The Role of Collateral in Non-Reco...by 101Understand the Basics of Non-Recourse Mortgages: A non-recourse mortgage is a loan that is secured by a property, but the borrower does not have any personal liability f...loanborrowingfinancing+6 more Recourseby 901This is a short story within my bigger story taking place during act 2.recoursenomadjanx+5 more