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MSR (Changes in the Servicing Assets) (Detail) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Servicing Assets at Fair Value    
Fair value at beginning of period $ 858,000,000 $ 744,000,000
Servicing rights originated 81,000,000 127,000,000
Servicing rights acquired 82,000,000 109,000,000
Changes in fair value due to changes in inputs or assumptions [1] 42,000,000 (1,000,000)
Changes in fair value due to other changes in fair value [2] (125,000,000) (121,000,000)
Fair value at end of period $ 938,000,000 $ 858,000,000
[1]
  • Primarily reflects changes in prepayment speed and OAS spread assumptions which are updated based on market interest rates.
[2]

Primarily reflects changes due to collection of contractual cash flows and the passage of time.