Advertising

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.

 
 

Follow this link for all the terms related to average.

 
 Embedded terms in definition
 Average maturity
Average
Collateral
Factor
Issue
Maturity
Mbs
Mean
Pool
Underlying
Wam
Weighted average
Weighting
 
 Related Terms
 

<< Weighted average life Weighted average portfolio yield >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Our lives improve only when we take chances -- and the first and most difficult risk we can take is to be honest with ourselves. - Walter Anderson

Advertising



Copyright 2009-2018 GVC. All rights reserved.