Millions of American homes that were purchased with subprime mortgages have been foreclosed in recent years, forcing their owners, unable to service their debt, to leave. But, as a result of no-recourse mortgages in many US states, the entire mortgage debt was then extinguished, even if the value of the home was too low to cover the balance still due.
近几年来，数百万通过次级按揭购买的美国住房被收回了赎回权，强迫无法维持债务的屋主离开。但是，由于美国许多州都实行了无追索权按揭，总体按揭债务也因此被消灭了，即使房屋的价值已经跌落至无法覆盖剩余按揭的水平。