weighted-average loan age
- weighted-average loan age
weighted-average loan age ( WALA)
The average number of months since the date of origination for each mortgage in a mortgage pass-through issued by Freddie Mac. The average is weighted by the size of the loans in the pool. American Banker Glossary
Financial and business terms.
2012.
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Weighted Average Loan Age - WALA — A dollar weighted average measuring the age of the individual loans in a mortgage pass through or pooled security, such as Ginnie Mae or a Freddie Mac security. The WALA is measured as the time in months since the origination of the loans, with… … Investment dictionary
WALA — weighted average loan age (WALA) The average number of months since the date of origination for each mortgage in a mortgage pass through issued by Freddie Mac. The average is weighted by the size of the loans in the pool. American Banker Glossary … Financial and business terms
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