For the past several years, the U.S. housing market has faced an unusual constraint: not a lack of buyers, but a lack of sellers willing — or able — to move. Millions of homeowners remain “rate-locked ...

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 ...

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 ...

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 ...

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 ...

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 ...

New Chapter: Charles B. Slocum at WGAW in L.A.’s Fairfax District. In this white-hot real estate market, a lot of commercial investors are looking to sell and take profits. Also, historically low ...

Defeasance provisions, which allow sponsors to swap out a loan with Treasuries that replicate the cash flows of the loan, have again become a popular option for CMBS borrowers looking to lock in rates ...

In our WSJ op ed, Alex Pollock and I suggested that the mortgage defeasance process might require direct government involvement to manage mortgage defeasance accounts by, for example, the U.S.

Bonds backing Electronic Arts Inc. stabilized after a precipitous plunge on Feb. 10, but the slump drew attention to a $750 million print of 2051 bonds that holders were expecting to offload at 101 ...