XML 89 R76.htm IDEA: XBRL DOCUMENT v3.23.2
Mortgage Servicing Rights - MSRs and Related Characteristics by Portfolio (Detail)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2023
USD ($)
BasisPoint
Multiple
Dec. 31, 2022
USD ($)
Multiple
BasisPoint
Mar. 31, 2023
USD ($)
Jun. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Servicing Assets at Fair Value [Line Items]            
Fair value $ 3,633 $ 3,755 $ 3,724 $ 3,707 $ 3,432 $ 2,953
Mortgage Servicing Rights [Member]            
Servicing Assets at Fair Value [Line Items]            
Servicing portfolio 243,426 239,753        
Fair value $ 3,633 $ 3,755        
Value (bps) | BasisPoint 149 157        
Weighted-average servicing fees (bps) | BasisPoint 29 30        
Multiple (value/servicing fees) | Multiple 5.1 5.2        
Weighted-average note rate 3.81% 3.67%        
Weighted-average age (in years) 4 years 2 months 12 days 3 years 10 months 24 days        
Weighted-average expected prepayment (constant prepayment rate) 8.30% 7.80%        
Weighted-average expected life (in years) 7 years 6 months 7 years 8 months 12 days        
Weighted-average option adjusted spread 5.70% 5.80%        
HFA [Member] | Mortgage Servicing Rights [Member]            
Servicing Assets at Fair Value [Line Items]            
Servicing portfolio $ 45,368 $ 44,071        
Fair value $ 729 $ 725        
Value (bps) | BasisPoint 161 165        
Weighted-average servicing fees (bps) | BasisPoint 36 36        
Multiple (value/servicing fees) | Multiple 4.46 4.56        
Weighted-average note rate 4.32% 4.16%        
Weighted-average age (in years) 4 years 2 months 12 days 4 years        
Weighted-average expected prepayment (constant prepayment rate) 7.80% 7.40%        
Weighted-average expected life (in years) 8 years 7 months 6 days 8 years 9 months 18 days        
Weighted-average option adjusted spread 7.60% 7.60%        
Government Insured [Member] | Mortgage Servicing Rights [Member]            
Servicing Assets at Fair Value [Line Items]            
Servicing portfolio $ 24,312 $ 23,141        
Fair value $ 476 $ 454        
Value (bps) | BasisPoint 196 196        
Weighted-average servicing fees (bps) | BasisPoint 43 42        
Multiple (value/servicing fees) | Multiple 4.53 4.69        
Weighted-average note rate 4.01% 3.81%        
Weighted-average age (in years) 5 years 6 months 5 years 8 months 12 days        
Weighted-average expected prepayment (constant prepayment rate) 9.40% 8.50%        
Weighted-average expected life (in years) 7 years 3 months 18 days 7 years 7 months 6 days        
Weighted-average option adjusted spread 6.90% 6.90%        
Conventional [Member] | Mortgage Servicing Rights [Member]            
Servicing Assets at Fair Value [Line Items]            
Servicing portfolio $ 173,746 $ 172,541        
Fair value $ 2,428 $ 2,576        
Value (bps) | BasisPoint 140 149        
Weighted-average servicing fees (bps) | BasisPoint 26 27        
Multiple (value/servicing fees) | Multiple 5.47 5.52        
Weighted-average note rate 3.65% 3.52%        
Weighted-average age (in years) 4 years 3 years 8 months 12 days        
Weighted-average expected prepayment (constant prepayment rate) 8.30% 7.80%        
Weighted-average expected life (in years) 7 years 3 months 18 days 7 years 6 months        
Weighted-average option adjusted spread 4.90% 5.10%