Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

v3.21.2
Securitization of Financial Assets (Tables)
9 Months Ended
Sep. 30, 2021
Transfers and Servicing [Abstract]  
Schedule of Certain Transactions with Securitization Trusts
The following summarizes certain transactions with securitization trusts: 
  As of and for the nine months ended September 30,
  2021 2020
  (in millions)
Gains on securitizations $ 55  $ 34 
Cost of financial assets securitized 665  173 
Proceeds from securitizations 720  207 
Residual and servicing assets 204  147 
Cash received from residual and servicing assets