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Guarantees (Tables)
 3 Months Ended
Mar. 31, 2016
Guarantees [Abstract]  
Repurchase Requests [Abstract]
 
Three Months Ended March 31
(Dollars in millions)
2016
 
2015
Pending repurchase requests, beginning of period

$17

 

$47

Repurchase requests received
11

 
20

Repurchase requests resolved:
 
 
 
Repurchased
(5
)
 
(5
)
Cured
(9
)
 
(14
)
Total resolved
(14
)
 
(19
)
Pending repurchase requests, end of period 1

$14

 

$48

 
 
 
 
Percent from non-agency investors:
 
 
 
Ending pending repurchase requests
32.6
%
 
5.2
%
Repurchase requests received
—
%
 
—
%
1 Comprised of $9 million and $45 million from the GSEs, and $5 million and $3 million from non-agency investors at March 31, 2016 and 2015, respectively.
Mortgage Loan Repurchase Losses
 
Three Months Ended March 31
(Dollars in millions)
2016
 
2015
Balance, beginning of period

$57

 

$85

Repurchase benefit
(2
)
 
(2
)
Charge-offs, net of recoveries
—

 
(1
)
Balance, end of period

$55

 

$82
Repurchased Mortgage Loan [Table Text Block]
(Dollars in millions)
March 31, 2016
 
December 31, 2015
Outstanding repurchased mortgage loans:
 
 
 
Performing LHFI

$253

 

$255

Nonperforming LHFI
17

 
17

Total carrying value of outstanding repurchased mortgage loans

$270

 

$272