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Defeasance in the context of mortgages refers to: A process where borrowers substitute qualifying securities, typically government treasuries, as replacement collateral to repay a CMBS
Defeasance in the context of mortgages refers to:\ A process where borrowers substitute qualifying securities, typically government treasuries, as replacement collateral to repay a CMBS loan.\ A negotiation tactic between lenders and borrowers to lower interest rates.\ The early repayment of a CMBS loan through cash.\ A process where borrowers use properties as collateral to secure a new CMBS Ioan.
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