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 ...

Some commentors have argued that defeasance violates “uncompensated taking” constitutional protections. While mortgage defeasance legislation would likely invite legal challenges, I will explain why ...

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 ...