WAC. Weighted Average Coupon — The average coupon rate of the mortgage loans underlying the listed Agency Security, weighted by the remaining principal balance of such mortgage loans.
Appears in 3 contracts
Sources: Agency Securities Purchase Agreement (GNMAG Asset Backed Securitizations, LLC), Agency Securities Purchase Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC), Agency Securities Purchase Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)