Definitions for "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.
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.
Is the measurement of the gross coupons underlying a Mortgage Backed Security and weighted by outstanding balance of each mortgage.