Going After Borrowers Gets Personal: Lenders Suing for More Than $400 Million in Loan Guarantees
November 2, 2009 – Media Mention
The Real Deal
Borrowers who personally guarantee their real estate loans are off the hook if the lender takes the property back at the loan's face value at a foreclosure auction, Scott Tross says in The Real Deal about how lenders are going after borrowers' personal assets.