Bank of America Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles (Policies)
Notes Tables
Notes Details

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

v2.4.1.9

Securitizations and Other Variable Interest Entities - First Lien Mortgage Securitizations (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Servicing fees	$ 389,000,000	$ 494,000,000
First Lien Mortgages
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Gain (loss) on loans securitized	169,000,000	198,000,000
Servicing advance	9,600,000,000		10,400,000,000
Loans repurchased from investors and securitization trusts	1,100,000,000	1,300,000,000
Agency
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Cash proceeds from new securitizations	7,571,000,000	7,466,000,000
Gain (loss) on securitizations	173,000,000	(11,000,000)
Commercial Mortgage
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Cash proceeds from new securitizations	2,156,000,000	704,000,000
Gain (loss) on securitizations	(7,000,000)	27,000,000
Level 2 \| First Lien Mortgages
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Transfers of financial assets accounted for as sale initial fair value of assets	$ 5,400,000,000	$ 506,000,000

- Definition

Gain (Loss) on Loans Held-for-sale and Securitization Financial Asset For Which Transfer is Accounted as Sale Gain (Loss) on Sale

+ References

No definition available.

+ Details

Name:	bac_GainLossonLoansHeldforsaleandSecuritizationFinancialAssetForWhichTransferisAccountedasSaleGainLossonSale
Namespace Prefix:	bac_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

Represents the servicing advances on loans serviced, including securitizations where the entity has continuing involvement. Advance types include principal and interest (P&I), tax and insurance (T&I, also known as escrow advances) and corporate payments which are costs associated with foreclosing on and liquidating mortgage collateral.

+ References

No definition available.

+ Details

Name:	bac_TransfersContinuingInvolvementServicingFeeAdvances
Namespace Prefix:	bac_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Represents the initial fair value recorded for assets received on transfer of financial assets in a securitization, asset-backed financing arrangement, or a similar transfer which transaction is recognized as a sale of the transferred financial assets, during the period.

+ References

No definition available.

+ Details

Name:	bac_TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceedsInPeriod
Namespace Prefix:	bac_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

Cash Flows between a transferor and a transferee attributable to newly transferred assets related to either a securitization, asset-backed financing arrangement, or similar transfer in which the transferor has continuing involvement with the transferred financial assets underlying the transaction (including, but not limited to, servicing, recourse, and restrictions on transferor's interests in the transferred financial assets).

+ References

+ Details

Name:	us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

Cash Flows between a transferor and a transferee attributable to purchases of previously transferred financial assets (or its underlying collateral) related to a securitization, asset-backed financing arrangement, or similar transfer in which the transferor has continuing involvement with the transferred financial assets underlying the transaction (including, but not limited to, servicing, recourse, and restrictions on transferor's interests in the transferred financial assets).

+ References

+ Details

Name:	us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

The total amount of contractually specified servicing fees, late fees, and ancillary fees earned for each period for which results of operations are presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 860

-SubTopic 50

-Section 50

-Paragraph 2

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122596-111746

+ Details

Name:	us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

Reflects, by transferred financial asset type, the amount of sales proceeds in excess of or deficient from the sum of the carrying amounts of transferred financial assets plus transaction costs, including those transactions in which the seller/transferor has continuing involvement with the financial assets that have been transferred.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 860

-SubTopic 20

-Section 50

-Paragraph 3

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=13989330&loc=d3e107207-111719

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 860

-SubTopic 10

-Section 40

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=45353237&loc=d3e96813-111708

+ Details

Name:	us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Details

Name:	us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FinancialInstrumentAxis=bac_FirstLienMortgagesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FinancialInstrumentAxis=bac_ResidentialMortgagebackedSecuritiesIssuedbyUSGovernmentSponsoredEnterprisesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: