Home equity – the difference between the value of a home and the amount of mortgage debt on the home – is an important component of overall household wealth. Changes in the amount of home-equity wealth will be primarily affected by growth in home values and pay down of mortgage loan balances.

Ernestina Edith Gutierrez and Carlos Gutierrez. Melissda Dell Barnes and James Leonard Stantz. BAC Home Loans Servicing vs. Saleem Habash, et al. for $121,970, etc., claimed due on a mortgage. CB.

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