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 ...
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 ...
Recourse – The borrower (or guarantor) is personally liable for the full amount of the loan, including any debt remaining after the collateral is foreclosed upon and sold. To satisfy the remaining ...
HONG KONG, Feb 4 (Reuters) - State-owned China National Chemical Corp (ChemChina) plans to borrow about $30 billion in recourse loans to help fund its $43 billion bid for Swiss seeds and pesticides ...
HONG KONG (Reuters) - State-owned China National Chemical Corp (ChemChina) plans to borrow about $30 billion in recourse loans to help fund its $43 billion bid for Swiss seeds and pesticides group ...
Americans have a lot of debt. According to a report from the Federal Reserve Bank of New York, total household debt as of the second quarter of 2025 amounts to $18.4 trillion, largely made up of ...