Re:NY Fed rescues overnight lending market with $53B
by SilasX on Tuesday September 17, 2019 @09:39PM
(#21001751)
If it's a typical mortgage, the asset is normally counted toward your net worth.
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Re:NY Fed rescues overnight lending market with $53B
by ineedasername on Tuesday September 17, 2019 @10:44PM
(#21002018)
You're right, I'm wrong, it's a debt that counts against you, but also an asset that counts for you, cancelling each other out (assuming market value of the home == mortgage amount)