Discover the differences between non-recourse and recourse debt, their definitions, examples, and implications for borrowers ...

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 ...

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 ...

The Federal Reserve's most recent Financial Stability Report addressed what many industry watchers had been convinced of for some time: the commercial real estate sector is in a precarious state. The ...

In the world of multifamily financing, a non-recourse loan is considered to be the gold standard for acquisition financing because they are considered to be less risky for the borrower. Typically, ...

In a case of first impression in New Jersey, the Superior Court of New Jersey recently held that the obligor under a guaranty of non-recourse carveout obligations would be strictly held to its promise ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Arizona Attorney General Mark Brnovich released opinion No. 22-(R22-011), concluding earned wage access (EWA) products that are fully non-recourse and no-interest are not “consumer lender loans” under ...

The landscape for non-recourse construction lending has hardened in 2026, with Ares Management and other major lenders raising spreads and tightening covenants amid capital selectivity and cost ...

One of the big selling points of CMBS loans—their non-recourse structure—may come back to haunt investors in the COVID-19 recession. A growing number of borrowers are throwing in the towels and ...

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 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...