Two Harbors Investment Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Federal Home Loan Bank Advances (Tables)

Federal Home Loan Bank Advances (Tables)

3 Months Ended

Mar. 31, 2015

Advances from Federal Home Loan Banks [Abstract]

Schedule of Maturities of Federal Home Loan Bank Advances [Table Text Block]

At March 31, 2015 and December 31, 2014, FHLB advances had the following remaining maturities:



(in thousands)	March 31, 2015		December 31, 2014
≤ 1 year	$	—	$	33,738
> 1 and ≤ 3 years	651,238		651,238
> 3 and ≤ 5 years	815,024		815,024
> 5 and ≤ 10 years	—		—
> 10 years	1,158,738		1,000,000
Total	$	2,625,000	$	2,500,000

Schedule of Underlying Assets of Federal Home Loan Bank Advances [Table Text Block]

The following table summarizes assets at carrying values that are pledged or restricted as collateral for the future payment obligations of FHLB advances:



(in thousands)	March 31, 2015		December 31, 2014
Available-for-sale securities, at fair value	$	2,158,907	$	2,284,532
Residential mortgage loans held-for-sale, at fair value	402,770		397,656
Net economic interests in consolidated securitization trusts ⁽¹⁾	317,657		80,732
Total	$	2,879,334	$	2,762,920

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(1)	Includes the retained interests from the Company’s on-balance sheet securitizations, which are eliminated in consolidation in accordance with U.S. GAAP.