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Guarantees (Tables)
9 Months Ended
Sep. 30, 2015
Guarantees [Abstract]  
Repurchase Requests [Abstract]
(Dollars in millions)
2015
 
2014
Beginning pending repurchase requests

$47

 

$126

Repurchase requests received
58

 
139

Repurchase requests resolved:
 
 
 
Repurchased
(17
)
 
(22
)
Cured
(72
)
 
(198
)
Total resolved
(89
)
 
(220
)
Ending pending repurchase requests 1

$16

 

$45

 
 
 
 
Percent from non-agency investors:
 
 
Pending repurchase requests
6.0
%
 
7.0
%
Repurchase requests received
0.6
%
 
0.8
%
1 Comprised of $15 million and $42 million from the GSEs, and $1 million and $3 million from non-agency investors at September 30, 2015 and 2014, respectively.
Mortgage Loan Repurchase Losses
 
Three Months Ended September 30
 
Nine Months Ended September 30
(Dollars in millions)
2015
 
2014
 
2015
 
2014
Balance, at beginning of period

$60

 

$77

 

$85

 

$78

Repurchase (benefit)/provision
(1
)
 
2

 
(9
)
 
12

Charge-offs, net of recoveries

 
(2
)
 
(17
)
 
(13
)
Balance, at end of period

$59

 

$77

 

$59

 

$77

Repurchased Mortgage Loan [Table Text Block]
(Dollars in millions)
September 30, 2015
 
December 31, 2014
Outstanding repurchased mortgage loans:
 
 
Performing LHFI

$262

 

$271

Nonperforming LHFI
15

 
29

Nonperforming LHFS

 
12

Total carrying value of outstanding repurchased mortgage loans

$277

 

$312