Weighted Average Coupon. The weighted average of the interest rates on the loans underlying a mortgage pool or asset-backed security, with the balance of each loan as the weighting factor.
Weighted Average Coupon. The weighted average of the gross interest rate of mortgages underlying a pool as of the pool issue date; the balance of each mortgage is used as the weighing factor.
Weighted Average Coupon. The weighted average interest rate of the underlying mortgage loans or pools that serve as collateral for a security, weighted by the size of the principal loan balances.
The weighted-average coupon of the collateral. The Gross WAC is the WAC of the loans underlying the MBSs. The Net WAC is the weighted-average pass-through rate of the MBSs serving as collateral.
The weighted average of the current note rate of the mortgages in a PC pool (updated monthly for Gold PCs; disclosed only at pool formation for ARM PCs).
See Weighted Average Coupon.
The weighted average of the interest rates on the mortgage loans underlying the MBS that back the REMIC or the weighted average of the WACs of the individual MBS pools backing the REMIC.
Weighted Average Coupon. The weighted average of the gross interest rates of the mortgages in a mortgage pool, as of the issue date, with the balance of each mortgage used as a weighting factor.
Weighted average coupon. An arithmetic mean of the coupon rate of the underlying mortgage loans or pools that serve as collateral for a security.
Weighted Average Coupon. The average coupon rate of the underlying mortgage loans or pools that serve as collateral for a security, weighted by remaining principal balance.
Weighted Average Coupon. The average gross coupon rate of the underlying mortgages that collateralize a security.