Weighted Average Loan Age (WALA) defines the average age of loans in a pool of mortgage-backed securities, weighted by the remaining principal balance or nominal value.

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

・As of September 2024, the PSLF weighted average rule became the standard for federal loan consolidation. ・Instead of restarting your payment count or defaulting to your oldest loan, the new rule ...