seasoned loan

Seasoned Loan

A loan that has been out for at least a year in which the borrower has a good payment history. This is considered a sign that the loan is unlikely to default. They may therefore command higher prices on the secondary market.

seasoned loan

A loan that has been paid on time for a sufficient amount of time to give a lender the reasonable belief that it will continue in a like manner.

References in periodicals archive ?
Additionally, based on the outstanding pool balance, the weighted average coupon and debt service constant for this highly seasoned loan pool, is 9.
ResiLogic, the regression-based model used by Fitch, takes into account multiple risk factors which can broadly be placed into three categories in the following order of influence: seasoned loan risks, economic risks, and collateral risks.
First Chester County Corporation (OTCBB: FCEC) and its wholly owned subsidiary, First National Bank of Chester County, today announced that the American Home Bank (AHB) division of First National Bank of Chester County has expanded its mortgage banking activities to include seasoned loan transactions.
In addition to seasoned loan deliveries, MDMC also assists clients with deliveries of newly originated FHA and VA loans into GNMA I and II MBS pools on a monthly/flow basis.
is a privately held company that simplifies auto finance by offering GDNAuto, the first nationwide online loan portfolio marketplace where dealers who originate notes and financial institutions can sell their seasoned loan portfolios to a nationwide pool of competing financial institutions.
Additionally, our acquisition of Merchants Home Loan in Dallas has provided us with a group of seasoned loan officers who we believe will have a positive impact on our growth.
Seasoned Loan Officers Join Bank to Lead Expanded Commercial Lending Efforts
NEW YORK -- Fitch rates Credit Suisse Seasoned Loan Trust 2006-1 asset-backed certificates as follows:
Summit's growth has been fueled by expansion into the secondary mortgage markets and the recruitment of seasoned loan officers.
5 billion in CMBS loans and has facilitated hundreds of millions of dollars in seasoned loan sales.
Mavent's rules are maintained with commencement and expiration dates allowing seasoned loan reviews or enabling forward date testing of loans to understand a new law's impact on production.