Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

v3.21.2
Securitization of Financial Assets (Tables)
6 Months Ended
Jun. 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 six months ended June 30,
  2021 2020
  (in millions)
Gains on securitizations $ 42  $ 21 
Cost of financial assets securitized 584  110 
Proceeds from securitizations 626  131 
Residual and servicing assets 194  140 
Cash received from residual and servicing assets