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Weighted average coupon
Weighted average coupon The weighted average of the gross interest rates of the mortgages underlying a pool as of the issue date, with the balance of each mortgage used as the weighting factor.
RELATED TERMS--------------------------------------
Interest
Money paid to a lender as compensation for money that is borrowed.
Balance
The appraisal principle that states that the greatest value in a property will occur when the type and size of the improvements are proportional to each other as well as the land.
Mortgage
A legal document pledging property as security for the payment of a loan.
SIMILAR TERMS--------------------------------------
Weighted average equity
The denominator of the fraction used to calculate investment-level income, appreciation and total returns on a quarterly basis, consisting of net assets at the beginning of the period adjusted for weighted contributions and distributions.
Weighted average rental rates
The average proportion of unequal rental rates in two or more buildings within a market.
Weighted average technique
When reconciling appraisal approaches, the application of a weight to each approach for averaging.
PREVIOUS AND NEXT TERMS--------------------------------------
Water table
The natural level at which water is located in a particular area, be it above or below the surface of the earth.
Water well
An excavation where the intended use is for location, acquisition, development, or artificial recharge of ground water.
Weekend bookings
Usually applies to holiday houses and means arriving after 12 noon of Friday and leaving at 3.30 PM on Sunday.
Weekly activity report
A weekly written report given to an owner by a listing broker reviewing the sales activities conducted by the broker to sell the listed property.
Weekly bookings
This means 7 days of occupancy and starts from 2.00 PM on arrival day and ends at 9.30 on departure day. It equates to 7 nights accommodation
Weighted average coupon
Weighted average equity
The denominator of the fraction used to calculate investment-level income, appreciation and total returns on a quarterly basis, consisting of net assets at the beginning of the period adjusted for weighted contributions and distributions.
Weighted average rental rates
The average proportion of unequal rental rates in two or more buildings within a market.
Weighted average technique
When reconciling appraisal approaches, the application of a weight to each approach for averaging.
Wetlands
Areas that are inundated or saturated by surface or ground water at a frequency and duration sufficient to support vegetation typically adapted for life in saturated soils.
Wholesale agreements
An agreement of a loan originator to work exclusively with a single lender.
This dictionary contains 6433 terms. |
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