Janell Otis fixed-rate, conduit/commercial mortgage-backed securities, HUD Defeasance is the preferred form of call protection for fixed-rate conduit/commercial mortgage-backed securities (CMBS) loans ...

Every borrower looking to refinance an existing commercial real estate loan or sell a property encumbered by one needs to consider how to release its existing financing. Commercial loan documents ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Yield maintenance and defeasance are two common methods used to compensate lenders for the loss of interest income on commercial loans. Both terms refer to prepayment penalties designed to preserve ...

A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can ...

Defeasance is now a common feature of real estate finance, allowing a borrower to effectively prepay a loan that is not by its terms prepayable. A defeasance is a substitution of a loan's real estate ...

Some consider "defeasance" a dirty word in the commercial mortgage world but it could be an excellent opportunity for borrowers to pay off their conduit loans early and take advantage of the current ...

CALABASAS HILLS, CA-ARCS Commercial Mortgage has entered into a strategic alliance with Commercial Defeasance LLC that will enable ARCS to provide in-house defeasance expertise for its customers.

The IRS recently published a December 9, 2014 Chief Counsel Advice Memorandum to the effect that the defeasance of taxable Build America Bonds (BABs) causes a tax reissuance of the bonds, with the ...