Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
On-balance sheet assets      
Trading account assets $ 288,566 $ 198,854  
Debt securities carried at fair value 285,377 246,601  
Held-to-maturity securities 683,274 438,279  
Other assets 160,427 135,203  
Total assets 3,085,446 2,819,627 $ 2,738,452
Total liabilities 2,812,982 2,546,703  
Consolidated VIEs      
On-balance sheet assets      
Trading account assets 4,432 5,225  
Other assets 136 1,387  
Total assets 20,431 28,555  
Total liabilities 4,170 7,523  
Agency | Unconsolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 12,308 13,477  
On-balance sheet assets      
Other assets 0 0  
Total assets 12,308 13,477  
Principal balance outstanding 106,969 133,497  
Agency | Consolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,174 1,328  
On-balance sheet assets      
Trading account assets 1,174 1,328  
Total assets 1,174 1,328  
Total liabilities 0 0  
Agency | Senior securities: | Unconsolidated VIEs      
On-balance sheet assets      
Trading account assets 230 152  
Debt securities carried at fair value 5,738 7,588  
Held-to-maturity securities 6,340 5,737  
Non-agency | Prime | Unconsolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 219 250  
On-balance sheet assets      
Other assets 6 6  
Total assets 104 111  
Principal balance outstanding 5,059 6,081  
Non-agency | Prime | Consolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 10 66  
On-balance sheet assets      
Trading account assets 38 350  
Total assets 38 350  
Total liabilities 28 284  
Non-agency | Prime | Senior securities: | Unconsolidated VIEs      
On-balance sheet assets      
Trading account assets 18 2  
Debt securities carried at fair value 80 103  
Held-to-maturity securities 0 0  
Non-agency | Subprime | Unconsolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 992 1,031  
On-balance sheet assets      
Other assets 26 26  
Total assets 690 710  
Principal balance outstanding 5,995 6,691  
Non-agency | Subprime | Consolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 23 53  
On-balance sheet assets      
Trading account assets 217 260  
Total assets 217 260  
Total liabilities 194 207  
Non-agency | Subprime | Senior securities: | Unconsolidated VIEs      
On-balance sheet assets      
Trading account assets 26 8  
Debt securities carried at fair value 638 676  
Held-to-maturity securities 0 0  
Non-agency | Alt-A | Unconsolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 51 46  
On-balance sheet assets      
Other assets 1 1  
Total assets 51 46  
Principal balance outstanding 14,404 16,554  
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  
Total assets 0 0  
Total liabilities 0 0  
Non-agency | Alt-A | Senior securities: | Unconsolidated VIEs      
On-balance sheet assets      
Trading account assets 20 12  
Debt securities carried at fair value 30 33  
Held-to-maturity securities 0 0  
Commercial Mortgage      
On-balance sheet assets      
Debt securities carried at fair value 18,832    
Commercial Mortgage | Unconsolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,343 1,169  
On-balance sheet assets      
Other assets 68 50  
Total assets 1,168 1,035  
Principal balance outstanding 70,864 59,268  
Commercial Mortgage | Consolidated VIEs      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 0  
On-balance sheet assets      
Trading account assets 0 0  
Total assets 0 0  
Total liabilities 0 0  
Commercial Mortgage | Senior securities: | Unconsolidated VIEs      
On-balance sheet assets      
Trading account assets 53 60  
Debt securities carried at fair value 0 0  
Held-to-maturity securities $ 1,047 $ 925