CONSOLIDATED STATEMENT OF INCOME (LOSS) (UNAUDITED) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Interest income	$ 432		$ 506
Interest expense on debt held by:
Interest expense	248		274
Net interest income	184		232
Provision for credit losses	27	[1]	2
Net interest income after provision for credit losses	157		230
Other revenues:
Derivative related expense	(97)		(90)
Gain on debt designated at fair value and related derivatives	59		31
Servicing and other fees from HSBC affiliates	6		8
Lower of amortized cost or fair value adjustment on receivables held for sale	(17)		111
Other income	7		22
Total other revenues	(42)		82
Operating expenses:
Salaries and employee benefits	42		56
Occupancy and equipment expenses, net	8		9
Real estate owned expenses	4		12
Other servicing and administrative expenses	40		80
Support services from HSBC affiliates	54		60
Total operating expenses	148		217
Income (loss) from continuing operations before income tax	(33)		95
Income tax benefit	(28)		(17)
Income (loss) from continuing operations	(5)		112
Discontinued operations (Note 2):
Loss from discontinued operations before income tax	0		(11)
Income tax expense	0		5
Loss from discontinued operations	0		(6)
Net income (loss)	(5)		106
Debt issued to HSBC affiliates [Member]
Interest expense on debt held by:
Interest expense	53		58
Debt issued to non-affiliates [Member]
Interest expense on debt held by:
Interest expense	$ 195		$ 216

[1] The provision for credit losses for real estate secured receivables during the first quarter of 2015 was impacted by a release of approximately $19 million associated with a correction to our credit loss reserve calculation for a segment of our portfolio.