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 ...

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 ...

With recourse factoring, you're responsible for the debt if your customers don’t pay. With non-recourse factoring, the factoring company accepts the loss for nonpayment. Factoring is a way for ...

Generally, all income-producing properties, excluding unimproved land, are considered commercial real estate (CRE). The two financing options for CRE are recourse and nonrecourse loans. There are ...

National Bank of Canada ("National Bank" or the "Bank") today announced that it has entered into an agreement with a group of agents led by National Bank Financial Inc. for the issuance of $600 ...

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 ...

Redwood Trust recently issued RWTS, a 9.75% senior note maturing in 2031, now trading slightly below par. Find out more on ...

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 ...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that it has completed a partial redemption of outstanding 10% Senior Secured Notes. The Notes were redeemed utilizing ...