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 ?
This likely reflects the gradual impact of new loans' lower spreads as they replace more seasoned loans in the portfolios, as well as prevalence of smaller, traditional MM loans in these MM CLOs.
Cash balances in MM CLOs increased
* Limiting the GSEs financing activities to loans that only provide new liquidity (versus the purchase of seasoned loans or loan pools), loans that can be securitized or loans for underserved market segments.
GSEs considering reducing multifamily loans
The loan portfolio consists of seasoned loans originated before 2009.
Fitch Ratings affirms 'A+' rating assigned to Vermont Housing bonds
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