Disagree else how do they record an asset when in reality all they have is a liability? What you say is conventional thinking and that is what they want the public to think but that is not what actually happens...
Banks cannot loan real money or assets they can only loan credit so they trick the borrowers in to thinking they are borrowing some money from somewhere and get the promissory note/credit and deposit it as an asset. Which in turn funds the loan and ads 9 times the assets to the bank. They stole the borrowers credit lied to them that they were getting a loan and had them re-convey the property to the bank as supposed collateral. You can't convey something you do not own.
The Promissory note paid for the property in full because there is no real money in the system its all credit. What did the supposed borrower/dupe get for their trouble of lending their credit to the bank? 20-30 years of debt slavery for nothing while the bank makes millions off their note.
End The Fat
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