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Guarantees (Tables)
12 Months Ended
Dec. 31, 2015
Guarantees [Abstract]  
Repurchase Requests [Abstract]
(Dollars in millions)
2015
 
2014
 
2013
Beginning pending repurchase requests

$47

 

$126

 

$655

Repurchase requests received
73

 
158

 
1,511

Repurchase requests resolved:
 
 
 
 
 
Repurchased
(22
)
 
(28
)
 
(1,134
)
Cured
(81
)
 
(209
)
 
(906
)
Total resolved
(103
)
 
(237
)
 
(2,040
)
Ending pending repurchase requests1

$17

 

$47

 

$126

 
 
 
 
 
 
Percent from non-agency investors:
 
 
 
 
Pending repurchase requests
32.9
%
 
6.7
%
 
2.8
%
Repurchase requests received
7.2
%
 
0.9
%
 
1.2
%
1 Comprised of $11 million, $44 million, and $122 million from the GSEs, and $6 million, $3 million, and $4 million from non-agency investors at December 31, 2015, 2014, and 2013, respectively.
Mortgage Loan Repurchase Losses
(Dollars in millions)
2015
 
2014
2013

Balance, at beginning of period

$85

 

$78


$632

Repurchase (benefit)/provision
(12
)
 
12

114

Charge-offs, net of recoveries
(16
)
 
(5
)
(668
)
Balance, at end of period

$57

 

$85


$78

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

$255

 

$271

Nonperforming LHFI
17

 
29

Nonperforming LHFS

 
12

Total carrying value of outstanding repurchased mortgage loans

$272

 

$312