Dollars in Millions

Revenue

Interest on securitization related assets acquired from receiverships

$0

$0

$3

$10

$3

$ 10

Interest on U.S. Treasury obligations

12

34

0

0

12

34

Interest on advances and subrogated claims

0

0

1

0

1

0

Realized gain on investment in securitization related assets acquired from receiverships

0

0

123

34

123

34

Other revenue

1

1

2

9

3

10

Total Revenue

13

35

129

53

142

88

Expenses and Losses

Operating expenses

2

2

9

15

11

17

Realized loss on investment in securitization related assets acquired from receiverships

0

0

3

10

3

10

Provision for losses

(1)

0

1

(3)

0

(3)

Expenses for goodwill settlements and litigation

21

0

0

0

21

0

Interest expense on notes payable and other expenses

1

1

1

1

2

2

Total Expenses and Losses

23

3

14

23

37

26

Net Income

(10)

32

115

30

105

62

Unrealized (loss)/gain on available-for-sale securities, net (current period)

0

0

(94)

39

(94)

39

Comprehensive Income

(10)

32

21

69

11

101

Accumulated Deficit - Beginning

(41,373)

(41,738)

(81,827)

(82,074)

(123,200)

(123,812)

Accumulated Deficit - Ending

$ (41,383)

$ (41,706)

$ (81,806)

$ (82,005)

$ (123,189)

$ (123,711)