Learn how recourse and non-recourse loans differ, their benefits and risks, and impact on your financial choices.
The coming banking crisis, and suggestions of an incoming bust in commercial real estate, has given rise to some questions about recourse versus non-recourse debt and what impact the differences in ...
A “debt” arises by virtue of the receipt of money or acquisition of property by an individual who has a corresponding obligation to repay the creditor/lender in money or money’s worth. The terms ...
Robert Fulghum wrote a popular book, “All I Really Need to Know I Learned in Kindergarten.” There is much merit in his book. We now know that cold milk is not good for everyone, but the basics of the ...
A non-recourse loan is a type of debt that’s secured by collateral, such as an individual’s car, house or another typically illiquid asset. By securing a non-recourse loan, the lender won’t have the ...
The real estate industry is currently facing unprecedented challenges as the period of reduced interest rates and low inflation has come to an end and economic uncertainty continues to prevail. Most ...
Americans have a lot of debt. According to a report from the Federal Reserve Bank of New York, total household debt as of the second quarter of 2025 amounts to $18.4 trillion, largely made up of ...
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