Mortgage debt discounts and no deficiency obligations for California homeowners
Distinguish between recourse and nonrecourse mortgage debt to determine the remedies available to homeowners and lenders in the event a homeowner defaults.
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Tag: nonrecourse debt
California real estate and the PATH Act — what you need to know
The Protecting Americans from Tax Hikes Act is a multi-billion dollar piece of federal legislation with minor consequences for California real estate.
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If I convert my home to a rental, does my mortgage become a recourse loan?
A look at the triggers which convert nonrecourse to recourse debt.
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