Question: What is the distinction between recourse based and non-recourse based lending? What role did non-recourse lending play in the Subprime Mortgage crisis?

What is the distinction between recourse based and non-recourse based lending? What role did non-recourse lending play in the Subprime Mortgage crisis?

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What is the distinction between recourse-based and non-recourse based lending? What role did non-recourse lending play in the Subprime Mortgage Crisis?

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