Mortgage Pools

Weighted Average Coupon (WAC): Definition, Calculation, and Significance in Mortgage-Backed Securities (MBS)
Explore the Weighted Average Coupon (WAC), a key metric for assessing the rate of return on a pool of mortgages within mortgage-backed securities (MBS). Understand its definition, how to calculate it, and its importance in the financial industry.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.