| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | |
|---|---|---|---|---|---|---|
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES: | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
161 | 43 | -38 | 159 | - | - | |
Net income | ||||||
- | - | - | - | -84 | 250 | |
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Investment Income, Amortization of Premium | ||||||
25 | 25 | 27 | 35 | 38 | 32 | |
Accretion (Amortization) of Discounts and Premiums, Investments | ||||||
-20 | -27 | -35 | -40 | - | - | |
Depreciation | ||||||
7 | 1 | 0 | 0 | - | - | |
Accretion of Discount | ||||||
- | - | - | - | -35 | -14 | |
Amortization of Mortgage Servicing Rights (MSRs) | ||||||
1 | 10 | 10 | 5 | 0 | 0 | |
Unrealized loss (gain) on securities and derivatives, net | ||||||
32 | 78 | -69 | 55 | -188 | 131 | |
Gain (Loss) on Sale of Investments | ||||||
-0 | 3 | -2 | -8 | -170 | - | |
Realized loss (gain) on agency securities, net | ||||||
- | - | - | - | - | 73 | |
Realized gain on non-agency securities, net | ||||||
32 | 5 | 5 | 39 | 16 | 1 | |
Realized loss (gain) on derivatives and securities, net | ||||||
25 | -107 | -62 | -42 | 70 | -65 | |
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | ||||||
0 | 5 | 10 | 0 | 0 | - | |
Stock-based compensation | ||||||
0 | 2 | 1 | 0 | 0 | 0 | |
Increase in interest receivable | ||||||
4 | -1 | -3 | -5 | 2 | 12 | |
Increase in other assets | ||||||
-8 | -10 | -8 | -10 | -1 | 1 | |
Increase in accounts payable and other accrued liabilities | ||||||
7 | -4 | 1 | -0 | 33 | 5 | |
Net cash from (used in) operating activities | ||||||
97 | 87 | 117 | 131 | 224 | 118 | |
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES: | ||||||
Purchases of agency securities | ||||||
2,437 | 1,441 | 1,694 | 761 | 8,914 | 8,937 | |
Purchases of non-agency securities | ||||||
373 | 429 | 1,069 | 825 | 561 | 600 | |
Payments to Acquire Real Estate | ||||||
99 | 94 | 0 | 0 | - | - | |
Payments to Acquire Mortgage Servicing Rights (MSR) | ||||||
- | - | - | 89 | 0 | - | |
Servicing Asset at Fair Value, Additions | ||||||
- | - | - | - | - | 0 | |
Proceeds from sale of agency securities | ||||||
1,047 | 1,374 | 2,245 | 2,277 | 7,817 | 4,163 | |
Proceeds from sale of non-agency securities | ||||||
577 | 725 | 440 | 583 | 197 | 32 | |
Proceeds from Sale of Mortgage Servicing Rights (MSR) | ||||||
44 | 0 | 0 | - | - | - | |
Principal collections on agency securities | ||||||
412 | 445 | 506 | 544 | 689 | 393 | |
Proceeds From Principal Collection Of Non Agency Mortgag eBacked Securities | ||||||
149 | 204 | 235 | 137 | 106 | 50 | |
Proceeds from (Payments for) Securities Purchased under Agreements to Resell | ||||||
-355 | -205 | -67 | -191 | 396 | - | |
Payments for Securities Purchased under Agreements to Resell | ||||||
- | - | - | - | - | 368 | |
Purchase Of US Treasury Securities | ||||||
1,434 | 1,313 | 5,470 | 5,070 | 8,479 | 3,305 | |
Proceeds from sale of U.S. Treasury securities | ||||||
1,796 | 1,506 | 6,282 | 5,123 | 7,471 | 3,667 | |
Payments for Derivative Instrument, Investing Activities | ||||||
3 | 80 | 53 | 13 | - | - | |
Proceeds from terminations of interest rate swaptions | ||||||
- | - | - | - | 48 | 0 | |
Payment of premiums for interest rate swaptions | ||||||
- | - | - | - | 46 | 28 | |
Increase (Decrease) in Restricted Cash | ||||||
34 | -82 | 13 | 61 | -7 | 25 | |
Payments for (Proceeds from) Other Investing Activities | ||||||
-25 | 19 | -1 | -33 | 81 | 54 | |
Net cash flows from (used in) investing activities | ||||||
-687 | 752 | 1,344 | 1,685 | -1,349 | -5,012 | |
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES: | ||||||
Payments of Dividends | ||||||
84 | 78 | 108 | 134 | 167 | 82 | |
Proceeds from Issuance of Preferred Stock and Preference Stock | ||||||
- | - | - | 53 | 0 | 0 | |
Proceeds from Issuance of Common Stock | ||||||
- | - | - | - | 583 | 579 | |
Payments for Repurchase of Common Stock | ||||||
0 | 26 | 53 | 4 | 154 | 6 | |
Proceeds from Noncontrolling Interests | ||||||
0 | 0 | 0 | 0 | - | - | |
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders | ||||||
-0 | -0 | 0 | 0 | - | - | |
Proceeds from repurchase agreements | ||||||
26,601 | 27,829 | 47,270 | 41,501 | 103,914 | 32,504 | |
Repayments of Short-term Debt | ||||||
25,969 | 28,676 | 48,604 | 43,236 | 103,002 | 28,004 | |
Proceeds from Issuance of Secured Debt | ||||||
77 | 66 | 0 | 0 | - | - | |
Repayments of Secured Debt | ||||||
34 | 0 | 0 | 0 | - | - | |
Proceeds from (Payments for) Other Financing Activities | ||||||
- | - | - | - | - | 2 | |
Increase in restricted cash | ||||||
34 | -82 | 13 | - | - | - | |
Net cash flow from (used in) financing activities | ||||||
590 | -885 | -1,496 | -1,820 | 1,174 | 4,993 | |
Net increase (decrease) in cash and cash equivalents | ||||||
0 | -45 | -34 | -2 | 49 | 99 | |
Liabilities Assumed | ||||||
75 | 0 | 0 | - | - | - | |
Interest Paid | ||||||
54 | 40 | 29 | 29 | 37 | 19 | |
Income Taxes Paid | ||||||
0 | 0 | 0 | 0 | 1 | 0 | |