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 ...

CHARLOTTE, N.C., Aug. 31, 2017 (GLOBE NEWSWIRE) -- Waterstone Defeasance recently closed a defeasance transaction for a $26.3 million CMBS loan, secured by a multifamily property in Morgantown, WV.

Defeasance among loans in U.S. commercial mortgage-backed securities surged in 2010 to 2.8 billion, up from $1.3 billion the preceding year, according to Moody’s Investors Service. “Defeasance remains ...

EAU CLAIRE — The Eau Claire Area School District approved a defeasance of their loan from the 2022 capital referendum, which will save the district $402,042 in interest payments. “From time to time, ...