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 ?
Freddie Mac today announced its second Freddie Mac Seasoned Loan Structured Transaction (SLST) -- via an auction of 1,262 seasoned re-performing loans (RPL) and moderately delinquent loans serviced by Select Portfolio Servicing, Inc.
United States : Freddie Mac Completes Second RPL Structured Sale of SLST Program
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.
Fitch Rates BCAP LLC 2010-RR4
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.
First Chester County Corporation Forms New Seasoned Loan Transactional Team
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.
MDMC Completes $800M Seasoned Loan Delivery to Ginnie Mae
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.
GDNAuto Joins Forces with CreditSmarts to Offer Auto Dealers and Lenders More Ways to Build Their Businesses
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.
MBI Financial Retains Cameron Associates as Investor Relations Advisor
Seasoned Loan Officers Join Bank to Lead Expanded Commercial Lending Efforts
Georgetown Savings Bank Names New Senior Lending Team
NEW YORK -- Fitch rates Credit Suisse Seasoned Loan Trust 2006-1 asset-backed certificates as follows:
Fitch Rates $100.3 Million Credit Suisse Seasoned Loan Trust 2006-1
Summit's growth has been fueled by expansion into the secondary mortgage markets and the recruitment of seasoned loan officers.
Summit Mortgage Experiences Significant Growth in 2006
5 billion in CMBS loans and has facilitated hundreds of millions of dollars in seasoned loan sales.
Bridger Commercial Funding Promotes Peter Grabell to Executive Vice President of Relationship Management
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.
Mavent Expert System Available Through the Fannie Mae Service Provider Network
We have seasoned loan officers who know their markets and know how to provide exceptional service.
Summit Mortgage Ranked No. 46 on Inc. Magazine List of the Nation's Fastest-Growing Private Companies; Boston-Based Mortgage Banking Firm is the Only New England Real Estate Company to Make Inc. 500 List
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