defeasance

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The federal government appoints a financial agent—the Treasury or the Department of Housing and Urban Development—to manage mortgage defeasance accounts.

From The Wall Street Journal • Dec. 26, 2025

The defeasance account manager collects this market value at settlement, and invests the proceeds in the appropriate U.S.

From The Wall Street Journal • Dec. 26, 2025

The defeasance transaction involves no “uncompensated taking” and doesn’t generate a financial loss for a mortgage lender.

From The Wall Street Journal • Dec. 26, 2025

The defeasance manager provides the seller or settlement agent with a fair-market valuation of the remaining payments on a home’s outstanding mortgage, determined using the current market prices of a portfolio of Treasury securities.

From The Wall Street Journal • Dec. 26, 2025

Neither of these writers gives us a full copy of the defeasance.

From The History of England from the First Invasion by the Romans to the Accession of King George the Fifth Volume 8 by Belloc, Hilaire