Defeasance probably isn’t a word you hear used in everyday conversation. When you’re buying a home, though, it’s important to know what it means — it refers to terminating something, or rendering it ...

Yield maintenance and defeasance are two common methods used to compensate lenders for the loss of interest income on ...

A $32.9 million commercial mortgage-backed securities note on the Hampton Inn Manhattan-Chelsea at 108 West 24th Street was defeased and will pay off some of the deal’s investors, according to data ...