XML 161 R142.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill, Mortgage Servicing Rights, and Other Intangible Assets - Mortgage Servicing Rights (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Mortgage Servicing Rights [Roll Forward]        
Fair value at beginning of period $ 8,847 $ 8,229 $ 8,522 $ 7,973
MSR activity:        
Originations of MSRs 75 81 228 191
Purchase of MSRs 282 569 607 1,036
Disposition of MSRs 2 (101) (25) (191)
Net additions/(dispositions) 359 549 810 1,036
Changes due to collection/realization of expected cash flows (272) (265) (795) (760)
Changes in valuation due to inputs and assumptions:        
Changes due to market interest rates and other (251) 555 134 816
Changes in valuation due to other inputs and assumptions:        
Projected cash flows (e.g., cost to service) 95 (26) 102 (24)
Discount rates 14 14 14 14
Prepayment model changes and other (39) 53 (34) 54
Total changes in valuation due to other inputs and assumptions 70 41 82 44
Total changes in valuation due to inputs and assumptions (181) 596 216 860
Fair value at end of period 8,753 9,109 8,753 9,109
Changes in unrealized gains/(losses) included in income related to MSRs (181) 596 216 860
Contractual service fees, late fees and other ancillary fees included in income 396 409 1,190 1,185
Third-party mortgage loans serviced 658,000 639,000 658,000 639,000
Servicer advances, net of an allowance for uncollectible amounts $ 501 $ 557 $ 501 $ 557