Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

v3.21.1
Securitization of Financial Assets (Tables)
3 Months Ended
Mar. 31, 2021
Transfers and Servicing [Abstract]  
Summary of Certain Transactions with Securitization Trusts
The following summarizes certain transactions with securitization trusts: 
  As of and for the three months ended March 31,
  2021 2020
  (in millions)
Gains on securitizations $ 18  $
Cost of financial assets securitized 120  48 
Proceeds from securitizations 138  53 
Residual and servicing assets 165  122 
Cash received from residual and servicing assets