Loans Held-For-Sale, Net

6 Months Ended

Jun. 30, 2013

Loans Receivable Held-for-sale, Net [Abstract]

Loans Held-for-sale, Net [Text Block]

Loans Held-for-Sale, Net

The composition of loans held-for-sale, net, was as follows.

($ in millions)	June 30, 2013		December 31, 2012
Consumer mortgage
1st Mortgage	$	56	$	2,490
Total consumer mortgage (a)	56		2,490
Commercial and industrial
Other	46		86
Total loans held-for-sale (b)	$	102	$	2,576

(a) Fair value option-elected domestic consumer mortgages were $56 million and $2.5 billion at June 30, 2013, and December 31, 2012, respectively. Refer to Note 22 for additional information.

(b) Totals are net of unamortized premiums and discounts and deferred fees and costs. Included in the totals are net unamortized discounts of $58 million at June 30, 2013, and net unamortized premiums of $26 million at December 31, 2012.

The following table summarizes held-for-sale mortgage loans reported at carrying value by higher-risk loan type.

($ in millions)	June 30, 2013		December 31, 2012
High original loan-to-value (greater than 100%) mortgage loans	$	2	$	378
Interest-only mortgage loans	—		10
Total higher-risk mortgage loans held-for-sale	$	2	$	388