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Guarantees (Tables)
 6 Months Ended
Jun. 30, 2016
Guarantees [Abstract]  
Repurchase Requests [Abstract]
 
Six Months Ended June 30
(Dollars in millions)
2016
 
2015
Pending repurchase requests, beginning of period

$17

 

$47

Repurchase requests received
20

 
44

Repurchase requests resolved:
 
 
 
Repurchased
(10
)
 
(11
)
Cured
(17
)
 
(56
)
Total resolved
(27
)
 
(67
)
Pending repurchase requests, end of period 1

$10

 

$24

 
 
 
 
Percent from non-agency investors:
 
 
 
Ending pending repurchase requests
44.6
%
 
5.0
%
Repurchase requests received
—
%
 
0.5
%
1 Comprised of $6 million and $23 million from the GSEs, and $4 million and $1 million from non-agency investors at June 30, 2016 and 2015, respectively.
Mortgage Loan Repurchase Losses
 
Three Months Ended June 30
 
Six Months Ended June 30
(Dollars in millions)
2016
 
2015
 
2016
 
2015
Balance, beginning of period

$55

 

$82

 

$57

 

$85

Repurchase benefit
(4
)
 
(6
)
 
(6
)
 
(8
)
Charge-offs, net of recoveries
—

 
(16
)
 
—

 
(17
)
Balance, end of period

$51

 

$60

 

$51

 

$60
Repurchased Mortgage Loan [Table Text Block]
(Dollars in millions)
June 30, 2016
 
December 31, 2015
Outstanding repurchased mortgage loans:
 
 
 
Performing LHFI

$247

 

$255

Nonperforming LHFI
17

 
17

Total carrying value of outstanding repurchased mortgage loans

$264

 

$272