Dollars in Millions

Revenue

Interest on securitization related assets acquired from receiverships

$0

$0

$26

$62

$26

$ 62

Interest on U.S. Treasury obligations

85

106

0

0

85

106

Interest on advances and subrogated claims

0

0

19

67

19

67

Revenue from assets acquired by the Corporation

2

3

20

21

22

24

Realized gain on investment in securitization related assets acquired from receiverships

0

0

234

91

234

91

Limited partnership equity interests and other revenue

0

0

0

2

0

2

Total Revenue

87

109

299

243

386

352

Expenses and Losses

Operating expenses

5

3

48

56

53

59

Realized loss on investment in securitization related assets acquired from receiverships

0

0

15

39

15

39

Provision for losses

(87)

(127)

(16)

8

(103)

(119)

Expenses for goodwill settlements and litigation

(6)

(3)

0

0

(6)

(3)

Expenses for assets acquired fby the Corporation

2

5

2

9

4

14

Interest expense on notes payable and other expenses

4

8

0

3

4

11

Total Expenses and Losses

(82)

(114)

49

115

(33)

1

Net Income

169

223

250

128

419

351

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

0

0

(71)

28

(71)

28

Comprehensive Income

169

223

179

156

348

379

Accumulated Deficit - Beginning

(41,738)

(41,925)

(82,074)

(82,694)

(123,812)

(124,619)

Accumulated Deficit - Ending

$ (41,569)

$ (41,702)

$ (81,895)

$ (82,538)

$ (123,464)

$ (124,240)