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Guarantees (Tables)
 3 Months Ended
Mar. 31, 2017
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.
 
Three Months Ended March 31
(Dollars in millions)
2017
 
2016
Pending repurchase requests, beginning of period

$14

 

$17

Repurchase requests received
10

 
11

Repurchase requests resolved:
 
 
 
Repurchased
(4
)
 
(5
)
Cured
(14
)
 
(9
)
Total resolved
(18
)
 
(14
)
Pending repurchase requests, end of period 1

$6

 

$14

 
 
 
 
Percent from non-agency investors:
 
 
Pending repurchase requests, end of period
11.5
%
 
32.6
%
Repurchase requests received
6.8
%
 
—
%
1 Comprised of $5 million and $9 million from the GSEs, and $1 million and $5 million from non-agency investors at March 31, 2017 and 2016, respectively.
Mortgage Loan Repurchase Losses [Table Text Block]
The following table summarizes the changes in the Company’s reserve for residential mortgage loan repurchases:
 
Three Months Ended March 31
(Dollars in millions)
2017
 
2016
Balance, beginning of period

$40

 

$57

Repurchase provision/(benefit)
—

 
(2
)
Balance, end of period

$40

 

$55
Repurchased Mortgage Loan [Table Text Block]
The following table summarizes the carrying value of the Company's outstanding repurchased mortgage loans:
(Dollars in millions)
March 31, 2017
 
December 31, 2016
Outstanding repurchased mortgage loans:
 
 
Performing LHFI

$222

 

$230

Nonperforming LHFI
13

 
12

Total carrying value of outstanding repurchased mortgage loans

$235

 

$242