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Guarantees (Tables)
 12 Months Ended
Dec. 31, 2016
Guarantees [Abstract]  
Repurchase Requests [Table Text Block]
Repurchase requests from GSEs, Ginnie Mae, and non-agency investors, for all vintages, are presented in the following table that summarizes demand activity for the years ended December 31.
(Dollars in millions)
2016
 
2015
 
2014
Pending repurchase requests, beginning of period

$17

 

$47

 

$126

Repurchase requests received
44

 
73

 
158

Repurchase requests resolved:
 
 
 
 
 
Repurchased
(18
)
 
(22
)
 
(28
)
Cured
(29
)
 
(81
)
 
(209
)
Total resolved
(47
)
 
(103
)
 
(237
)
Pending repurchase requests, end of period 1

$14

 

$17

 

$47

 
 
 
 
 
 
Percent from non-agency investors:
 
 
 
 
Pending repurchase requests, end of period
40.4
%
 
32.9
%
 
6.7
%
Repurchase requests received
7.1
%
 
7.2
%
 
0.9
%
1 Comprised of $8 million, $11 million, and $44 million from the GSEs, and $6 million, $6 million, and $3 million from non-agency investors at December 31, 2016, 2015, and 2014 respectively.
Mortgage Loan Repurchase Losses [Table Text Block]
The following table summarizes the changes in the Company’s reserve for residential mortgage loan repurchases for the years ended December 31:
(Dollars in millions)
2016
 
2015
 
2014
Balance, beginning of period

$57

 

$85

 

$78

Repurchase (benefit)/provision
(17
)
 
(12
)
 
12

Charge-offs, net of recoveries
—

 
(16
)
 
(5
)
Balance, end of period

$40

 

$57

 

$85
Repurchased Mortgage Loan [Table Text Block]
The following table summarizes the carrying value of the Company's outstanding repurchased mortgage loans at December 31:
(Dollars in millions)
2016
 
2015
Outstanding repurchased mortgage loans:
 
 
Performing LHFI

$230

 

$255

Nonperforming LHFI
12

 
17

Total carrying value of outstanding repurchased mortgage loans

$242

 

$272