XML 140 R58.htm IDEA: XBRL DOCUMENT v2.4.0.6
Contingencies And Other Risks (Tables)
6 Months Ended
Jun. 30, 2012
Loss Contingency [Abstract]  
Schedule Of Changes In Reserve And Warranty Obligations [Table Text Block]
The following tables summarize the changes in our reserve for representation and warranty obligations.
Three months ended June 30, ($ in millions)
 
2012
 
2011
Balance at April 1,
 
$
811

 
$
830

Provision for mortgage representation and warranty expenses
 
 
 
 
Loan sales
 
4

 
5

Change in estimate — continuing operations
 
18

 
184

Total additions
 
22

 
189

Resolved claims (a)
 
(45
)
 
(194
)
Recoveries
 
1

 
4

Deconsolidation of ResCap
 
(665
)
 

Balance at June 30,
 
$
124

 
$
829

(a)
Includes principal losses and accrued interest on repurchased loans, indemnification payments, and settlements with counterparties.
Six months ended June 30, ($ in millions)
 
2012
 
2011
Balance at January 1,
 
$
825

 
$
830

Provision for mortgage representation and warranty expenses
 
 
 
 
Loan sales
 
8

 
11

Change in estimate — continuing operations
 
37

 
210

Total additions
 
45

 
221

Resolved claims (a)
 
(87
)
 
(228
)
Recoveries
 
6

 
6

Deconsolidation of ResCap
 
(665
)
 

Balance at June 30,
 
$
124

 
$
829

(a)
Includes principal losses and accrued interest on repurchased loans, indemnification payments, and settlements with counterparties.