Annual report pursuant to Section 13 and 15(d)

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

v3.20.4
Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
On-balance sheet assets    
Trading account assets $ 198,854 $ 229,826
Debt securities carried at fair value 246,601 256,467
Held-to-maturity securities 438,279 215,730
Other assets 135,203 129,690
Total assets 2,819,627 2,434,079
Loans and leases 927,861 983,426
Total liabilities 2,546,703 2,169,269
Consolidated VIEs    
On-balance sheet assets    
Trading account assets 5,225 5,811
Other assets 1,387 540
Total assets 28,555 44,381
Loans and leases 23,636 38,837
Total liabilities 7,523 10,915
Agency | Unconsolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 13,477 12,554
On-balance sheet assets    
Other assets 0 0
Total assets 13,477 12,554
Principal balance outstanding 133,497 160,226
Agency | Consolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 1,328 10,857
On-balance sheet assets    
Trading account assets 1,328 780
Other assets 0 161
Total assets 1,328 10,858
Loans and leases 0 9,917
Total liabilities 0 4
Agency | Senior securities: | Unconsolidated VIEs    
On-balance sheet assets    
Trading account assets 152 627
Debt securities carried at fair value 7,588 6,392
Held-to-maturity securities 5,737 5,535
Non-agency | Prime | Unconsolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 250 340
On-balance sheet assets    
Other assets 6 2
Total assets 111 200
Principal balance outstanding 6,081 7,268
Non-agency | Prime | Consolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 66 5
On-balance sheet assets    
Trading account assets 350 116
Other assets 0 0
Total assets 350 116
Loans and leases 0 0
Total liabilities 284 111
Non-agency | Prime | Senior securities: | Unconsolidated VIEs    
On-balance sheet assets    
Trading account assets 2 5
Debt securities carried at fair value 103 193
Held-to-maturity securities 0 0
Non-agency | Subprime | Unconsolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 1,031 1,622
On-balance sheet assets    
Other assets 26 49
Total assets 710 1,281
Principal balance outstanding 6,691 8,594
Non-agency | Subprime | Consolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 53 44
On-balance sheet assets    
Trading account assets 260 149
Other assets 0 0
Total assets 260 149
Loans and leases 0 0
Total liabilities 207 105
Non-agency | Subprime | Senior securities: | Unconsolidated VIEs    
On-balance sheet assets    
Trading account assets 8 54
Debt securities carried at fair value 676 1,178
Held-to-maturity securities 0 0
Non-agency | Alt-A | Unconsolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 46 98
On-balance sheet assets    
Other assets 1 2
Total assets 46 98
Principal balance outstanding 16,554 19,878
Non-agency | Alt-A | Consolidated VIEs    
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
Non-agency | Alt-A | Senior securities: | Unconsolidated VIEs    
On-balance sheet assets    
Trading account assets 12 24
Debt securities carried at fair value 33 72
Held-to-maturity securities 0 0
Commercial Mortgage    
On-balance sheet assets    
Debt securities carried at fair value 16,505  
Commercial Mortgage | Unconsolidated VIEs    
Variable Interest Entity [Line Items]    
Maximum loss exposure 1,169 1,036
On-balance sheet assets    
Other assets 50 38
Total assets 1,035 912
Principal balance outstanding 59,268 60,129
Commercial Mortgage | Consolidated VIEs    
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
Commercial Mortgage | Senior securities: | Unconsolidated VIEs    
On-balance sheet assets    
Trading account assets 60 65
Debt securities carried at fair value 0 0
Held-to-maturity securities $ 925 $ 809