Weighted Average Remaining Maturity (WARM)

Weighted Average Remaining Maturity (WARM)

The Weighted Average Remaining Maturity (WARM) of any group of Mortgages is calculated by: Multiplying the UPB of each Mortgage by the number of months remaining to maturity of such Mortgage (resulting in a "product" for each Mortgage) Adding the products so obtained for all of the Mortgages Dividing the sum of all the products by the aggregate UPB of all the Mortgages in the group With respect to buyup and buydown options described in Section 6201.2(c), the WARM is the Weighted Average Remaining Maturity, stated in months, of the aggregate of all Mortgages purchased pursuant to any Guarantor or MultiLender Swap conversion or Cash Purchase Contract, as of the Date of Seller's Offer. Freddie Mac's determination of the WARM is conclusive.