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SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Details 7) (USD $)
3 Months Ended 3 Months Ended
Mar. 31, 2012
Dec. 31, 2011
Mar. 31, 2012
Mortgage servicing rights:
Mar. 31, 2011
Mortgage servicing rights:
Mar. 31, 2012
Non-agency-sponsored mortgages
Mar. 31, 2012
Senior interests
Mar. 31, 2012
Subordinated interests
Mar. 31, 2012
U.S. government-sponsored agency guaranteed
Classification of Securitizations                
Fair value of capitalized mortgage servicing rights     $ 2,700,000,000 $ 4,700,000,000        
Principal amount of loans and other financial instruments     387,000,000,000 444,000,000,000        
Re-securitizations                
Balance at beginning of period 2,691,000,000 2,569,000,000 2,569,000,000 4,554,000,000        
Originations     144,000,000 194,000,000        
Changes in fair value of MSRs due to changes in inputs and assumptions     249,000,000 172,000,000        
Other changes     (271,000,000) (230,000,000)        
Balance at end of period 2,691,000,000 2,569,000,000 2,691,000,000 4,690,000,000        
Servicing fees     268,000,000 304,000,000        
Late fees     17,000,000 21,000,000        
Ancillary fees     28,000,000 28,000,000        
Total MSR fees     313,000,000 353,000,000        
Original par value of re-securitizations deals in which the entity holds a retained interest         7,300,000,000      
Original par value of securities transferred to re-securitization entities         509,000,000      
Market value of retained interest related to re-securitization transaction in 2012         74,000,000     754,000,000
Original fair value of re-securitizations deals in which the entity holds a retained interest 59,000,000,000              
Securities transferred to re-securitization entities               7,400,000,000
Fair value of re-securitizations deals in which the entity holds a retained interest         $ 393,000,000 $ 32,000,000 $ 361,000,000 $ 2,100,000,000