Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS - MSR Hedging Activities (Details)

v3.19.1
DERIVATIVE FINANCIAL INSTRUMENTS - MSR Hedging Activities (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]      
MSR Derivative Hedging [Table Text Block]
The notional value of the derivative financial instruments, corresponding trading assets and liabilities, and net trading gains (losses) related to MSR hedging activity is summarized in the following table:
(dollar amounts in millions)
March 31, 2019
December 31, 2018
Notional Value
$
650
 
 
$
 
Trading Assets
4
 
 
 
Trading Liabilities
1
 
 
 
 
 
 
 
 
Three months ended March 31,
(dollar amounts in millions)
2019
 
2018
Trading gains (losses)
$
7
 
 
$
 
   
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Derivative, Notional Amount $ 9,552   $ 4,877
Derivative used in Mortgage Banking Activities      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Derivative, Notional Amount 650   0
Trading Assets 4   0
Trading Liabilities 1   $ 0
Derivative, Gain (Loss) on Derivative, Net $ 7 $ 0