Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

v3.22.1
Securitization of Financial Assets (Tables)
3 Months Ended
Mar. 31, 2022
Transfers and Servicing [Abstract]  
Schedule of Certain Transactions with Securitization Trusts
The following summarizes certain transactions with securitization trusts: 
  As of and for the three months ended March 31,
  2022 2021
  (in millions)
Gains on securitizations $ 17  $ 18 
Cost of financial assets securitized 175  120 
Proceeds from securitizations 192  138 
Residual and servicing assets 192  165 
Cash received from residual and servicing assets