Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.2
Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
On-balance sheet assets      
Trading account assets $ 255,500 $ 229,826  
Debt securities carried at fair value 245,997 256,467  
Held-to-maturity securities 338,418 215,730  
Other assets 139,872 129,690  
Total assets 2,738,452 2,434,079 $ 2,426,330
Loans and leases 955,172 983,426  
Total liabilities 2,469,602 2,169,269  
Commercial Mortgage      
On-balance sheet assets      
Debt securities carried at fair value 16,220    
Unconsolidated VIEs | Agency      
Variable Interest Entity [Line Items]      
Maximum loss exposure 14,199 12,554  
On-balance sheet assets      
Other assets 0 0  
Total assets 14,199 12,554  
Principal balance outstanding 144,735 160,226  
Unconsolidated VIEs | Agency | Senior Lien      
On-balance sheet assets      
Trading account assets 152 627  
Debt securities carried at fair value 8,337 6,392  
Held-to-maturity securities 5,710 5,535  
Unconsolidated VIEs | Non-agency | Prime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 286 340  
On-balance sheet assets      
Other assets 6 2  
Total assets 171 200  
Principal balance outstanding 6,555 7,268  
Unconsolidated VIEs | Non-agency | Prime | Senior Lien      
On-balance sheet assets      
Trading account assets 9 5  
Debt securities carried at fair value 156 193  
Held-to-maturity securities 0 0  
Unconsolidated VIEs | Non-agency | Subprime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,440 1,622  
On-balance sheet assets      
Other assets 31 49  
Total assets 1,110 1,281  
Principal balance outstanding 6,928 8,594  
Unconsolidated VIEs | Non-agency | Subprime | Senior Lien      
On-balance sheet assets      
Trading account assets 8 54  
Debt securities carried at fair value 1,071 1,178  
Held-to-maturity securities 0 0  
Unconsolidated VIEs | Non-agency | Alt-A      
Variable Interest Entity [Line Items]      
Maximum loss exposure 167 98  
On-balance sheet assets      
Other assets 1 2  
Total assets 167 98  
Principal balance outstanding 17,478 19,878  
Unconsolidated VIEs | Non-agency | Alt-A | Senior Lien      
On-balance sheet assets      
Trading account assets 102 24  
Debt securities carried at fair value 64 72  
Held-to-maturity securities 0 0  
Unconsolidated VIEs | Commercial Mortgage      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,138 1,036  
On-balance sheet assets      
Other assets 61 38  
Total assets 1,008 912  
Principal balance outstanding 57,832 60,129  
Unconsolidated VIEs | Commercial Mortgage | Senior Lien      
On-balance sheet assets      
Trading account assets 60 65  
Debt securities carried at fair value 0 0  
Held-to-maturity securities 887 809  
Consolidated VIEs      
On-balance sheet assets      
Trading account assets 4,492 5,811  
Other assets 191 540  
Total assets 26,965 44,381  
Loans and leases 24,094 38,837  
Total liabilities 6,500 10,915  
Consolidated VIEs | Agency      
Variable Interest Entity [Line Items]      
Maximum loss exposure 611 10,857  
On-balance sheet assets      
Trading account assets 611 780  
Other assets 0 161  
Total assets 611 10,858  
Loans and leases 0 9,917  
Total liabilities 0 4  
Consolidated VIEs | Non-agency | Prime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 5  
On-balance sheet assets      
Trading account assets 86 116  
Other assets 0 0  
Total assets 86 116  
Loans and leases 0 0  
Total liabilities 86 111  
Consolidated VIEs | Non-agency | Subprime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 63 44  
On-balance sheet assets      
Trading account assets 260 149  
Other assets 2 0  
Total assets 262 149  
Loans and leases 0 0  
Total liabilities 199 105  
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  
Loans and leases 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  
Loans and leases 0 0  
Total liabilities $ 0 $ 0