Add Yahoo as a preferred source to see more of our stories on Google. MIDLAND, Texas (KMID/KPEJ) – The Midland Independent School District said it has finalized the defeasance of a significant portion ...

New Jersey has retired almost $500 million of outstanding debt for about $160 million in savings, joining other issuers in using defeasance as a cost-saving tool and to improve their credit.

The state of Wisconsin is embarking on a flurry of debt-related activity as the year begins, with a cash defeasance and three refunding deals that may include tenders on the table in the first quarter ...

Wisconsin schools use "defeasance" to make it look like referendums do not raise taxes. Wisconsin school districts are using a financial tool called "defeasance" — increasing spending to prepay debt ...

The School District of Milton will save more than $1.5 million by paying down debt, per an action taken by the school board ...

MIDLAND This week, Midland ISD finalized the defeasance, which eliminated all outstanding debt obligations prior to series 2024 and allowed the district to start paying back a portion of the new debt.

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 ...

The New Jersey Department of Treasury announced Jan. 18 it paid off nearly $500 million in outstanding debt – saving taxpayers some $160 million. Using the Debt Defeasance and Prevention Fund – to ...

Some commentors have argued that defeasance violates “uncompensated taking” constitutional protections. While mortgage defeasance legislation would likely invite legal challenges, I will explain why ...

For the past several years, the U.S. housing market has faced an unusual constraint: not a lack of buyers, but a lack of sellers willing — or able — to move. Millions of homeowners remain “rate-locked ...