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Fair Value Measurements - Level 3 Reconciliation (Details) - Recurring Fair Value Measurements - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Excess spread financing      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance - beginning of period $ 1,311 $ 1,184  
Total gains or losses included in earnings (132) (190)  
Payments received from borrowers   0  
Purchases 0 469  
Issuances 24 0  
Sales   0  
Settlements and repayments (159) (182)  
Transfers to mortgage loans held for sale   0  
Transfers to real estate owned   0  
Balance - end of period 1,044 1,281  
Mortgage servicing rights financing      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance - beginning of period 37 32  
Total gains or losses included in earnings 10 15  
Payments received from borrowers   0  
Purchases 0 0  
Issuances 0 0  
Sales   0  
Settlements and repayments 0 0  
Transfers to mortgage loans held for sale   0  
Transfers to real estate owned   0  
Balance - end of period 47 47  
LPCs      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Derivative financial instruments 2   $ 3
Mortgage servicing rights      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance - beginning of period 3,496 3,665  
Total gains or losses included in earnings (1,275) (1,039)  
Payments received from borrowers   0  
Purchases 30 732  
Issuances 412 298  
Sales   (317)  
Settlements and repayments 0 0  
Transfers to mortgage loans held for sale   0  
Transfers to real estate owned   0  
Balance - end of period 2,663 3,339  
IRLCs      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance - beginning of period 135    
Total gains or losses included in earnings 279    
Purchases 0    
Issuances 0    
Settlements and repayments 0    
Balance - end of period 414    
Mortgage loans held for investment      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance - beginning of period   119  
Total gains or losses included in earnings   3  
Payments received from borrowers   (11)  
Purchases   0  
Issuances   0  
Sales   (94)  
Settlements and repayments   0  
Transfers to mortgage loans held for sale   12  
Transfers to real estate owned   (5)  
Balance - end of period   $ 0  
LPCs      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance - beginning of period 12    
Total gains or losses included in earnings 26    
Purchases 0    
Issuances 0    
Settlements and repayments 0    
Balance - end of period $ 38