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SECURITIZATIONS AND VARIABLE INTEREST ENTITIES - Mortgage Servicing Rights (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Mortgage servicing rights          
Classification of Securitizations          
Fair value of capitalized mortgage servicing rights $ 345,000,000   $ 345,000,000   $ 508,000,000
Principal amount of loans and other financial instruments 57,000,000,000   57,000,000,000   60,000,000,000
Capitalized MSRs          
Balance, at beginning of period 367,000,000 $ 551,000,000 495,000,000 $ 584,000,000  
Originations 24,000,000 16,000,000 56,000,000 28,000,000  
Changes in fair value of MSRs due to changes in inputs and assumptions (26,000,000) (37,000,000) (169,000,000) (64,000,000)  
Other changes (20,000,000) (22,000,000) (37,000,000) (40,000,000)  
Sale of MSRs 0 0 0 0  
Balance, as of June 30 345,000,000 508,000,000 345,000,000 508,000,000  
MSR fees          
Servicing fees 34,000,000 35,000,000 73,000,000 76,000,000  
Late fees 1,000,000 2,000,000 3,000,000 4,000,000  
Ancillary fees 0 0 0 1,000,000  
Total MSR fees 35,000,000 37,000,000 76,000,000 81,000,000  
Mortgage securitizations - Non-agency-sponsored          
Re-securitizations          
Fair value of re-securitizations deals in which the entity holds a retained interest 0   0   0
Mortgage-backed securities - U.S. government-sponsored agency guaranteed          
Re-securitizations          
Fair value of re-securitizations deals in which the entity holds a retained interest 1,800,000,000   1,800,000,000   2,200,000,000
Securities transferred to re-securitization entities 12,000,000,000 $ 6,900,000,000 19,400,000,000 $ 14,500,000,000  
Market value of retained interest related to re-securitization transaction 858,700,000   858,700,000   1,300,000,000
Original fair value of re-securitizations deals in which the entity holds a retained interest $ 71,800,000,000   $ 71,800,000,000   $ 73,500,000,000