Defeased securities are debt instruments backed by cash or low-risk assets, neutralizing their impact on the issuer's balance ...

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.

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 ...