Servicing Activities

Automotive Finance Servicing Activities

We service consumer automotive contracts. Historically, we have sold a portion of our consumer automotive contracts. With respect to contracts we sell, we retain the right to service and earn a servicing fee for our servicing function. We have concluded that the fee we are paid for servicing consumer automotive finance receivables represents adequate compensation, and consequently, we do not recognize a servicing asset or liability. We recognized automotive servicing fee income of $64 million, $45 million, and $31 million during the years ended December 31, 2016, 2015, and 2014, respectively.

Automotive Finance Serviced Assets

The current unpaid principal balance and any related unamortized deferred fees and costs of total serviced automotive finance loans and leases outstanding were as follows.



December 31, ($ in millions)	2016		2015
On-balance sheet automotive finance loans and leases
Consumer automotive	$	65,646	$	64,067
Commercial automotive	38,853		34,895
Operating leases	11,311		15,965
Other	67		72
Off-balance sheet automotive finance loans
Securitizations	2,412		2,550
Whole-loan	3,191		2,259
Total serviced automotive finance loans and leases	$	121,480	$	119,808