Definitions for "Weighted average maturity"
The weighted average of the remaining terms to maturity of the mortgages in a mortgage pool as the issue date.
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).
Weighted Average Maturity is the mean measurement of the maturity of the underlying collateral weighted by each outstanding balance.