CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest income	$ 107	$ 342
Interest expense on debt held by:
Interest expense	90	160
Net interest income	17	182
Provision for credit losses	0	37	[1]
Net interest income after provision for credit losses	17	145
Other revenues:
Derivative related income (expense)	2	(115)
Gain on debt designated at fair value and related derivatives	12	24
Servicing and other fees from (to) HSBC affiliates	(27)	4
Lower of amortized cost or fair value adjustment on receivables held for sale	113	(55)
Gain on sale of real estate secured receivables	617	0
Other income	7	9
Total other revenues	724	(133)
Operating expenses:
Salaries and employee benefits	26	38
Occupancy and equipment expenses, net	2	6
Real estate owned expenses	1	3
Support services from HSBC affiliates	23	42
Other expenses	15	49
Total operating expenses	67	138
Income (loss) from continuing operations before income tax	674	(126)
Income tax expense (benefit)	256	(56)
Income (loss) from continuing operations	418	(70)
Discontinued operations:
Income (loss) from discontinued operations before income tax	6	(7)
Income tax expense (benefit)	2	(3)
Income (loss) from discontinued operations	4	(4)
Net income (loss)	422	(74)
Debt issued to non-affiliates [Member]
Interest expense on debt held by:
Interest expense	62	107
Debt issued to HSBC affiliates [Member]
Interest expense on debt held by:
Interest expense	$ 28	$ 53

[1] The provision for credit losses and charge-offs for real estate secured receivables during the three months ended March 31, 2016 included $13 million related to the initial lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 2, "Receivables Held for Sale," for additional information.