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 ...

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 ...

In a recent Wall Street Journal Article, Alex Pollock and I proposed using financial defeasance to unlock the mortgage market. Existing home sales volume has been severely depressed since September ...

New legislation permitting conventional mortgage borrowers to use defeasance as a payoff option instead making a due-on-sale payoff must recognize and address several tax issues. Taxes are complicated ...

Wisconsin schools use "defeasance" to make it look like referendums do not raise taxes. Wisconsin school districts are using a financial tool called "defeasance" — increasing spending to prepay debt ...