WADSCR

AcronymDefinition
WADSCRWeighted Average Debt Service Coverage Ratio
References in periodicals archive ?
The affirmations are driven by the increased subordination levels, which are offset by the flat performance of the remaining mortgages in the pool, resulting in a weighted average debt service coverage ratio (WADSCR) of 1.37 times (x), up from 1.32x at the last review, and 1.42x at issuance.
The auditor found that the financial condition of the properties had improved, resulting in a WADSCR for the mortgages of 1.04x (October 2001), up from 1x (year-end 2000).
ORIX Capital Markets LLC, the master servicer, reported a weighted average debt service coverage ratio (WADSCR) based on (net cash flow) of 1.6 times (x), based on 88.9 percent year-end 2000, and 1.8 percent year-end 1999 financial information, an improvement from the 1.35x that was reported at issuance.