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SECURITIZATIONS AND VARIABLE INTEREST ENTITIES - Mortgage Servicing Rights (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Mortgage servicing rights          
Classification of Securitizations          
Fair value of capitalized mortgage servicing rights $ 334,000,000 $ 472,000,000 $ 334,000,000 $ 472,000,000  
Principal amount of loans and other financial instruments 56,000,000,000 59,000,000,000 56,000,000,000 59,000,000,000  
Capitalized MSRs          
Balance, at beginning of period 345,000,000 508,000,000 495,000,000 584,000,000  
Originations 31,000,000 19,000,000 87,000,000 47,000,000  
Changes in fair value of MSRs due to changes in inputs and assumptions (22,000,000) (35,000,000) (191,000,000) (99,000,000)  
Other changes (20,000,000) (20,000,000) (57,000,000) (60,000,000)  
Sale of MSRs 0 0 0 0  
Balance, as of September 30 334,000,000 472,000,000 334,000,000 472,000,000  
MSR fees          
Servicing fees 29,000,000 36,000,000 102,000,000 112,000,000  
Late fees 1,000,000 2,000,000 4,000,000 6,000,000  
Ancillary fees 0 0 0 1,000,000  
Total MSR fees 30,000,000 38,000,000 106,000,000 119,000,000  
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 securitizations - U.S. agency-sponsored          
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 10,700,000,000 $ 8,900,000,000 30,100,000,000 $ 23,400,000,000  
Market value of retained interest related to re-securitization transaction 1,000,000,000.0   1,000,000,000.0   1,300,000,000
Original fair value of re-securitizations deals in which the entity holds a retained interest $ 76,900,000,000   $ 76,900,000,000   $ 73,500,000,000