Certain Transfers of Financial Assets and Variable Interest Entities (Tables)

3 Months Ended

Mar. 31, 2017

Certain Transfers of Financial Assets and Variable Interest Entities [Abstract]

Portfolio Balances and Delinquency Balances Based on 90 Days or More Past Due and Net Charge-offs Related to Managed Portfolio Loans

The Company's total managed loans, including the LHFI portfolio and other transferred loans (securitized and unsecuritized), are presented in the following table by portfolio balance and delinquency status (accruing loans 90 days or more past due and all nonaccrual loans) at March 31, 2017 and December 31, 2016, as well as the related net charge-offs for the three months ended March 31, 2017 and 2016.

	Portfolio Balance				Past Due and Nonaccrual				Net Charge-offs
	March 31, 2017		December 31, 2016		March 31, 2017		December 31, 2016		Three Months Ended March 31
(Dollars in millions)									2017			2016
LHFI portfolio:
Commercial		$78,253		$78,224		$365		$426		$50			$22
Residential	38,550		38,990		761		758		20			35
Consumer	26,726		26,084		890		949		42			28
Total LHFI portfolio	143,529		143,298		2,016		2,133		112			85
Managed securitized loans 1:
Commercial 2	5,060		4,761		—		—		—			—
Residential	132,805		126,641		131		114		2		3	2		3
Consumer	448		512		1		1		1			1
Total managed securitized loans	138,313		131,914		132		115		3			3
Managed unsecuritized loans 4	2,828		2,985		415		438		—			—
Total managed loans		$284,670		$278,197		$2,563		$2,686		$115			$88

¹ Excludes loans that have completed the foreclosure or short sale process (i.e., involuntary prepayments).

² Comprised of commercial mortgages sold through Fannie Mae, Freddie Mac, and Ginnie Mae securitizations, whereby servicing has been retained by the Company.

³ Net charge-offs are associated with $392 million and $410 million of managed securitized residential loans at March 31, 2017 and December 31, 2016, respectively. Net charge-off data is not reported to the Company for the remaining balance of $132.4 billion and $126.2 billion of managed securitized residential loans at March 31, 2017 and December 31, 2016, respectively.

⁴ Comprised of unsecuritized residential loans the Company originated and sold to private investors with servicing rights retained. Net charge-offs on these loans are not presented in the table as the data is not reported to the Company by the private investors that own these related loans.