Commitments, Contingencies And Guarantees (Tables)

3 Months Ended

Mar. 31, 2012

Commitments, Contingencies And Guarantees [Abstract]

Schedule Of Unpaid Principal Balance Of Mortgage Loans Originated And Sold To Third Parties Based On Category Of Purchaser

Unpaid Principal Balance of Mortgage Loans Originated and Sold to Third Parties Based on Category of Purchaser

	Unpaid Principal Balance
	March 31, 2012		December 31, 2011		Original Unpaid Principal Balance
(Dollars in billions)					Total		2008		2007		2006		2005
Government sponsored enterprises ("GSEs")(1)	$	5	$	5	$	11	$	1	$	4	$	3	$	3
Insured Securitizations		6		6		19		0		2		8		9
Uninsured Securitizations and Other		27		30		81		3		15		30		33
Total	$	38	$	41	$	111	$	4	$	21	$	41	$	45

⁽¹⁾  GSEs include Fannie Mae and Freddie Mac.

Schedule Of Open Claims In Pipeline

(Dollars in millions) (All amounts are Original Principal Balance)	GSEs			Insured Securitizations			Uninsured Securitizations and Other			Total
Open claims as of December 31, 2010	$	126		$	832		$	665		$	1,623
Gross new demands received		196			359			131			686
Loans repurchased/made whole		(67	)		(14	)		(16	)		(97	)
Demands rescinded		(85	)		(6	)		(30	)		(121	)
Reclassifications(2)		6			72			(78	)		0
Open claims as of December 31, 2011	$	176		$	1,243		$	672		$	2,091
Gross new demands received		107			50			172			329
Loans repurchased/made whole		(9	)		(1	)		(22	)		(32	)
Demands rescinded		(35	)		0			(7	)		(42	)
Reclassifications(2)		0			1			(1	)		0
Open claims as of March 31, 2012	$	239		$	1,293		$	814		$	2,346

⁽¹⁾  The open pipeline includes all repurchase requests ever received by our subsidiaries where either the requesting party has not formally rescinded the repurchase request and where our subsidiary has not agreed to either repurchase the loan at issue or make the requesting party whole with respect to its losses. Accordingly, repurchase requests denied by our subsidiaries and not pursued by the counterparty remain in the open pipeline. Moreover, repurchase requests submitted by parties without contractual standing to pursue repurchase requests are included within the open pipeline unless the requesting party has formally rescinded its repurchase request. Finally, the amounts reflected in this chart are the original principal balance amounts of the mortgage loans at issue and do not correspond to the losses our subsidiary would incur upon the repurchase of these loans.

⁽²⁾  Represents adjustments to correct the counterparty category as of March 31, 2012 and December 31, 2011 for amounts that were misclassified. The reclassification had no impact on the total pending repurchase requests.

Schedule Of Changes In Representation And Warranty Reserves

	Three Months Ended March 31,						Full Year
(Dollars in millions)	2012			2011			2011
Representation and warranty repurchase reserve, beginning of period(1)	$	943		$	816		$	816
Provision for repurchase losses(2)		169			44			212
Net realized losses		(11	)		(14	)		(85	)
Representation and warranty repurchase reserve, end of period(1)	$	1,101		$	846		$	943

⁽¹⁾  Reported in our consolidated balance sheets as a component of other liabilities.

⁽²⁾  The pre-tax portion of the provision for mortgage repurchase claims recognized in our consolidated statements of income as a component of non-interest income totaled $16 million and $5 million for the three months ended March 31, 2012 and 2011, respectively. The pre-tax portion of the provision for mortgage repurchase claims recognized in our consolidated statements of income as a component of discontinued operations totaled $153 million and $39 million, for the three months ended March 31, 2012 and 2011, respectively.

Schedule Of Allocation Of Representation And Warranty Reserves

	Reserve Liability
(Dollars in millions, except for loans sold)	March 31, 2012		December 31, 2011		Loans Sold 2005 to 2008(1)
GSEs and Active Insured Securitizations	$	927	$	778	$	27
Inactive Insured Securitizations and Others		174		165		84
Total	$	1,101	$	943	$	111

⁽¹⁾ Reflects, in billions, the total original principal balance of mortgage loans originated by our subsidiaries and sold to third party investors between 2005 and 2008.