Advertising

Wam

• See Weighted Average Maturity.

 
 Embedded terms in definition
 Average maturity
Average
Maturity
Weighted average maturity
Weighted average
 
 Referenced Terms
 Pool: Is a term used in several ways. From a futures trading perspective, it refers to the amount or size of unfilled orders. This inability to fill orders can occur at a limit up or limit down-market condition. For mortgages or other loans, it refers to the individual collateral underlying the security. For securitized mortgages, it can refer information such as the issuer's name, year of origination, geographic distribution, WAC, Wam and the maturity date.

 Weighted average maturity: The Wam of a MBS is the weighted average of the remaining terms to maturity of the mortgages underlying the collateral pool at the date of issue, using as the weighting factor the balance of each of the mortgages as of the issue date.Weighted Average Maturity is the mean measurement of the maturity of the underlying collateral weighted by each outstanding balance.

<< Wallflower Wanted for cash >>

How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

No one ever achieved greatness by playing it safe. - Harry Gray

Advertising



Copyright ©2009-2018 GVC. All rights reserved.