NOTICE IS HEREBY GIVEN to the holders of the Bonds of the Authority set forth in the Schedule below (the “Defeased Bonds”) that there has been deposited with U.S. BANK TRUST COMPANY, NATIONAL ...

NOTICE IS HEREBY GIVEN that there have been deposited in trust with Manufacturers and Traders Trust Company, as trustee (the “Trustee”), proceeds from the Mayor and City Council of Baltimore (the ...

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 ...

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 ...

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 ...

In their Transactional Real Estate column, Peter E. Fisch and Mitchell L. Berg discuss a common feature of real estate finance—defeasance—which allows a borrower to effectively prepay a loan that is ...

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 ...