4 ms·

A bit more precise: non-recourse ('walk-away') mortgages are only the norm in 11 or 12 states in the US: https://en.wikipedia.org/wiki/Nonrecourse_debt#Footnote

by em500 6y ago

A bit more precise: non-recourse ('walk-away') mortgages are only the norm in 11 or 12 states in the US: https://en.wikipedia.org/wiki/Nonrecourse_debt#Footnotes https://en.wikipedia.org/wiki/Nonrecourse_debt#Footnotes footnote 3,4