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Although real estate laws vary on a state-by-state basis, some mortgage loans allow the lender to hold the borrower personally liable in the event of

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Although real estate laws vary on a state-by-state basis, some mortgage loans allow the lender to hold the borrower personally liable in the event of a default. Such mortgages are frequently referred to as: deficiency judgement loans. nonconforming loans O conforming loans. o recourse loans. nonrecourse loans

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