关于选项B的理解

问题如下：

Which of the following statements is correct concerning mortgage loan defaults?

选项：

A non-recourse jurisdiction poses higher default risks for lenders.

In a non-recourse jurisdiction, strategic default will not affect the defaulting borrower’s future access to credit.

When a recourse loan defaults, the mortgaged property is the lender’s sole source for recovery of the outstanding mortgage balance.

解释：

A is correct. In non-recourse loan jurisdictions, the borrower may have an incentive to default on an underwater mortgage and allow the lender to foreclose on the property because the lender has no claim against the borrower for the shortfall. For this reason, such defaults, known as strategic defaults, are more likely in non-recourse jurisdictions and less likely in recourse jurisdictions, where the lender does have a claim against the borrower for the shortfall.

B is incorrect because strategic defaults in non-recourse jurisdictions do have negative consequences for the defaulting borrowers in the form of a lower credit score and a reduced ability to borrow in the future. These negative consequences can be a deterrent in the incidence of underwater mortgage defaults.

C is incorrect because when a recourse loan defaults, the lender can look to both the property and the borrower to recover the outstanding mortgage balance. In a recourse loan, the lender has a claim against the borrower for the shortfall between the amount of the outstanding mortgage balance and the proceeds received from the sale of the property.

考点： mortgage loan defaults

解析：题目问的是住房抵押贷款违约，下列说法中正确的是那个。

A选项说无追索权，lender会面临更高的违约风险，这句话是对的。

B选项中的“战略性违约”指的是，如果抵押的房子其市场价值比欠银行的钱更低，那我就故意违约。这样的行为一定会影响到借款人今后的信用，因此B选项错误。

C选项说的是当有追索权的贷款违约时，抵押的住房是银行唯一收回贷款余额的来源，这描述的是无追索权的贷款，因此C选项也是错误的。