11. All the mortgage debt on properties in both companies will remain, Portman said. 12. Should we reduce the mortgage debt with funds from the above? 13. If the law expires, forgiven mortgage debt will be taxable. 14. Macerich paid $ 87.1 million cash and assumed $ 38 million of mortgage debt . 15. Policies that help reduce mortgage debt or household leverage could therefore have stimulative effects. 16. Some of this mortgage debt is a result of home purchases, but not all. 17. The purchase price will include cash, seller financing and the assumption of mortgage debt . 18. Credit card debt is viewed differently from mortgage debt . 19. Banks also earned revenue by securitizing debt, particularly mortgage debt prior to the financial crisis. 20. Macerich paid $ 87 . 1 million cash and assumed $ 38 million of mortgage debt .
