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The interest rate people. Expertise, strategy, market insight, and analytical tools exclusively for commercial real estate.

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In-depth analysis and educational resources covering interest rate hedging, defeasance, prepayment strategies, and market dynamics for commercial real estate borrowers.


Freddie Defeasance vs Yield Maintenance

Want to reduce your future prepayment penalty? Read this. 

Defeasance Fees

Defeasance is a process where the real estate securing a piece of debt is swapped out for a portfolio of securities and is governed by REMIC regulations.

Parties to a Defeasance and Their Roles

Defeasance is a process where the real estate securing a piece of debt is swapped out for a portfolio of securities and is governed by REMIC regulations.

What Is a REMIC and How Does It Play Into My Defeasance?

Defeasance is a process where the real estate securing a piece of debt is swapped out for a portfolio of securities and is governed by REMIC regulations.

The Pensford Defeasance Difference

Defeasance is a process where the real estate securing a piece of debt is swapped out for a portfolio of securities, typically US Treasury or Agencys.

The Defeasance Process – Required Items

Defeasance is a process where the real estate securing a piece of debt is swapped out for a portfolio of securities, typically US Treasury or Agencys.

Defeasance Kick Off – Delivering the Notice

Defeasance is a process where the real estate securing a piece of debt is swapped out for a portfolio of securities, typically US Treasury or Agencys.

Defeasance vs Yield Maintenance: Differences Explained

From a monetary standpoint, defeasance and yield maintenance (YM) feel similar, but they have some core differences. We've summarized them in three points.

Two Day Defeasance Closing Process

Two Day Defeasance Closing Process