Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS - MSR Hedging Activities (Details)

v3.19.3
DERIVATIVE FINANCIAL INSTRUMENTS - MSR Hedging Activities (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 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)
September 30, 2019
December 31, 2018
Notional value
$
572
 
 
$
 
Trading assets
30
 
 
 
Trading liabilities
(1
)
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(dollar amounts in millions)
2019
2018
 
2019
2018
Trading gains (losses)
$
20

$

 
$
44

$
(8
)

   
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Document Period End Date     Sep. 30, 2019    
Derivative, Notional Amount $ 24,702   $ 24,702   $ 4,877
Derivative used in Mortgage Banking Activities          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Derivative, Fair Value, Net 14   14   (4)
Derivative, Notional Amount 572   572   0
Trading Assets 30   30   0
Trading Liabilities (1)   (1)   $ 0
Derivative, Gain (Loss) on Derivative, Net $ 20 $ 0 $ 44 $ (8)