Ally Bank 2011 Annual Report Download - page 169

Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10−K
The following table summarizes cash flows received from and paid related to securitization entities, asset−backed financings, or other similar transfers
of financial assets where the transfer is accounted for as a sale and we have a continuing involvement with the transferred assets (e.g., servicing) that were
outstanding in 2011, 2010, and 2009. Cash flows presented below may not be comparable because 2009 includes cash flows related to securitization entities
that are now consolidated. Additionally, the table contains information regarding cash flows received from and paid to nonconsolidated securitization
entities that existed during each period.
Year ended December 31, ($ in millions) Consumer automobile Commercial automobile
Consumer
mortgage
GSEs
Consumer
mortgage
private−label
2011
Cash proceeds from transfers completed during the year $ — $ — $ 59,815 $ 722
Cash flows received on retained interests in securitization entities — — — 68
Servicing fees — — 999 201
Purchases of previously transferred financial assets — — (2,537) (222) (a)
Representations and warranties obligations — — (143) (38)
Other cash flows — — (13) 187
2010
Cash proceeds from transfers completed during the year $ — $ — $ 68,822 $ 1,090
Cash flows received on retained interests in securitization entities — — — 81
Servicing fees 1 — 1,081 209
Purchases of previously transferred financial assets — — (1,865) (282) (a)
Representations and warranties obligations — — (389) (18)
Other cash flows (6) — (39) (22)
2009
Cash proceeds from transfers completed during the year $ — $ — $ 56,251 $ 1,258
Cash flows received on retained interests in securitization entities 269 1,009 — 119
Cash proceeds from collections reinvested in revolving securitization entities — 5,998 — —
Servicing fees 111 39 643 272
Purchases of previously transferred financial assets — — (385) (1) (a)
Representations and warranties obligations — — (343) (64)
Other cash flows (64) — (177) (123)
(a) Includes repurchases in connection with clean up call options.
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