Weighted Average LTV definition

Weighted Average LTV means, as of any date of determination with respect to all Eligible Loans other than Warehouse Loans, the percentage (rounded to the nearest one tenth (1/10th) of one percent (1%)) obtained by summing the products obtained by multiplying: the LTV at such time applicable to such Eligible Loan X the Outstanding Loan Balance of such Eligible Loan and dividing such sum by the Aggregate Outstanding Loan Balance at such time.
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Weighted Average LTV means, as of any date of determination, the sum for each Purchased Loan of (i) the product of (A) the LTV of such Purchased Loan multiplied by (B) the Principal Balance of such Purchased Loan divided by (ii) the aggregate Principal Balance for all Purchased Loans.
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Weighted Average LTV means, as of any date of determination with respect to all Eligible Loans, the percentage (rounded to the nearest one tenth (1/10th) of one percent (1%)) obtained by summing the products obtained by multiplying:
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Examples of Weighted Average LTV in a sentence

  • No Seller shall permit (i) the weighted average Purchase Rate of all Mortgage Assets to exceed 85.0% or (ii) the Weighted Average LTV of all Mortgage Assets to exceed 80.0%.

  • Weighted Average LTV excludes risk rated-5 loans and one fully funded corporate loan to a multifamily operator with an outstanding principal amount of $40.4 million.

  • LIENLIEN Number of Mortgage Loans Remaining Principal Balance % of Remaining Principal Balance Average Principal Balance WA Gross CPN Weighted Average LTV Weighted Average FICO First Lien 3,931 $842655513.4600 100.00% $214361.62 7.358% 79.00% 619 Total: 3,931 $842655513.4600 100.00% $214361.62 7.358% 79.00% 619 Top7.

  • Original TermOriginal Term Number of Mortgage Loans Remaining Principal Balance % of Remaining Principal Balance Average Principal Balance WA Gross CPN Weighted Average LTV Weighted Average FICO 0 - 180 169 13,141,971.75 5.76 77,763.15 8.141 72.56 627 181 - 240 183 8,896,427.45 3.90 48,614.36 10.635 92.16 644 241 - 300 5 1,086,448.27 0.48 217,289.65 6.525 74.60 662 301 - 360 2,126 204,964,404.80 89.86 96,408.47 8.157 81.70 639 Total: 2,483 228,089,252.27 100.00 91,860.35 8.245 81.54 638 Top5.

  • For the Three Months Ended 9/30/06 Weighted Average Coupon Weighted Average LTV Weighted Average FICO Percent of Total Summary by Credit Grade Summary by Program Type Note: The origination data on this report includes loans secured by second mortgages.

  • Remaining TermRemaining Term Number of Mortgage Loans Remaining Principal Balance % of Remaining Principal Balance Average Principal Balance WA Gross CPN Weighted Average LTV Weighted Average FICO 301 - 360 5,020 873,732,197.61 100.00 174,050.24 7.701 79.62 610 Total: 5,020 873,732,197.61 100.00 174,050.24 7.701 79.62 610 Top6.

  • LIENLIEN Number of Mortgage Loans Remaining Principal Balance % of Remaining Principal Balance Average Principal Balance WA Gross CPN Weighted Average LTV Weighted Average FICO First Lien 3,093 $672638557.7300 100.00% $217471.24 7.490% 79.76% 609 Total: 3,093 $672638557.7300 100.00% $217471.24 7.490% 79.76% 609 Top7.

  • INITIAL RATE ADJUSTMENT CAP (ARMs ONLY) INITIAL RATE ADJUSTMENT CAP (ARMs ONLY) Number Of Loans Aggregate Remaining Principal Balance % Loans by Remaining Principal Balance Weighted Average FICO Weighted Average LTV Weighted Average Coupon % of Owner Occupied By Balance 3.000 142 $28,610,351.75 100.00% 634 100.00% 8.941% 98.86% Total: 142 $28,610,351.75 100.00% 634 100.00% 8.941% 98.86% Min Initial Cap: 3.000% Max Initial Cap: 3.000% WA Initial Cap: 3.000% Top 18.

  • LIENLIEN Number of Mortgage Loans Remaining Principal Balance % of Remaining Principal Balance Average Principal Balance WA Gross CPN Weighted Average LTV Weighted Average FICO First Lien 1,160 172,111,393.52 75.46 148,371.89 7.467 75.64 638 Second Lien 1,323 55,977,858.75 24.54 42,311.31 10.636 99.71 639 Total: 2,483 228,089,252.27 100.00 91,860.35 8.245 81.54 638 Top7.

  • LTV is not available for some accounts and those accounts are not included in the Weighted Average LTV calculation.


More Definitions of Weighted Average LTV

Weighted Average LTV means, at any time with respect to a group of Purchased Mortgage Loans, the weighted average of all of the LTVs for such Purchased Mortgage Loans, weighted on the basis of the current Outstanding Principal Balance of such Purchased Mortgage Loans.
Sample 1
Weighted Average LTV. With respect to all Mortgage Assets at any time, the sum of the products of the outstanding principal balances of such Mortgage Assets and (1) for any Mortgage Asset which is a Whole Loan (including any Transitional Asset), or a pari passu interest in a Whole Loan (including any Transitional Asset), the product of the Purchase Rate for such Mortgage Asset and the LTV of such Mortgage Asset and (2) for any Mortgage Asset which is not a Whole Loan, or a pari passu interest in a Whole Loan, the sum of the LTV of any debt senior to such Mortgage Asset and the product of (x) the Purchase Rate for such Mortgage Asset and (y) the LTV of such Mortgage Asset minus the First Dollar LTV for such Mortgage Asset, divided by the total outstanding principal balances of all Mortgage Assets.
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Weighted Average LTV means, as of any date of determination with respect to all Eligible Loans, the percentage (rounded to the nearest one tenth (1/10th) of one percent (1%)) obtained by summing the products obtained by multiplying: the LTV at such time applicable to such Eligible Loan X the Outstanding Loan Balance of such Eligible Loan and dividing such sum by: the Aggregate Outstanding Loan Balance at such time. “Weighted Average Proprietary Risk Rating” means, as of any date of determination with respect to all Eligible Loans, the number (rounded to the nearest one-tenth (1/10th) of one percent (1%)) obtained by summing the products obtained by multiplying: the Proprietary Risk Rating at such time of such Eligible Loan X the Outstanding Loan Balance of such Eligible Loan and dividing such sum by: the Aggregate Outstanding Loan Balance at such time. “Weighted Average Remaining Maturity” means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number (rounded to the nearest one-tenth (1/10th)) equal to (i) the sum of the products for each such Eligible Loan of (A) the remaining term to maturity (in years, rounded to the nearest month and based upon the initial maturity date of such Eligible Loan) of such Eligible Loan times (B) the Outstanding Loan Balance of such Eligible Loan, divided by (ii) Aggregate Outstanding Loan Balance at such time. “Weighted Average Remaining Interest Only Period” means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number equal to (i) the sum of the products for each such Eligible Loan of (A) the remaining interest only period of such Eligible Loan times (B) the Outstanding Loan Balance of such Eligible Loan, divided by (ii) Aggregate Outstanding Loan Balance at such time. “Weighted Average Spread” means, as of any date of determination, an amount (rounded to the nearest one-tenth (1/10th) of one percent (1%)) equal to (i) the sum of the products for each such Eligible Loan of (A) the Spread, on an annualized basis, applicable to such Eligible Loan times (B) the Outstanding Loan Balance of such Eligible Loan, divided by (ii) the Aggregate Outstanding Loan Balance at such time. “Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Mem...
Sample 1
Weighted Average LTV. As of any date of determination, the sum for each Underlying Loan of (i) the product of (A) the LTV of such Underlying Loan multiplied by (B) the Principal Balance of such Underlying Loan divided by (ii) the Aggregate Principal Balance for all Underlying Loans.
Sample 1
Weighted Average LTV. At any time, an amount equal to:
Sample 1

Related to Weighted Average LTV

  • Weighted Average means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;

  • Weighted Average Spread means, with respect to Floating Rate Obligations (in each case excluding Defaulted Loans), as of any date, the number obtained by:

  • 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.

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • 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 6.0 years.

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Loan (excluding Defaulted Loans) on an annualized basis, the Spread of such Loans (including commitment, letter of credit and all other fees), by the Outstanding Loan Balance of such Loans as of such date and dividing such sum by the aggregate Outstanding Loan Balance of all such Floating Rate Loans and rounding the result up to the nearest 0.01%; provided that the Spread of any Revolver Loan which is not fully funded shall be the sum of:

  • 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.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such date is equal to or greater than 5.00%.

  • Weighted Average Life to Maturity means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness.

  • 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.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 6.00%.

  • Remaining Average Life means, with respect to any Called Principal, the number of years (calculated to the nearest one-twelfth year) obtained by dividing (i) such Called Principal into (ii) the sum of the products obtained by multiplying (a) the principal component of each Remaining Scheduled Payment with respect to such Called Principal by (b) the number of years (calculated to the nearest one-twelfth year) that will elapse between the Settlement Date with respect to such Called Principal and the scheduled due date of such Remaining Scheduled Payment.