Resources
White papers, case studies, and hedging strategy guides for commercial real estate borrowers navigating interest rate risk, defeasance, and prepayments.
Freddie Defeasance vs Yield Maintenance
Want to reduce your future prepayment penalty? Read this.
Negative Defeasance - Use it or Lose it
Waiting until the loan is in the Open Period to prepay might mean losing out on the benefit of a negative defeasance penalty.
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.
Mitigating Prepayment Penalties
In most cases, the moment a fixed rate loan is closed there’s a considerable prepayment penalty.
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.