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SECURITIZATIONS AND VARIABLE INTEREST ENTITIES - Mortgage Servicing Rights (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Mortgage servicing rights          
Classification of Securitizations          
Fair value of capitalized mortgage servicing rights $ 419,000,000 $ 345,000,000 $ 419,000,000 $ 345,000,000  
Principal amount of loans and other financial instruments 50,000,000,000 57,000,000,000 50,000,000,000 57,000,000,000  
Capitalized MSRs          
Balance, at beginning of period 433,000,000 367,000,000 336,000,000 495,000,000  
Originations 25,000,000 24,000,000 68,000,000 56,000,000  
Changes in fair value of MSRs due to changes in inputs and assumptions (21,000,000) (26,000,000) 52,000,000 (169,000,000)  
Other changes (18,000,000) (20,000,000) (37,000,000) (37,000,000)  
Sale of MSRs 0 0 0 0  
Balance, as of June 30 419,000,000 345,000,000 419,000,000 345,000,000  
MSR fees          
Servicing fees 37,000,000 34,000,000 68,000,000 73,000,000  
Late fees 0 1,000,000 1,000,000 3,000,000  
Ancillary fees 0 0 0 0  
Total MSR fees 37,000,000 35,000,000 69,000,000 76,000,000  
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 1,200,000,000   1,200,000,000   1,600,000,000
Securities transferred to re-securitization entities 11,400,000,000 $ 12,000,000,000 24,500,000,000 $ 19,400,000,000  
Market value of retained interest related to re-securitization transaction 410,000,000   410,000,000   916,000,000
Original fair value of re-securitizations deals in which the entity holds a retained interest $ 76,000,000,000   $ 76,000,000,000   $ 83,600,000,000