by LRA Real Estate Group | Apr 30, 2011
By NATHAN BECKER APRIL 28, 2011 Wall Street Journal Mortgage rates declined in the latest week, with the average rate on 30-year fixed-rate mortgages edging lower, according to Freddie Mac’s weekly survey of mortgage rates. “Mortgage rates followed...
by LRA Real Estate Group | Feb 3, 2011
From Wikipedia, the free encyclopedia Nonrecourse debt or a nonrecourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer...