Expert Answers » Mortgage Backed Securities
Mortgage Backed Securities Glossary Definition (English)
Weighted average loan age (WALA) Defined
The following is in context to Mortgage Backed Securities, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"The average number of months since the date of note origination of the mortgages in a PC pool, weighted by remaining principal balance."
Additional Languages
Additional Weighted average loan age (WALA) Definition Starting Points
The following links are listed in alphabetical order. Please note we cannot guarantee Weighted average loan age (WALA) definitions are contextually accurate to Mortgage Backed Securities at third party websites.
Expert Dictionary: Weighted average loan age (WALA)
Dictionary: Weighted average loan age (WALA)
