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Contingencies And Other Risks (Tables)
9 Months Ended
Sep. 30, 2013
Loss Contingency [Abstract]  
Schedule Of Changes In Reserve And Warranty Obligations [Table Text Block]
Nine months ended September 30, ($ in millions)
 
2013 (a)
 
2012 (b)
Balance at January 1,
 
$
105

 
$
825

Provision for mortgage representation and warranty expenses
 
 
 
 
Loan sales
 
5

 
11

Change in estimate — continuing operations
 
103

 
67

Total additions
 
108

 
78

Resolved claims (c)
 
(44
)
 
(117
)
Recoveries
 
2

 
6

Other (d)
 
(127
)
 
(665
)
Balance at September 30,
 
$
44

 
$
127

(a)
The liabilities are held by Ally Bank and a majority of the previous liability was eliminated as a result of the deconsolidation of ResCap. Refer to Note 1 for more information regarding the Debtors' Bankruptcy and the deconsolidation of ResCap.
(b)
Includes activities of our discontinued operations.
(c)
Includes principal losses and accrued interest on repurchased loans, indemnification payments, and settlements with counterparties.
(d)
Activity for 2013 includes the impact of the sale of MSRs to Ocwen. Activity for 2012 includes the impact of the deconsolidation of ResCap.
The following table summarizes the changes in our reserve for representation and warranty obligations.
Three months ended September 30, ($ in millions)
 
2013
 
2012
Balance at July 1,
 
$
25

 
$
124

Provision for mortgage representation and warranty expenses
 
 
 
 
Loan sales
 

 
3

Change in estimate — continuing operations
 
22

 
30

Total additions
 
22

 
33

Resolved claims (a)
 
(3
)
 
(30
)
Recoveries
 

 

Balance at September 30,
 
$
44

 
$
127

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