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S&P 500
5,110.19
(
1.22%
)
US TECH 100
17,249.60
(
1.60%
)
Dow Jones
38,296.33
(
0.55%
)
Brent Oil
88.23
(
0.09%
)
Bitcoin
64,003.96
(
-0.75%
)
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kex0414

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kex0414

Re: None

Thursday, 11/30/2017 11:28:29 AM

Thursday, November 30, 2017 11:28:29 AM

Post# of 1356
The issue with non-recourse loans is that if the deal goes south, the only recourse is repossession of the property. The debtor walks and the property is usually worth less than when the deal was made.

This may be part of the reason why the stock did not rise sharply.

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