what is the weighted average remaining term wart 
weighted average remaining term wart is a metric that captures the average time to maturity of a portfolio of asset backed securities abs the longer the wart the longer the portfolio s assets will take to mature on average also known as the weighted average maturity wam wart is often used in relation to mortgage backed securities mbs but can also be applied to any portfolio of fixed income securities wart is closely related to weighted average loan age wala which is its inverse 