Quarterly report pursuant to Section 13 or 15(d)

Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details)

v3.20.1
Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
On-balance sheet assets      
Trading account assets $ 193,323 $ 229,826  
Debt securities carried at fair value 221,104 256,467  
Amortized Cost 254,764 215,730  
Other assets 136,621 129,690  
Total assets 2,619,954 2,434,079 $ 2,377,164
Financing receivable, before credit loss allowance 1,050,785 983,426  
Total liabilities 2,355,036 2,169,269  
Commercial Mortgage      
On-balance sheet assets      
Debt securities carried at fair value 15,615    
Unconsolidated VIEs | Agency      
Variable Interest Entity [Line Items]      
Maximum loss exposure 12,228 12,554  
On-balance sheet assets      
Other assets 0 0  
Total assets 12,228 12,554  
Principal balance outstanding 153,421 160,226  
Unconsolidated VIEs | Agency | Senior Lien      
On-balance sheet assets      
Trading account assets 641 627  
Debt securities carried at fair value 5,419 6,392  
Amortized Cost 6,168 5,535  
Unconsolidated VIEs | Non-agency | Prime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 317 340  
On-balance sheet assets      
Other assets 7 2  
Total assets 184 200  
Principal balance outstanding 7,400 7,268  
Unconsolidated VIEs | Non-agency | Prime | Senior Lien      
On-balance sheet assets      
Trading account assets 12 5  
Debt securities carried at fair value 165 193  
Amortized Cost 0 0  
Unconsolidated VIEs | Non-agency | Subprime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,381 1,622  
On-balance sheet assets      
Other assets 31 49  
Total assets 1,050 1,281  
Principal balance outstanding 7,687 8,594  
Unconsolidated VIEs | Non-agency | Subprime | Senior Lien      
On-balance sheet assets      
Trading account assets 23 54  
Debt securities carried at fair value 996 1,178  
Amortized Cost 0 0  
Unconsolidated VIEs | Non-agency | Alt-A      
Variable Interest Entity [Line Items]      
Maximum loss exposure 86 98  
On-balance sheet assets      
Other assets 1 2  
Total assets 86 98  
Principal balance outstanding 18,997 19,878  
Unconsolidated VIEs | Non-agency | Alt-A | Senior Lien      
On-balance sheet assets      
Trading account assets 26 24  
Debt securities carried at fair value 59 72  
Amortized Cost 0 0  
Unconsolidated VIEs | Commercial Mortgage      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,102 1,036  
On-balance sheet assets      
Other assets 50 38  
Total assets 990 912  
Principal balance outstanding 60,748 60,129  
Unconsolidated VIEs | Commercial Mortgage | Senior Lien      
On-balance sheet assets      
Trading account assets 73 65  
Debt securities carried at fair value 0 0  
Amortized Cost 867 809  
Consolidated VIEs      
On-balance sheet assets      
Trading account assets 5,405 5,811  
Other assets 536 540  
Total assets 41,478 44,381  
Financing receivable, before credit loss allowance 37,009 38,837  
Total liabilities 7,973 10,915  
Consolidated VIEs | Agency      
Variable Interest Entity [Line Items]      
Maximum loss exposure 10,852 10,857  
On-balance sheet assets      
Trading account assets 1,210 780  
Other assets 164 161  
Total assets 10,852 10,858  
Financing receivable, before credit loss allowance 9,478 9,917  
Total liabilities 2 4  
Consolidated VIEs | Non-agency | Prime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 5  
On-balance sheet assets      
Trading account assets 100 116  
Other assets 0 0  
Total assets 100 116  
Financing receivable, before credit loss allowance 0 0  
Total liabilities 100 111  
Consolidated VIEs | Non-agency | Subprime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 45 44  
On-balance sheet assets      
Trading account assets 216 149  
Other assets 0 0  
Total assets 216 149  
Financing receivable, before credit loss allowance 0 0  
Total liabilities 171 105  
Consolidated VIEs | Non-agency | Alt-A      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 0  
On-balance sheet assets      
Trading account assets 0 0  
Other assets 0 0  
Total assets 0 0  
Financing receivable, before credit loss allowance 0 0  
Total liabilities 0 0  
Consolidated VIEs | Commercial Mortgage      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 0  
On-balance sheet assets      
Trading account assets 0 0  
Other assets 0 0  
Total assets 0 0  
Financing receivable, before credit loss allowance 0 0  
Total liabilities $ 0 $ 0