MORTGAGE BACKED SECURITIES
Once this date is established, it is never changed. However, this may not be the actual last payment that the bondholder receives. If this specific homeowner prepays their mortgage at any point during the life of the loan, then this date becomes irrelevant. A better measurement of the final maturity is known as Weighted Average Maturity ("WAM"). ................
................
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.