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Recourse?

Posted on: 08th Mar, 2009 08:13 am
I heard this mentioned on T.V.

Our mortgage is with Countrywide, I reside in Hawaii. Does anyone know if CW is recourse or non recourse?

Thanks
Hi lindylou,

As far as I know they offer both recourse and non-recourse loan, But mostly non-recourse loans. I think you need to get the loan papers verified by an attorney as they can tell you the type of the loan you have taken from countrywide.
Posted on: 09th Mar, 2009 01:53 am
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