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SECURITIZATIONS AND VARIABLE INTEREST ENTITIES - Mortgage Servicing Rights (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Mortgage servicing rights          
Classification of Securitizations          
Fair value of capitalized mortgage servicing rights $ 600,000,000 $ 419,000,000 $ 600,000,000 $ 419,000,000  
Principal amount of loans and other financial instruments 49,000,000,000 50,000,000,000 49,000,000,000 50,000,000,000  
Capitalized MSRs          
Balance, at beginning of period 520,000,000 433,000,000 404,000,000 336,000,000  
Originations 35,000,000 25,000,000 69,000,000 68,000,000  
Changes in fair value of MSRs due to changes in inputs and assumptions 59,000,000 (21,000,000) 158,000,000 52,000,000  
Other changes (14,000,000) (18,000,000) (31,000,000) (37,000,000)  
Sale of MSRs 0 0 0 0  
Balance, as of June 30 600,000,000 419,000,000 600,000,000 419,000,000  
MSR fees          
Servicing fees 30,000,000 37,000,000 59,000,000 68,000,000  
Late fees 1,000,000 0 2,000,000 1,000,000  
Ancillary fees 0 0 0 0  
Total MSR fees 31,000,000 37,000,000 61,000,000 69,000,000  
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 1,500,000,000   1,500,000,000   1,200,000,000
Securities transferred to re-securitization entities 5,600,000,000 $ 11,400,000,000 14,900,000,000 $ 24,500,000,000  
Market value of retained interest related to re-securitization transaction 656,000,000   656,000,000   641,000,000
Original fair value of re-securitizations deals in which the entity holds a retained interest $ 78,800,000,000   $ 78,800,000,000   $ 78,400,000,000