BB&T 2010 Annual Report Download - page 160
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The following is a summary of the notional or contractual amounts and fair values of BB&T’s off-balance
sheet financial instruments as of the periods indicated:
December 31,
2010 2009
Notional/
Contract
Amount Fair
Value
Notional/
Contract
Amount Fair
Value
(Dollars in millions)
Contractual commitments:
Commitments to extend, originate or purchase credit $36,917 $ 65 $36,130 $ 48
Residential mortgage loans sold with recourse 1,624 6 1,986 6
Other loans sold with recourse 4,352 19 3,989 12
Letters of credit and financial guarantees written 7,291 41 7,999 40
Commitments to fund affordable housing investments 334 316 371 357
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