719	1,117,402			364,122			1,481,524
	720-759	1,534,245			426,606			1,960,851
	760-799	2,732,616			462,568			3,195,184
	800+	1,297,140			221,740			1,518,880
	No FICO available	63,928			11,330			75,258
	Remaining PCI accounting adjustments	(11,508		)	(1,880	)		(13,388	)
	Total consumer loans	$	8,029,146		2,151,480			10,180,626
Loans by Loan to Value Ratio, Consumer	The following table shows the most updated LTV and CLTV distribution of the real estate 1-4 family first and junior lien mortgage loan portfolios. We consider the trends in residential real estate markets as we monitor credit risk and establish our allowance for credit losses. In the event of a default, any loss should be limited to the portion of the loan amount in excess of the net realizable value of the underlying real estate collateral value. Certain loans do not have an LTV or CLTV primarily due to industry data availability and portfolios acquired from or serviced by other institutions.
	(in thousands)	Real estate			Real estate			Total
		1-4 family			1-4 family
		first			junior lien
		mortgage			mortgage by
		by LTV			CLTV
	31-Dec-14
	By LTV/CLTV:
	0-60%	$	4,007,543		470,244			4,477,787
	60.01-80%	2,958,255			445,892			3,404,147
	80.01-100%	801,111			453,564			1,254,675
	100.01-120% (1)	164,249			249,423			413,672
	> 120% (1)	64,619			127,355			191,974
	No LTV/CLTV available	38,944			2,032			40,976
	Remaining PCI accounting adjustments	(11,427		)	(2,192	)		(13,619	)
	Total consumer loans	$	8,023,294		1,746,318			9,769,612
	31-Dec-13
	By LTV/CLTV:
	0-60%	$	3,812,361		508,054			4,320,415
	60.01-80%	2,835,903			500,730			3,336,633
	80.01-100%	959,680			537,107			1,496,787
	100.01-120% (1)	267,814			367,842			635,656
	> 120% (1)	120,418			236,576			356,994
	No LTV/CLTV available	44,478			3,051			47,529
	Remaining PCI accounting adjustments	(11,508		)	(1,880	)		(13,388	)
	Total consumer loans	$	8,029,146		2,151,480			10,180,626
	-1	Reflects total loan balances with LTV/CLTV amounts in excess of 100%. In the event of default, the loss content would generally be limited to only the amount in excess of 100% LTV/CLTV.
Nonaccrual Loans	The following table provides loans on nonaccrual status. PCI loans are excluded from this table due to the existence of the accretable yield.
		December 31,
	(in thousands)	2014			2013
	Commercial:
	Commercial and industrial	$	—		—
	Secured by real estate	4,214			8,802
	Total commercial	4,214			8,802
	Consumer:
	Real estate 1-4 family first mortgage	236,859			310,069
	Real estate 1-4 family junior lien mortgage	80,375			104,423
	Total consumer	317,234			414,492
	Total nonaccrual loans (excluding PCI)	$	321,448		423,294
90 days Past Due but Still Accruing Loans	The following table shows non-PCI loans 90 days or more past due and still accruing.
		December 31,
	(in thousands)	2014			2013
	Commercial:
	Commercial and industrial	$	—		—
	Secured by real estate	—			—
	Total commercial	—			—
	Consumer:
	Real estate 1-4 family first mortgage	6,020			13,120
	Real estate 1-4 family junior lien mortgage	4,240			5,062
	Total consumer	10,260			18,182
	Total past due (excluding PCI)	$	10,260		18,182
Impaired Loans	The table below includes trial modifications that totaled $15.1 million at December 31, 2014, and $20.0 million at December 31, 2013.
					Recorded investment
	(in thousands)	Unpaid			Impaired			Impaired loans			Related
		principal			loans			with related			allowance for
		balance						allowance for			credit losses
								credit losses
	December 31, 2014
	Commercial:
	Commercial and industrial	$	—		—			—			—
	Secured by real estate	7,391			5,127			5,127			1,941
	Total commercial	7,391			5,127			5,127			1,941
	Consumer:
	Real estate 1-4 family first mortgage	483,084			397,858			283,549			68,589
	Real estate 1-4 family junior lien mortgage	157,182			125,406			106,777			43,110
	Total consumer	640,266			523,264			390,326			111,699
	Total impaired loans (excluding PCI)	$	647,657		528,391			395,453			113,640
	December 31, 2013
	Commercial:
	Commercial and industrial	$	—		—			—			—
	Secured by real estate	10,751			8,280			8,280			4,262
	Total commercial	10,751			8,280			8,280			4,262
	Consumer:
	Real estate 1-4 family first mortgage	489,857			405,461			310,367			80,130
	Real estate 1-4 family junior lien mortgage	147,594			132,481			112,860			54,309
	Total consumer	637,451			537,942			423,227			134,439
	Total impaired loans (excluding PCI)	$	648,202		546,222			431,507			138,701
Impaired Loans, Average Recorded Investment and Interest Income	The following table provides the average recorded investment in impaired loans and the amount of interest income recognized on impaired loans by portfolio segment and class.
		Year ended December 31,
		2014							2013						2012
	(in thousands)	Average			Recognized				Average			Recognized			Average		Recognized
		recorded			interest				recorded			interest			recorded		interest
		investment			income				investment			income			investment		income
	Commercial:
	Commercial and industrial	$	—		—				—			—			—		—
	Secured by real estate	6,486			231				1,585			18			762		1
	Total commercial	6,486			231				1,585			18			762		1
	Consumer:
	Real estate 1-4 family first mortgage	403,050			20,676				133,483			9,059			55,962		3,177
	Real estate 1-4 family junior lien mortgage	128,374			9,754				38,257			3,186			21,534		1,322
	Total consumer	531,424			30,430				171,740			12,245			77,496		4,499
	Total impaired loans	$	537,910		30,661				173,325			12,263			78,258		4,500
	Interest income:
	Cash basis of accounting				10,343							5,490					542
	Other (1)				20,318							6,773					3,958
	Total interest income				$	30,661						12,263					4,500
	-1	Includes interest recognized on accruing TDRs and interest recognized related to the passage of time on certain impaired loans. See footnote 1 to the table of changes in the allowance for credit losses.
Troubled Debt Restructurings, Modification by Type	The following table summarizes our TDR modifications for the periods presented by primary modification type and includes the financial effects of these modifications. For those loans that may be modified more than once, the table reflects each modification that occurred during the period. For loans contributed from WPFC, the table reflects activity occurring subsequent to the loan contribution.
		Primary modification type (1)													Financial effects of modifications
	(in thousands)	Principal (2)			Interest				Other			Total			Charge-		Weighted		Recorded
					rate				concessions (3)						offs (4)		average		investment
					reduction												interest		related to
																	rate		interest rate
																	reduction		reduction (5)
	Year ended December 31, 2014
	Commercial:
	Secured by real estate	$	—		44				531			575			—		2	%	$	44
	Total commercial	—			44				531			575			—		2		44
	Consumer:
	Real estate 1-4 family first mortgage	21,822			20,195				27,422			69,439			4,379		3.16		39,262
	Real estate 1-4 family junior lien mortgage	3,847			6,810				6,587			17,244			3,287		5.2		10,157
	Trial modifications (6)	—			—				(89	)		(89	)		—		—		—
	Total consumer	25,669			27,005				33,920			86,594			7,666		3.58		49,419
	Total	$	25,669		27,049				34,451			87,169			7,666		3.58	%	$	49,463
	Year ended December 31, 2013
	Commercial:
	Total commercial	$	—		—				—			—			—		—	%	$	—
	Consumer:
	Real estate 1-4 family first mortgage	13,904			13,471				24,853			52,228			1,881		3.23		25,783
	Real estate 1-4 family junior lien mortgage	1,950			3,116				8,186			13,252			317		6.2		4,534
	Trial modifications (6)	—			—				6,966			6,966			—		—		—
	Total consumer	15,854			16,587				40,005			72,446			2,198		3.68		30,317
	Total	$	15,854		$	16,587			40,005			72,446			2,198		3.68	%	$	30,317
	Year ended December 31, 2012
	Commercial:
	Total commercial	$	—		—				—			—			—		—	%	$	—
	Consumer:
	Real estate 1-4 family first mortgage	5,863			11,809				39,393			57,065			2,412		3.27		16,185
	Real estate 1-4 family junior lien mortgage	426			1,667				8,972			11,065			6,316		6.79		1,960
	Trial modifications	—			—				1,450			1,450			—		—		—
	Total consumer	6,289			13,476				49,815			69,580			8,728		3.65		18,145
	Total	$	6,289		13,476				49,815			69,580			8,728		3.65	%	$	18,145
	-1	Amounts represent the recorded investment in loans after recognizing the effects of the TDR, if any. TDRs with multiple types of concessions are presented only once in the table in the first category type based on the order presented. The reported amounts include loans remodified of $20.5 million, $16.7 million and $9.7 million, for the years ended December 31, 2014, 2013 and 2012, respectively.
	-2	Principal modifications include principal forgiveness at the time of the modification, contingent principal forgiveness granted over the life of the loan based on borrower performance, and principal that has been legally separated and deferred to the end of the loan, with a zero percent contractual interest rate.
	-3	Other concessions include loan renewals, term extensions and other interest and noninterest adjustments, but exclude modifications that also forgive principal and/or reduce the interest rate.
	-4	Charge-offs include write-downs of the investment in the loan in the period it is contractually modified. The amount of charge-off will differ from the modification terms if the loan has been charged down prior to the modification based on our policies. In addition, there may be cases where we have a charge-off/down with no legal principal modification. Modifications resulted in legally forgiving principal (actual, contingent or deferred) of $5.2 million, $3.1 million and $1.2 million for the years ended December 31, 2014, 2013 and 2012, respectively.
	-5	Reflects the effect of reduced interest rates to loans with a principal or interest rate reduction primary modification type.
	-6	Trial modifications are granted a delay in payments due under the original terms during the trial payment period. However, these loans continue to advance through delinquency status and accrue interest according to their original terms. Any subsequent permanent modification generally includes interest rate related concessions; however, the exact concession type and resulting financial effect are usually not known until the loan is permanently modified. Trial modifications for the period are presented net of previously reported trial modifications that became permanent in the current period.
Troubled Debt Restructuring, Current Defaults	The table below summarizes permanent modification TDRs that have defaulted in the current period within 12 months of their permanent modification date. We report
	these defaulted TDRs based on a payment default definition of 90 days past due for the commercial portfolio segment and 60 days past due for the consumer portfolio segment.
		Recorded investment of defaults
		Year ended December 31,
	(in thousands)	2014			2013		2012
	Commercial:
	Commercial and industrial	$	—		—		—
	Secured by real estate	335			—		—
	Total commercial	335			—		—
	Consumer:
	Real estate 1-4 family first mortgage	3,352			2,687		3,753
	Real estate 1-4 family junior lien mortgage	1,768			417		618
	Total consumer	5,120			3,104		4,371
	Total	$	5,455		3,104		4,371

Fair_Values_of_Assets_and_Liab1

Fair Values of Assets and Liabliities (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value, Estimated for Financial Instruments Not Carried at Fair Value	The table below is a summary of fair value estimates by level for financial instruments. The carrying amounts in the following table are recorded in the balance sheet under the indicated captions.
	We have not included assets and liabilities that are not financial instruments in our disclosure, such as other assets and other liabilities. The total of the fair value calculations presented does not represent, and should not be construed to represent, the underlying value of the Company.
		Carrying		Estimated fair value
	(in thousands)	amount		Level 1	Level 2	Level 3	Total
	31-Dec-14
	Financial assets
	Cash and cash equivalents (1)	$	—	—	—	—	—
	Loans, net (2)	12,764,840		—	—	13,721,645	13,721,645
	Financial liabilities
	Line of credit with Bank (1)	496,692		—	—	496,692	496,692
	31-Dec-13
	Financial assets
	Cash and cash equivalents (1)	$	—	—	—	—	—
	Loans, net (2)	12,876,589		—	—	13,743,499	13,743,499
	Financial liabilities
	Line of credit with Bank (1)	901,350		—	—	901,350	901,350
	-1	Amounts consist of financial instruments in which carrying value approximates fair value.
	-2	Carrying amount reflects net discount and allowance for loan losses.

Common_and_Preferred_Stock_Tab

Common and Preferred Stock (Tables)	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Summary of preferred stock and common stock	The Company has authorized preferred and common stock. The following table provides details of common and preferred stock.
		December 31,
		Liquidation		Shares	Shares	Par value		Carrying
		preference per		authorized	issued and	per share		value
		share			outstanding
	2014
	Preferred stock:
	Series A
	6.375%, Cumulative, Perpetual Series A Preferred Stock	$	25	11,000,000	11,000,000	$	0.01	110,000.00
	Series B
	$85 Annual Dividend Per Share, Cumulative, Perpetual Series B Preferred Stock	1,000		1,000	667	0.01		6.67
	Common stock			100,000,000	645	0.01		6.45
	Total			111,001,000	11,001,312			$	110,013.12
	2013
	Preferred stock:
	Series B
	$85 Annual Dividend Per Share, Cumulative, Perpetual Series B Preferred Stock	$	1,000	1,000	667	$	0.01	6.67
	Common stock			1,000	645	0.01		6.45
	Total			2,000	1,312			$	13.12

Recovered_Sheet1

Transactions with Related Parties (Tables)	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Transactions with Related Parties	The principal items related to transactions with affiliated parties included in the accompanying statement of income and balance sheet are described in the table and narrative below.
		Year ended December 31,
	(in thousands)	2014			2013		2012
	Income statement data
	Interest income:
	Accretion of discounts on loans	$	64,334		10,220		23,514
	Interest on deposits	57			237		1,069
	Total interest income	64,391			10,457		24,583
	Interest expense	1,397			1,210		26
	Loan servicing costs	37,221			13,721		11,355
	Management fees	3,120			2,025		2,082
		December 31,
	(in thousands)	2014			2013
	Balance sheet related data
	Loan acquisitions (year-to-date) (1)	$	2,566,372		3,862,635
	Assets contributed by WPFC (2)	—			8,456,636
	Loan sales (year-to-date)	(23,496		)	(5,670	)
	Foreclosed asset sales (year-to-date)	(14,971		)	(1,181	)
	Line of credit with Bank	496,692			901,350
	Accounts receivable - affiliates, net	54,424			44,135
	-1	Includes accrued interest, see Note 2 (Loans and Allowance for Credit Losses) for additional details.
	-2	See Note 1 (Summary of Significant Accounting Policies) for details on the asset contribution.

Summary_of_Significant_Account3

Summary of Significant Accounting Policies Textual (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Nov. 30, 2013
Significant Accounting Policies [Line Items]
Nonaccrual loans from parent			$304.30
TDR loans from parent			$388
PCI loans as a % of total loans (less than 1%)	1.00%	1.00%
Past due period for loans to be placed on nonaccrual status	90 days
Number of consecutive months of payment for return to accrual status	6 months
Period after foreclosure to finalize net realizable value	90 days
Percentage of taxable income expected to be distributed	100.00%
Residential Member] | Real estate 1-4 family first mortgage [Member]
Significant Accounting Policies [Line Items]
Past due period for loans to be placed on nonaccrual status	120 days
Residential Member] | Real estate 1-4 family junior lien mortgage [Member]
Significant Accounting Policies [Line Items]
Past due period for loans to be placed on nonaccrual status	120 days
Commercial Portfolio Segment [Member]
Significant Accounting Policies [Line Items]
Past due period for loans to be charged off or charged down	180 days
Consumer Portfolio Segment [Member]
Significant Accounting Policies [Line Items]
Past due period for loans to be charged off or charged down	180 days

Summary_of_Significant_Account4

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Details) (USD $)	Nov. 30, 2013
In Thousands, unless otherwise specified
Loans:
Total commercial	$1,776,464
Total consumer	5,373,016
Total loans contributed	7,149,480
Allowance for loan losses	-196,784
Allowance for unfunded commitments	-282
Total allowance for credit losses	-197,066
Other assets (liabilities) contributed:
Accrued interest receivable	18,040
Foreclosed assets	2,401
Servicing advances and accruals	-6,219
Total net other assets contributed	14,222
Total assets contributed	$6,966,636

Loans_and_Allowance_for_Credit2

Loans and Allowance for Credit Losses Textual (Details) (USD $)	12 Months Ended			3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2015
Loans and Allowance for Credit Losses (Textual) [Abstract]
Unearned income, net deferred loan fees and unamortized discount and premium	$347,100,000	$325,000,000
Accrued interest in loan purchases	5,600,000	8,700,000
Percentage of pledged assets unpaid principal balance ratio (equal or exceed 3 times)	300.00%
Threshold for high value properties ($1 million or more)	1,000,000
Past due period for loans to be placed on nonaccrual status	90 days
Trial modifications	15,100,000	20,000,000
Impaired Loans, recorded investment	528,391,000	546,222,000
Loans remodified	20,500,000	16,700,000	9,700,000
Principal forgiven due to modifications	5,200,000	3,100,000	1,200,000
Consumer Portfolio Segment [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	523,264,000	537,942,000
Real estate 1-4 family first mortgage [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	397,858,000	405,461,000
Real estate 1-4 family junior lien mortgage [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	125,406,000	132,481,000
Home Affordable Modification Program [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	7,700,000	7,700,000
Second Lien Modification Program [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	1,300,000	2,000,000
Proprietary Program [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	6,100,000	10,300,000
Purchased Credit-Impaired Loans [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
90 days and more past due and still accruing	4,900,000	7,000,000
Trial Modifications [Member] | Financing Receivable Accruing [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	8,300,000	10,200,000
Trial Modifications [Member] | Financing Receivable Nonaccruing [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Impaired Loans, recorded investment	$6,800,000	$9,800,000
Residential Member] | Real estate 1-4 family junior lien mortgage [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Past due period for loans to be placed on nonaccrual status	120 days
California, Florida, New Jersey, Pennsylvania, North Carolina [Member] | Geographic Concentration Risk [Member] | Loans And Leases Receivable [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Concentration risk (percent)	47.00%
Scenario, Forecast [Member] | Affiliated Entity [Member]
Loans and Allowance for Credit Losses (Textual) [Abstract]
Percentage of total assets that can be used as collateral				80.00%

Loans_and_Allowance_for_Credit3

Loans and Allowance for Credit Losses, Loans Outstanding (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$12,949,277	$13,120,341	$4,112,498
Total commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	3,179,665	2,939,715	293,616
Commercial and industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	58,559	80,053	47,272
Secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	3,121,106	2,859,662	246,344
Total consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	9,769,612	10,180,626	3,818,882
Real estate 1-4 family first mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	8,023,294	8,029,146	3,361,857
Real estate 1-4 family junior lien mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$1,746,318	$2,151,480	$457,025

Loans_and_Allowance_for_Credit4

Loans and Allowance for Credit Losses, Significant Activity (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Loans and Allowance for Credit Losses Significant Activity [Abstract]
Loan acquisitions	$2,566,372	$3,862,635
Loan sales	-23,496	-5,670
Total commercial [Member]
Loans and Allowance for Credit Losses Significant Activity [Abstract]
Loan acquisitions	800,996	974,757
Loan sales	-493	0
Total consumer [Member]
Loans and Allowance for Credit Losses Significant Activity [Abstract]
Loan acquisitions	1,765,376	2,887,878
Loan sales	($23,003)	($5,670)

Loans_and_Allowance_for_Credit5

Loans and Allowance for Credit Losses, Allowance for Credit Losses (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year	$244,269	$65,459	$68,535
Provision for credit losses	6,665	18,235	45,376
Interest income on certain impaired loans	-3,729	-1,865	-1,590
Loan charge-offs	-80,045	-41,337	-50,615
Loan recoveries	18,014	6,711	3,753
Net loan charge-offs	-62,031	-34,626	-46,862
Allowance related to loan contribution	0	197,066	0
Balance, end of year	185,174	244,269	65,459
Components:
Allowance for loan losses	184,437	243,752	65,340
Allowance for unfunded credit commitments	737	517	119
Allowance for credit losses	185,174	244,269	65,459
Net loan charge-offs as a percentage of average total loans	0.49%	0.62%	1.43%
Allowance for loan losses as a percentage of total loans	1.42%	1.86%	1.59%
Allowance for credit losses as a percentage of total loans	1.43%	1.86%	1.59%
Total commercial [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year	26,145	6,584
Provision for credit losses	-6,430	4,596
Interest income on certain impaired loans	0	0
Loan charge-offs	-531	-55	-1,719
Loan recoveries	292	246	1,464
Net loan charge-offs	-239	191
Allowance related to loan contribution		14,774
Balance, end of year	19,476	26,145	6,584
Components:
Allowance for credit losses	19,476	26,145	6,584
Commercial and industrial [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Loan charge-offs	0	0	0
Loan recoveries	0	0	0
Secured by real estate [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Loan charge-offs	-531	-55	-1,719
Loan recoveries	292	246	1,464
Total consumer [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year	218,124	58,875
Provision for credit losses	13,095	13,639
Interest income on certain impaired loans	-3,729	-1,865
Loan charge-offs	-79,514	-41,282	-48,896
Loan recoveries	17,722	6,465	2,289
Net loan charge-offs	-61,792	-34,817
Allowance related to loan contribution		182,292
Balance, end of year	165,698	218,124	58,875
Components:
Allowance for credit losses	165,698	218,124	58,875
Real estate 1-4 family first mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Loan charge-offs	-32,162	-17,644	-19,417
Loan recoveries	6,709	2,334	523
Real estate 1-4 family junior lien mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Loan charge-offs	-47,352	-23,638	-29,479
Loan recoveries	$11,013	$4,131	$1,766

Loans_and_Allowance_for_Credit6

Loans and Allowance for Credit Losses, Allowance for Credit Losses by Category (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year	$244,269	$65,459	$68,535
Provision for credit losses	6,665	18,235	45,376
Interest income on certain impaired loans	-3,729	-1,865	-1,590
Loan charge-offs	-80,045	-41,337	-50,615
Loan recoveries	18,014	6,711	3,753
Net loan charge-offs	-62,031	-34,626	-46,862
Allowance related to loan contribution	0	197,066	0
Balance, end of year	185,174	244,269	65,459
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year	26,145	6,584
Provision for credit losses	-6,430	4,596
Interest income on certain impaired loans	0	0
Loan charge-offs	-531	-55	-1,719
Loan recoveries	292	246	1,464
Net loan charge-offs	-239	191
Allowance related to loan contribution		14,774
Balance, end of year	19,476	26,145	6,584
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year	218,124	58,875
Provision for credit losses	13,095	13,639
Interest income on certain impaired loans	-3,729	-1,865
Loan charge-offs	-79,514	-41,282	-48,896
Loan recoveries	17,722	6,465	2,289
Net loan charge-offs	-61,792	-34,817
Allowance related to loan contribution		182,292
Balance, end of year	$165,698	$218,124	$58,875

Loans_and_Allowance_for_Credit7

Loans and Allowance for Credit Losses, Allowance for Credit Losses by Credit Impairment Methodology (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Allowance for credit losses
Collectively evaluated	$71,534	$105,441
Individually evaluated	113,640	138,701
Purchased credit-impaired (PCI)	0	127
Allowance for credit losses	185,174	244,269	65,459	68,535
Recorded investment in loans
Collectively evaluated	12,391,070	12,534,696
Individually evaluated	528,391	546,222
Purchased credit-impaired (PCI)	29,816	39,423
Total loans	12,949,277	13,120,341	4,112,498
Commercial Portfolio Segment [Member]
Allowance for credit losses
Collectively evaluated	17,535	21,756
Individually evaluated	1,941	4,262
Purchased credit-impaired (PCI)	0	127
Allowance for credit losses	19,476	26,145	6,584
Recorded investment in loans
Collectively evaluated	3,172,418	2,928,904
Individually evaluated	5,127	8,280
Purchased credit-impaired (PCI)	2,120	2,531
Total loans	3,179,665	2,939,715	293,616
Consumer Portfolio Segment [Member]
Allowance for credit losses
Collectively evaluated	53,999	83,685
Individually evaluated	111,699	134,439
Purchased credit-impaired (PCI)	0	0
Allowance for credit losses	165,698	218,124	58,875
Recorded investment in loans
Collectively evaluated	9,218,652	9,605,792
Individually evaluated	523,264	537,942
Purchased credit-impaired (PCI)	27,696	36,892
Total loans	$9,769,612	$10,180,626	$3,818,882

Loans_and_Allowance_for_Credit8

Loans and Allowance for Credit Losses, Loans by Credit Quality Indicator, Commercial (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Loans and Leases Receivable Disclosure [Abstract]
Total loans	$12,949,277	$13,120,341	$4,112,498
Pass [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	3,158,455	2,862,773
Criticized [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	21,210	76,942
Total commercial [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	3,179,665	2,939,715	293,616
Commercial and industrial [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	58,559	80,053	47,272
Commercial and industrial [Member] | Pass [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	58,559	80,053
Commercial and industrial [Member] | Criticized [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	0	0
Secured by real estate [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	3,121,106	2,859,662	246,344
Secured by real estate [Member] | Pass [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	3,099,896	2,782,720
Secured by real estate [Member] | Criticized [Member]
Loans and Leases Receivable Disclosure [Abstract]
Total loans	$21,210	$76,942

Loans_and_Allowance_for_Credit9

Loans and Allowance for Credit Losses, Loans by Delinquency Status, Commercial (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
By delinquency status:
Nonaccrual loans	$321,448	$423,294
Total loans	12,949,277	13,120,341	4,112,498
Total commercial [Member]
By delinquency status:
Current-29 days past due (DPD) and still accruing	3,171,550	2,925,498
30-89 DPD and still accruing	3,901	5,383
90 days and more past due and still accruing	0	32
Nonaccrual loans	4,214	8,802
Total loans	3,179,665	2,939,715	293,616
Commercial and industrial [Member]
By delinquency status:
Current-29 days past due (DPD) and still accruing	58,559	80,053
30-89 DPD and still accruing	0	0
90 days and more past due and still accruing	0	0
Nonaccrual loans	0	0
Total loans	58,559	80,053	47,272
Secured by real estate [Member]
By delinquency status:
Current-29 days past due (DPD) and still accruing	3,112,991	2,845,445
30-89 DPD and still accruing	3,901	5,383
90 days and more past due and still accruing	0	32
Nonaccrual loans	4,214	8,802
Total loans	$3,121,106	$2,859,662	$246,344

Recovered_Sheet2

Loans and Allowance for Credit Losses, Loans by Delinquency Status, Consumer (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
By delinquency status:
Total loans	$12,949,277	$13,120,341	$4,112,498
Total consumer [Member]
By delinquency status:
Current-29 DPD	9,489,828	9,813,955
30-59 DPD	66,630	84,892
60-89 DPD	37,550	46,941
90-119 DPD	20,905	35,971
120-179 DPD	29,903	42,790
180 or more DPD	138,415	169,465
Remaining PCI accounting adjustments	-13,619	-13,388
Total loans	9,769,612	10,180,626	3,818,882
Real estate 1-4 family first mortgage [Member]
By delinquency status:
Current-29 DPD	7,819,624	7,752,236
30-59 DPD	43,991	59,740
60-89 DPD	24,190	31,133
90-119 DPD	12,856	25,327
120-179 DPD	19,552	29,786
180 or more DPD	114,508	142,432
Remaining PCI accounting adjustments	-11,427	-11,508
Total loans	8,023,294	8,029,146	3,361,857
Real estate 1-4 family junior lien mortgage [Member]
By delinquency status:
Current-29 DPD	1,670,204	2,061,719
30-59 DPD	22,639	25,152
60-89 DPD	13,360	15,808
90-119 DPD	8,049	10,644
120-179 DPD	10,351	13,004
180 or more DPD	23,907	27,033
Remaining PCI accounting adjustments	-2,192	-1,880
Total loans	$1,746,318	$2,151,480	$457,025

Recovered_Sheet3

Loans and Allowance for Credit Losses, Loans by FICO Score, Consumer (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
By updated FICO:
Total loans	$12,949,277	$13,120,341	$4,112,498
Total consumer [Member]
By updated FICO:
Less than 600	559,606	719,070
600-639	384,818	437,805
640-679	663,380	805,442
680-719	1,270,270	1,481,524
720-759	1,780,176	1,960,851
760-799	3,332,198	3,195,184
800 and greater	1,683,972	1,518,880
No FICO available	108,811	75,258
Remaining PCI accounting adjustments	-13,619	-13,388
Total loans	9,769,612	10,180,626	3,818,882
Real estate 1-4 family first mortgage [Member]
By updated FICO:
Less than 600	352,071	455,297
600-639	261,911	290,055
640-679	462,643	549,971
680-719	974,778	1,117,402
720-759	1,425,335	1,534,245
760-799	2,970,256	2,732,616
800 and greater	1,498,996	1,297,140
No FICO available	88,731	63,928
Remaining PCI accounting adjustments	-11,427	-11,508
Total loans	8,023,294	8,029,146	3,361,857
Real estate 1-4 family junior lien mortgage [Member]
By updated FICO:
Less than 600	207,535	263,773
600-639	122,907	147,750
640-679	200,737	255,471
680-719	295,492	364,122
720-759	354,841	426,606
760-799	361,942	462,568
800 and greater	184,976	221,740
No FICO available	20,080	11,330
Remaining PCI accounting adjustments	-2,192	-1,880
Total loans	$1,746,318	$2,151,480	$457,025

Recovered_Sheet4

Loans and Allowance for Credit Losses, Loans by Loan to Value Ratio, Consumer (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
By LTV/CLTV:
Total loans	$12,949,277	$13,120,341	$4,112,498
Total consumer [Member]
By LTV/CLTV:
0-60%	4,477,787	4,320,415
60.01-80%	3,404,147	3,336,633
80.01-100%	1,254,675	1,496,787
100.01-120%	413,672	635,656
Greater than 120%	191,974	356,994
No LTV/CLTV available	40,976	47,529
Remaining PCI accounting adjustments	-13,619	-13,388
Total loans	9,769,612	10,180,626	3,818,882
Real estate 1-4 family first mortgage [Member]
By LTV/CLTV:
0-60%	4,007,543	3,812,361
60.01-80%	2,958,255	2,835,903
80.01-100%	801,111	959,680
100.01-120%	164,249	267,814
Greater than 120%	64,619	120,418
No LTV/CLTV available	38,944	44,478
Remaining PCI accounting adjustments	-11,427	-11,508
Total loans	8,023,294	8,029,146	3,361,857
Real estate 1-4 family junior lien mortgage [Member]
By LTV/CLTV:
0-60%	470,244	508,054
60.01-80%	445,892	500,730
80.01-100%	453,564	537,107
100.01-120%	249,423	367,842
Greater than 120%	127,355	236,576
No LTV/CLTV available	2,032	3,051
Remaining PCI accounting adjustments	-2,192	-1,880
Total loans	$1,746,318	$2,151,480	$457,025

Recovered_Sheet5

Loans and Allowance for Credit Losses, Nonaccrual (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Nonaccrual Loans [Abstract]
Nonaccrual loans	$321,448	$423,294
Total commercial [Member]
Nonaccrual Loans [Abstract]
Nonaccrual loans	4,214	8,802
Commercial and industrial [Member]
Nonaccrual Loans [Abstract]
Nonaccrual loans	0	0
Secured by real estate [Member]
Nonaccrual Loans [Abstract]
Nonaccrual loans	4,214	8,802
Total consumer [Member]
Nonaccrual Loans [Abstract]
Nonaccrual loans	317,234	414,492
Real estate 1-4 family first mortgage [Member]
Nonaccrual Loans [Abstract]
Nonaccrual loans	236,859	310,069
Real estate 1-4 family junior lien mortgage [Member]
Nonaccrual Loans [Abstract]
Nonaccrual loans	$80,375	$104,423

Recovered_Sheet6

Loans and Allowance for Credit Losses, 90 Days Past Due but Still Accruing (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Loans past due excluding Purchased Credit Impaired Loans [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	$10,260	$18,182
Total commercial [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	0	32
Total commercial [Member] | Loans past due excluding Purchased Credit Impaired Loans [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	0	0
Commercial and industrial [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	0	0
Commercial and industrial [Member] | Loans past due excluding Purchased Credit Impaired Loans [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	0	0
Secured by real estate [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	0	32
Secured by real estate [Member] | Loans past due excluding Purchased Credit Impaired Loans [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	0	0
Total consumer [Member] | Loans past due excluding Purchased Credit Impaired Loans [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	10,260	18,182
Real estate 1-4 family first mortgage [Member] | Loans past due excluding Purchased Credit Impaired Loans [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	6,020	13,120
Real estate 1-4 family junior lien mortgage [Member] | Loans past due excluding Purchased Credit Impaired Loans [Member]
90 Days Past Due and Still Accruing [Abstract]
90 days and more past due and still accruing	$4,240	$5,062

Recovered_Sheet7

Loans and Allowance for Credit Losses, Impaired Loans (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Impaired Loans [Abstract]
Unpaid principal balance	$647,657	$648,202
Impaired Loans, recorded investment	528,391	546,222
Impaired Loans with related allowance for credit losses, recorded investment	395,453	431,507
Related allowance for credit losses	113,640	138,701
Total commercial [Member]
Impaired Loans [Abstract]
Unpaid principal balance	7,391	10,751
Impaired Loans, recorded investment	5,127	8,280
Impaired Loans with related allowance for credit losses, recorded investment	5,127	8,280
Related allowance for credit losses	1,941	4,262
Commercial and industrial [Member]
Impaired Loans [Abstract]
Unpaid principal balance	0	0
Impaired Loans, recorded investment	0	0
Impaired Loans with related allowance for credit losses, recorded investment	0	0
Related allowance for credit losses	0	0
Secured by real estate [Member]
Impaired Loans [Abstract]
Unpaid principal balance	7,391	10,751
Impaired Loans, recorded investment	5,127	8,280
Impaired Loans with related allowance for credit losses, recorded investment	5,127	8,280
Related allowance for credit losses	1,941	4,262
Total consumer [Member]
Impaired Loans [Abstract]
Unpaid principal balance	640,266	637,451
Impaired Loans, recorded investment	523,264	537,942
Impaired Loans with related allowance for credit losses, recorded investment	390,326	423,227
Related allowance for credit losses	111,699	134,439
Real estate 1-4 family first mortgage [Member]
Impaired Loans [Abstract]
Unpaid principal balance	483,084	489,857
Impaired Loans, recorded investment	397,858	405,461
Impaired Loans with related allowance for credit losses, recorded investment	283,549	310,367
Related allowance for credit losses	68,589	80,130
Real estate 1-4 family junior lien mortgage [Member]
Impaired Loans [Abstract]
Unpaid principal balance	157,182	147,594
Impaired Loans, recorded investment	125,406	132,481
Impaired Loans with related allowance for credit losses, recorded investment	106,777	112,860
Related allowance for credit losses	$43,110	$54,309

Recovered_Sheet8

Loans and Allowance for Credit Losses, Impaired Loans, Average Recorded Investment and Interest Income (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Impaired Loans, Average Recorded Investment [Abstract]
Average recorded investment	$537,910	$173,325	$78,258
Recognized interest income	30,661	12,263	4,500
Interest income:
Cash basis of accounting	10,343	5,490	542
Other	20,318	6,773	3,958
Total commercial [Member]
Impaired Loans, Average Recorded Investment [Abstract]
Average recorded investment	6,486	1,585	762
Recognized interest income	231	18	1
Commercial and industrial [Member]
Impaired Loans, Average Recorded Investment [Abstract]
Average recorded investment	0	0	0
Recognized interest income	0	0	0
Secured by real estate [Member]
Impaired Loans, Average Recorded Investment [Abstract]
Average recorded investment	6,486	1,585	762
Recognized interest income	231	18	1
Total consumer [Member]
Impaired Loans, Average Recorded Investment [Abstract]
Average recorded investment	531,424	171,740	77,496
Recognized interest income	30,430	12,245	4,499
Real estate 1-4 family first mortgage [Member]
Impaired Loans, Average Recorded Investment [Abstract]
Average recorded investment	403,050	133,483	55,962
Recognized interest income	20,676	9,059	3,177
Real estate 1-4 family junior lien mortgage [Member]
Impaired Loans, Average Recorded Investment [Abstract]
Average recorded investment	128,374	38,257	21,534
Recognized interest income	$9,754	$3,186	$1,322

Recovered_Sheet9

Loans and Allowance for Credit Losses, Troubled Debt Restructurings Modifications by Type (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Primary modification type
Principal	$25,669	$15,854	$6,289
Interest rate reduction	27,049	16,587	13,476
Other concessions	34,451	40,005	49,815
Total	87,169	72,446	69,580
Financial effects of modifications
Charge-offs	7,666	2,198	8,728
Weighted average interest rate reduction	3.58%	3.68%	3.65%
Recorded investment related to interest rate reduction	49,463	30,317	18,145
Total commercial [Member]
Primary modification type
Principal	0	0	0
Interest rate reduction	44	0	0
Other concessions	531	0	0
Total	575	0	0
Financial effects of modifications
Charge-offs	0	0	0
Weighted average interest rate reduction	2.00%	0.00%	0.00%
Recorded investment related to interest rate reduction	44	0	0
Secured by real estate [Member]
Primary modification type
Principal	0
Interest rate reduction	44
Other concessions	531
Total	575
Financial effects of modifications
Charge-offs	0
Weighted average interest rate reduction	2.00%
Recorded investment related to interest rate reduction	44
Total consumer [Member]
Primary modification type
Principal	25,669	15,854	6,289
Interest rate reduction	27,005	16,587	13,476
Other concessions	33,920	40,005	49,815
Total	86,594	72,446	69,580
Financial effects of modifications
Charge-offs	7,666	2,198	8,728
Weighted average interest rate reduction	3.58%	3.68%	3.65%
Recorded investment related to interest rate reduction	49,419	30,317	18,145
Real estate 1-4 family first mortgage [Member]
Primary modification type
Principal	21,822	13,904	5,863
Interest rate reduction	20,195	13,471	11,809
Other concessions	27,422	24,853	39,393
Total	69,439	52,228	57,065
Financial effects of modifications
Charge-offs	4,379	1,881	2,412
Weighted average interest rate reduction	3.16%	3.23%	3.27%
Recorded investment related to interest rate reduction	39,262	25,783	16,185
Real estate 1-4 family junior lien mortgage [Member]
Primary modification type
Principal	3,847	1,950	426
Interest rate reduction	6,810	3,116	1,667
Other concessions	6,587	8,186	8,972
Total	17,244	13,252	11,065
Financial effects of modifications
Charge-offs	3,287	317	6,316
Weighted average interest rate reduction	5.20%	6.20%	6.79%
Recorded investment related to interest rate reduction	10,157	4,534	1,960
Trial Modifications [Member]
Primary modification type
Principal	0	0	0
Interest rate reduction	0	0	0
Other concessions	-89	6,966	1,450
Total	-89	6,966	1,450
Financial effects of modifications
Charge-offs	0	0	0
Weighted average interest rate reduction	0.00%	0.00%	0.00%
Recorded investment related to interest rate reduction	$0	$0	$0

Recovered_Sheet10

Loans and Allowance for Credit Losses, Troubled Debt Restructurings, Current Defaults (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Modifications [Line Items]
Recorded investment of defaults	$5,455	$3,104	$4,371
Total commercial [Member]
Financing Receivable, Modifications [Line Items]
Recorded investment of defaults	335	0	0
Commercial and industrial [Member]
Financing Receivable, Modifications [Line Items]
Recorded investment of defaults	0	0	0
Secured by real estate [Member]
Financing Receivable, Modifications [Line Items]
Recorded investment of defaults	335	0	0
Total consumer [Member]
Financing Receivable, Modifications [Line Items]
Recorded investment of defaults	5,120	3,104	4,371
Real estate 1-4 family first mortgage [Member]
Financing Receivable, Modifications [Line Items]
Recorded investment of defaults	3,352	2,687	3,753
Real estate 1-4 family junior lien mortgage [Member]
Financing Receivable, Modifications [Line Items]
Recorded investment of defaults	$1,768	$417	$618

Commitments_Guarantees_and_Oth1

Commitments, Guarantees and Other Matters Textual (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Commitments to Extend Credit [Member]
Commitments (Textual) [Line Items]
Commercial loan commitments	$413,500,000	$381,000,000
Estimated fair value of commitments	737,000	517,000
Payments made under indemnification clauses	0	0
Stated or notional amounts included in indemnification clauses	0
Liability for indemnifications reflected on consolidated balance sheet	0
Line of Credit [Member] | Commercial Portfolio Segment [Member]
Commitments (Textual) [Line Items]
Loan commitments	398,700,000	361,000,000
Letter of Credit [Member] | Commercial Portfolio Segment [Member]
Commitments (Textual) [Line Items]
Loan commitments	$14,800,000	$20,000,000

Fair_Value_Estimates_for_Finan

Fair Value, Estimates for Financial Instruments Not Carried at Fair Value (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Percentage of assets measured on fair value nonrecurring basis (less than 1%)	1.00%	1.00%
Financial assets
Cash and cash equivalents	$0	$0	$0	$512,255
Loans, net	12,764,840	12,876,589
Carrying amount [Member]
Financial assets
Cash and cash equivalents	0	0
Loans, net	12,764,840	12,876,589
Financial liabilities
Line of credit with Bank	496,692	901,350
Estimated fair value [Member]
Financial assets
Cash and cash equivalents	0	0
Loans, net	13,721,645	13,743,499
Financial liabilities
Line of credit with Bank	496,692	901,350
Estimated fair value [Member] | Level 1 [Member]
Financial assets
Cash and cash equivalents	0	0
Loans, net	0	0
Financial liabilities
Line of credit with Bank	0	0
Estimated fair value [Member] | Level 2 [Member]
Financial assets
Cash and cash equivalents	0	0
Loans, net	0	0
Financial liabilities
Line of credit with Bank	0	0
Estimated fair value [Member] | Level 3 [Member]
Financial assets
Cash and cash equivalents	0	0
Loans, net	13,721,645	13,743,499
Financial liabilities
Line of credit with Bank	$496,692	$901,350

Common_and_Preferred_Stock_Tex

Common and Preferred Stock Textual (Details) (USD $)	12 Months Ended			1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014
				officer
Class of Stock [Line Items]
Net proceeds from issuance of preferred stock	$266,001,000	$0	$0
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued				11,000,000
Shares issued, price per share (in dollars per share)	$25			$25
Gross proceeds from the issuance of preferred stock				275,000,000
Net proceeds from issuance of preferred stock				266,000,000
Issuance costs				9,000,000
Cash dividends declared	1,022,000
Dividend coverage ratio				150.00%
Debt to equity ratio				20.00%
Percentage of voting approval needed to override debt to equity covenant				66.66%
Redemption price (in dollars per share)	$25			$25
Number of senior executive certificates needed for Regulatory Event				1
Series A Preferred Stock [Member] | Affiliated Entity [Member]
Class of Stock [Line Items]
Issuance costs				3,100,000
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Cash dividends declared	$57,000	$57,000	$57,000
Redemption price (in dollars per share)	$1,000			$1,000

Common_and_Preferred_Stock_Det

Common and Preferred Stock (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Class of Stock [Line Items]
Shares authorized	111,001,000	2,000
Shares issued	11,001,312	1,312
Shares outstanding	11,001,312	1,312
Carrying value	$110,013.12	$13.12
Common stock:
Shares authorized	100,000,000	1,000
Shares issued	645	645
Shares outstanding	645	645
Par value (in dollars per share)	$0.01	$0.01
Carrying value	6.45	6.45
Series A Preferred Stock [Member]
Preferred stock:
Dividend rate, percentage	6.38%
Liquidation preference per share (in dollars per share)	$25
Shares authorized	11,000,000
Shares issued	11,000,000
Shares outstanding	11,000,000
Par value per share (in dollars per share)	$0.01
Carrying value	110,000
Series B Preferred Stock [Member]
Preferred stock:
Dividend rate (in dollars per share)	$85	$85
Liquidation preference per share (in dollars per share)	$1,000	$1,000
Shares authorized	1,000	1,000
Shares issued	667	667
Shares outstanding	667	667
Par value per share (in dollars per share)	$0.01	$0.01
Carrying value	$6.67	$6.67

Transactions_with_Related_Part1

Transactions with Related Parties Textual (Details) (Affiliated Entity [Member], USD $)	12 Months Ended	3 Months Ended
	Dec. 31, 2014	Mar. 31, 2015
Revolving Credit Facility [Member]
Related Party Transaction [Line Items]
Maximum borrowing capacity	1,200,000,000
Revolving Credit Facility [Member] | Federal Funds Effective Swap Rate [Member]
Related Party Transaction [Line Items]
Variable interest rate	0.13%
Scenario, Forecast [Member]
Related Party Transaction [Line Items]
Percentage of total assets that can be used as collateral		80.00%

Transactions_with_Related_Part2

Transactions with Related Parties (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Interest income:
Total interest income	$696,425	$298,635	$203,448
Interest expense	1,397	1,210	26
Loan servicing costs	37,266	13,734	11,363
Management fees	3,120	2,025	2,082
Balance Sheet Related Data (Abstract)
Loan acquisitions (year-to-date)	2,566,372	3,862,635
Loan sales (year-to-date)	-23,496	-5,670
Line of credit with Bank	496,692	901,350
Accounts receivable - affiliates, net	54,424	44,135
Related party [Member]
Interest income:
Accretion of discounts on loans	64,334	10,220	23,514
Interest on deposits	57	237	1,069
Total interest income	64,391	10,457	24,583
Interest expense	1,397	1,210	26
Loan servicing costs	37,221	13,721	11,355
Management fees	3,120	2,025	2,082
Balance Sheet Related Data (Abstract)
Loan acquisitions (year-to-date)	2,566,372	3,862,635
Assets contributed by WPFC	0	8,456,636
Loan sales (year-to-date)	-23,496	-5,670
Real estate owned sales (year-to-date)	-14,971	-1,181
Line of credit with Bank	496,692	901,350
Accounts receivable - affiliates, net	$54,424	$44,135

Schedule_IV_Mortgage_Loans_on_1

Schedule IV - Mortgage Loans on Real Estate Summary of Mortgage Loans on Real Estate (Details) (USD $)	12 Months Ended
	Dec. 31, 2014
	loan
Mortgage Loans on Real Estate [Line Items]
Number of loans	99,034
Weighted average interest rate	4.64%
Weighted average maturity in years	16 years 8 months 11 days
Recorded investment in loans	$12,890,718,000
Past due amounts	301,518,000
Recorded investment for Federal income tax purposes	12,900,000,000
Recorded investment discount, related party	348,800,000
Real estate 1-4 family first mortgage [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	55,127
Weighted average interest rate	4.99%
Weighted average maturity in years	21 years 10 months 23 days
Recorded investment in loans	8,023,294,000
Past due amounts	215,097,000
Real estate 1-4 family first mortgage [Member] | Original balances less than $500 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	49,164
Weighted average interest rate	5.84%
Weighted average maturity in years	18 years 7 months 6 days
Recorded investment in loans	3,758,673,000
Past due amounts	172,785,000
Real estate 1-4 family first mortgage [Member] | Original balances $500 - $1,000 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	4,700
Weighted average interest rate	4.43%
Weighted average maturity in years	25 years 1 month 5 days
Recorded investment in loans	2,768,487,000
Past due amounts	24,866,000
Real estate 1-4 family first mortgage [Member] | Original balances over $1,000 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	1,263
Weighted average interest rate	3.86%
Weighted average maturity in years	24 years 8 months 11 days
Recorded investment in loans	1,496,134,000
Past due amounts	17,446,000
Real estate 1-4 family junior lien mortgage [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	42,849
Weighted average interest rate	7.10%
Weighted average maturity in years	16 years 5 months 30 days
Recorded investment in loans	1,746,318,000
Past due amounts	78,306,000
Real estate 1-4 family junior lien mortgage [Member] | Original balances less than $500 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	42,770
Weighted average interest rate	7.13%
Weighted average maturity in years	16 years 4 months 25 days
Recorded investment in loans	1,705,826,000
Past due amounts	76,043,000
Real estate 1-4 family junior lien mortgage [Member] | Original balances $500 - $1,000 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	70
Weighted average interest rate	6.07%
Weighted average maturity in years	19 years 8 months 11 days
Recorded investment in loans	32,242,000
Past due amounts	1,150,000
Real estate 1-4 family junior lien mortgage [Member] | Original balances over $1,000 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	9
Weighted average interest rate	5.41%
Weighted average maturity in years	19 years 4 months 25 days
Recorded investment in loans	8,250,000
Past due amounts	1,113,000
Secured by real estate [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	1,058
Weighted average interest rate	2.39%
Weighted average maturity in years	3 years 3 months 18 days
Recorded investment in loans	3,121,106,000
Past due amounts	8,115,000
Secured by real estate [Member] | Original balances less than $1,000 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	467
Weighted average interest rate	2.52%
Weighted average maturity in years	3 years 10 months 23 days
Recorded investment in loans	453,452,000
Past due amounts	1,600,000
Secured by real estate [Member] | Original balances $1,000 - $10,000 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	517
Weighted average interest rate	2.51%
Weighted average maturity in years	3 years 5 months 30 days
Recorded investment in loans	1,284,420,000
Past due amounts	6,515,000
Secured by real estate [Member] | Original balances over $10,000 [Member]
Mortgage Loans on Real Estate [Line Items]
Number of loans	74
Weighted average interest rate	2.23%
Weighted average maturity in years	3 years
Recorded investment in loans	1,383,234,000
Past due amounts	$0
Real Estate Loans And Leases Receivables [Member] | Loans And Leases Receivable [Member]
Mortgage Loans on Real Estate [Line Items]
Concentration risk (percent)	3.00%

Schedule_IV_Mortgage_Loans_on_2

Schedule IV - Mortgage Loans on Real Estate Movement in Mortgage Loans on Real Estate (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Movement in Mortgage Loans on Real Estate [Roll Forward]
Balance, beginning of period	$13,040,288	$4,065,226	$2,992,390
Acquisitions	2,560,760	3,849,096	1,956,014
Accretion and amortization of adjustments on loans	67,592	11,361	23,374
Non-cash loan contribution from Wachovia Preferred Funding Corp.	0	7,116,854	0
Loan balance increases	2,628,352	10,977,311	1,979,388
Proceeds from principal payments and sales	-2,684,798	-1,957,934	-850,838
Charge-offs	-80,045	-41,337	-50,615
Transfers from loans to foreclosed assets	-13,079	-2,978	-5,099
Loan balance decreases	-2,777,922	-2,002,249	-906,552
Balance, end of period	$12,890,718	$13,040,288	$4,065,226