Mr Joshi sees the answer to this divergence in terms of supply. Between 2002 and 2006 American builders constructed 12m new homes while only 7m new households were formed. American homeowners are also much more likely to walk away from their debts because many mortgages are “non-recourse”, meaning that lenders cannot come after borrowers' other assets. As a result, repossessions are much higher in America than in Britain: Capital Economics says that some 5m foreclosed homes will come onto the market over the next two years.
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non-recourse debt 无追索权债项 ; 无追索权债务
non-recourse 追索权 ; 无追索权
non-recourse loan [金融] 无追索权贷款
non-recourse factoring 无追索权保理
non-recourse financing [金融] 无追索权贷款
non-recourse sale of lease receivable 对租赁应收款的无追索出售 ; 租赁应收款无追索出售
non-recourse mortgage loans 无追索权抵押贷款
non-recourse production payments loan 无追索权生产支付贷款
non-recourse loans 无追索权贷款
And then risk in the system is illustrated from nonrecourse system.
然后从无追索权制度本身出发分析了制度本身存在的风险。
参考来源 - 无追索权国际保理法律问题研究And then risk in the system is illustrated from nonrecourse system.
然后从无追索权制度本身出发分析了制度本身存在的风险。
参考来源 - 无追索权国际保理法律问题研究·2,447,543篇论文数据，部分数据来源于NoteExpress
An alternative, quietly touted by some North American officials, is to tempt investors into buying bonds by giving them access to non-recourse loans from the ECB.
一些北美官员不动声色地兜售另一种解决方案，那就是通过向投资者提供无追索权贷款，促使其购买债券。
The big deal about non-recourse loans is that you are not personally liable. The bank uses your company's cash flow as collateral.
大宗的无追索权营运贷款并非你的个人债务，银行会拿你公司的现金流作抵押。
Non-Recourse Working Capital Bank loans.
无追索权的营运资本贷款。
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