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, ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. "Without recourse" is a term used in financial agreements to indicate that one party cannot ...
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