What is the meaning of weighted-average loan age (WALA)?

weighted-average loan age (WALA) is the average number of months since the date of origination for each mortgage in a mortgage pass-through issued by Freddie Mac. The average is weighted by the size of the loans in the pool.

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APABarry Goldsmith. (2010). weighted-average loan age (wala). Retrieved September 27, 2026, from http://smartdefine.org/weighted-average_loan_age_(wala)/definitions/1166457
ChicagoBarry Goldsmith. 2010. "weighted-average loan age (wala)" http://smartdefine.org/weighted-average_loan_age_(wala)/definitions/1166457 (accessed September 27, 2026).
HarvardBarry Goldsmith 2010, weighted-average loan age (wala), Smart Define, viewed 27 September, 2026, <http://smartdefine.org/weighted-average_loan_age_(wala)/definitions/1166457>.
MLABarry Goldsmith. "weighted-average loan age (wala)" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/weighted-average_loan_age_(wala)/definitions/1166457>