Ally Bank 2012 Annual Report Download - page 148

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146
The following summarizes all pretax gains and losses recognized on financial assets sold into nonconsolidated securitization and similar
asset-backed financing entities.
Year ended December 31, ($ in millions)2012 2011 2010
Consumer automobile $ 6 $ — $ —
Consumer mortgage — GSEs 942 818 1,065
Consumer mortgage — private-label — 17
Total pretax gain $ 948 $ 818 $ 1,082
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 2012, 2011, and 2010. Additionally, this 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 Consumer
mortgage GSEs Consumer mortgage
private-label
2012
Cash proceeds from transfers completed during the period $ 1,979 $ 32,796 $ 5
Cash flows received on retained interests in securitization entities — 71
Servicing fees 12 693 63
Purchases of previously transferred financial assets (876) (12)
Representations and warranties obligations (108) (7)
Other cash flows (96) 255
2011
Cash proceeds from transfers completed during the period $ $ 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)
Representations and warranties obligations (143) (38)
Other cash flows (13) 187
2010
Cash proceeds from transfers completed during the period $ $ 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)
Representations and warranties obligations (389) (18)
Other cash flows (6) (39) (22)
Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K