Weighted Average Maturity. For an MBS, this is the weighted average of the remaining terms to maturity of the mortgages underlying the collateral pool at the date issue, using as the weighting factor the balance of each of the mortgages as of the issue date.
Weighted Average Maturity. The weighted average number of months to the final payment of each loan backing a mortgage security weighted by the size of the principal loan balances. Also known as weighted average remaining maturity (WARM) and weighted average remaining term (WART).
The weighted average of the remaining terms to maturity (expressed in months) of the mortgage loans underlying the MBS or the weighted average of the remaining terms to maturity of the individual MBS pools backing the CMO.
See Weighted Average Maturity.
The weighted-average maturity of the underlying mortgage loans in a mortgage pool. For CMOs, it refers to the WAM of the underlying collateral.
Weight Average Maturity. The weighted average of the remaining terms to maturity of the mortgages in a mortgage pool as the issue date.
Weighted average maturity. An arithmetic mean of the remaining term to maturity of the underlying mortgage loans that collateralize a security.
The weighted average of remaining terms to maturity of a mortgage, with the weighted factor being the balance of each mortgage as of its issue date.
Weighted Average Maturity. The average remaining term to maturity of the underlying mortgage loans that collateralize a security, weighted by remaining principal balance.
Weighted Average Maturity. The average remaining term to maturity of the underlying mortgages that collateralize a security. May be expressed in terms of weighted average maturity year.