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A pledged asset mortgage is a type of loan where the borrower uses their investments or assets as collateral instead of a down payment. This differs from a traditional mortgage where a down payment is typically required in cash.

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5mo ago

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What is a pledge asset?

An asset that a borrower transfers to the possession of a lender as collateral for a loan. The borrower maintains ownership and all associated rights of the pledged asset. When the loan is repaid, the lender transfers possession back to the borrower. The pledged asset reduces the risk to the lender that the borrower will default, therefore possibly qualifying the borrower for some benefit, such as a lower interest rate. When buying a house, some mortgage borrowers will pledge an asset, such as stock, to the lend


Is mortgage payable an asset?

A mortgage is an asset to the mortgagee (lender).


When was Anworth Mortgage Asset Corporation created?

Anworth Mortgage Asset Corporation was created in 1998.


Is my house considered an asset even if I have a mortgage on it?

Yes, your house is considered an asset even if you have a mortgage on it. The value of the house minus the amount owed on the mortgage is the equity you have in the property, which is an asset.


How does equity differ from an asset?

Equity is something gained from an asset such as shareholders, interest earned, or mortgage's. there are many ways to earn equity. one popular way is interest earned from a savings account.


What is the symbol for Anworth Mortgage Asset Corporation in the NYSE?

The symbol for Anworth Mortgage Asset Corporation in the NYSE is: ANH.


Is a house with a mortgage considered an asset?

Yes, a house with a mortgage is considered an asset because it has value and can be sold for a profit.


What is the symbol for Western Asset Mortgage Capital Corporation in the NYSE?

The symbol for Western Asset Mortgage Capital Corporation in the NYSE is: WMC.


In what year did Western Asset Mortgage Capital Corporation - WMC - have its IPO?

Western Asset Mortgage Capital Corporation (WMC)had its IPO in 2012.


What is the market cap for Anworth Mortgage Asset Corporation ANH?

As of July 2014, the market cap for Anworth Mortgage Asset Corporation (ANH) is $665,258,682.40.


What are zero strike options and how do they differ from traditional options?

Zero strike options are a type of financial derivative that allows the holder to purchase an underlying asset at a predetermined price of zero. This means that the holder can acquire the asset without having to pay anything upfront. In contrast, traditional options have a strike price that must be paid to acquire the asset.


What is the market cap for Western Asset Mortgage Capital Corporation WMC?

As of July 2014, the market cap for Western Asset Mortgage Capital Corporation (WMC) is $573,628,921.25.