In CA, only the original mortgage used to buy your residence is non-recourse. If you refinance, the new mortgage is almost certainly recourse. There is also a

In CA, only the original mortgage used to buy your residence is non-recourse. If you refinance, the new mortgage is almost certainly recourse. There is also a similar process, non-judicial foreclosure[0], which is similar to non-recourse in some ways, but not for tax purposes (e.g. cancelation of debt income). [0]https://www.nolo.com/legal-encyclopedia/how-foreclosure-works-30066-2.html https://www.nolo.com/legal-encyclopedia/how-foreclosure-work...