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No it isn’t. It’s just doing business see https://www.nolo.com/legal-encyclopedia/whats-the-difference-between-recourse-nonrecourse-loan.html https://www.nolo.c
by rayhendricks 6y ago
No it isn’t. It’s just doing business see https://www.nolo.com/legal-encyclopedia/whats-the-difference-between-recourse-nonrecourse-loan.html https://www.nolo.com/legal-encyclopedia/whats-the-difference... you can walk away from a mortgage and lenders are not allowed to go after personal assets.