Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

v3.23.1
Securitization of Financial Assets (Tables)
3 Months Ended
Mar. 31, 2023
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,
  2023 2022
  (in millions)
Gains on securitizations $ 16  $ 17 
Cost of financial assets securitized 263  175 
Proceeds from securitizations 279  192 
Residual and servicing assets 193  192 
Cash received from residual and servicing assets