Weighted Average Credit Score definition

Weighted Average Credit Score. 627 Weighted Average Original LTV: 82.93% Weighted Average Original Combined LTV: 85.87% Non-zero Weighted Average Debt Ratio: 42.46 Weighted Average Stated Remaining Term: 352 Weighted Average Stated Original Term: 356 Weighted Average Months to Roll: 29 Weighted Average Margin: 5.538% Weighted Average Initial Rate Cap: 2.059% Weighted Average Periodic Rate Cap: 1.321% Weighted Average Maximum Rate: 14.884% Weighted Average Minimum Rate: 8.055% % Second Lien: 1.82% % Silent & Simultaneous Seconds: 15.43% % California Loans: 15.90% ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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Weighted Average Credit Score means, as of any date of determination, the weighted average (determined based on principal balance, inclusive of all unfunded holdbacks) FICO credit score of the pool of Underlying Customers as of such date of determination.
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Weighted Average Credit Score means, as of the last day of each Settlement Period, the weighted average, by Outstanding Balance, of the Credit Scores of all Purchased Receivables as of such last day.
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Examples of Weighted Average Credit Score in a sentence

  • In the Origination Characteristics section (II) the Weighted Average Credit Score graph has been updated using the new methodology.

  • As of the Statistical Cut-off Date, the Non-Zero Weighted Average Credit Score of the obligors of the receivables with an original payment term of 72 months is approximately 770.

  • Pool Type: The two-character value identifying the pool type of Platinum pool.5. Record Type: “W” for the Platinum Pool Various Record.6. Weighted Average Credit Score: Weighted Average Credit Score of each of the pools in the Platinum pool weighted by (the Pool RPB multiplied by the “percentage”).7.


More Definitions of Weighted Average Credit Score

Weighted Average Credit Score means, as of any date of determination with respect to all Collateral Loans which are Eligible Loans, the ratio (expressed as a number) obtained by summing the products obtained by multiplying: The Credit Score of the related Obligor as reported at the time such Collateral Loan was made x The Principal Balance of such Collateral Loan and dividing such sum by the Aggregate Principal Balance of all Collateral Loans which are Eligible Loans as of such date of determination.
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Weighted Average Credit Score means with respect to a type (i.e. Non-Prime or Prime Receivables, as applicable) of Eligible Receivables as of any day, the average of the original non-zero FICO® Scores (using, with respect to a Receivable that has co-obligors, the higher of the FICO® Scores of the co-obligors) of such Receivables as of such day, weighted according to the aggregate Principal Balance of such Eligible Receivables as of such day.
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Related to Weighted Average Credit Score

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Weighted Average Yield means with respect to any Loan, on any date of determination, the weighted average yield to maturity, in each case, based on the interest rate applicable to such Loan on such date and giving effect to all upfront or similar fees or original issue discount payable with respect to such Loan.

  • Maximum Weighted Average Life Test means a test that will be satisfied on any date of determination if the Weighted Average Life of all Eligible Collateral Obligations included in the Collateral is less than or equal to 5.50 years.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Weighted Average Life means, as of any date, with respect to any debt security, the quotient obtained by dividing (i) the sum of the products of the number of years from such date to the dates of each successive scheduled principal payment (including any sinking fund payment requirements) of such debt security multiplied by the amount of such principal payment, by (ii) the sum of all such principal payments.