COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Tables)

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Commitments Amount

The following table details the amount of commitments at the dates indicated:

Other Commitments	September 30, 2020		December 31, 2019
	(in thousands)
Commitments to extend credit	$	32,140,936	$	30,685,478
Letters of credit	1,626,932		1,592,726
Commitments to sell loans	44,193		21,341
Unsecured revolving lines of credit	—		24,922
Recourse exposure on sold loans	26,957		53,667
Total commitments	$	33,839,018	$	32,378,134

Summary of Liabilities for Commitments and Contingencies

The following table summarizes liabilities recorded for commitments and contingencies as of September 30, 2020 and December 31, 2019, all of which are included in Accounts payable and accrued expenses in the accompanying Condensed Consolidated Balance Sheets:

Agreement or Legal Matter	Commitment or Contingency	September 30, 2020		December 31, 2019
		(in thousands)
Chrysler Agreement	Revenue-sharing and gain/(loss), net-sharing payments	$	50,809	$	12,132
Agreement with Bank of America	Servicer performance fee	1,508		2,503
Agreement with CBP	Loss-sharing payments	392		1,429
Other contingencies	Consumer arrangements	25,099		1,991