Americans have a lot of debt. According to a report from the Federal Reserve Bank of New York, total household debt as of the second quarter of 2025 amounts to $18.4 trillion, largely made up of ...
A “debt” arises by virtue of the receipt of money or acquisition of property by an individual who has a corresponding obligation to repay the creditor/lender in money or money’s worth. The terms ...
This is the third installment of The Carveout, a Frost Brown Todd blog geared toward sophisticated capital market participants, with particular emphasis on what are often the most critical terms of ...
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced that it had closed on a $78.0 million non-recourse loan secured by Cross Creek Mall in Fayetteville, NC. The new ...
Q: We took out a reverse mortgage in 2011 and thought I understood how it worked. However, having reviewed the documents, I cannot find where it discusses the non-recourse clause I heard about. As I ...
March 12, 2024 - Rising interest rates over the past two years have led to many challenges in the commercial real estate finance market. Although the Federal Reserve has signaled that rate cuts are ...