Search: Sub-prime mortgage
RBA Glossary definition for Sub-prime mortgage
Sub-prime mortgage – While there is no precise definition of sub-prime mortgages, in the United States, they are typically loans made to borrowers with impaired credit histories, which might include one or more payment defaults, a previous loan foreclosure, or bankruptcy.
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Financial Stability Review - March 2010
25 Mar 2010
FSR
- March 2010
PDF
822KB
https://www.rba.gov.au/publications/fsr/2010/mar/pdf/0310.pdf
The Global Financial Environment
24 Mar 2010
FSR
- March 2010
PDF
342KB
https://www.rba.gov.au/publications/fsr/2010/mar/pdf/global-fin-env.pdf
The Evolving Financial Situation
18 Mar 2010
Speech
PDF
167KB
Asset-backed markets were where concerns first arose, particularly securities backed by US sub-prime housing loans. ... They did not have material holdings of, or exposure to, the securities backed by US mortgages.
https://www.rba.gov.au/speeches/2010/pdf/sp-ag-160210.pdf
The Global Financial Environment
10 Mar 2010
FSR
– March 2010
arrears. Loan quality remains particularly poor on sub-prime mortgages, with around one quarter of such mortgages more than 30 days in arrears, but prime loans, whether on lenders' balance sheets ... Also in February, the Swedish financial regulator
https://www.rba.gov.au/publications/fsr/2010/mar/global-fin-env.html
The Evolving Financial Situation
16 Feb 2010
Speech
Speech by Guy Debelle to the Women in Finance Luncheon, Sydney
https://www.rba.gov.au/speeches/2010/sp-ag-160210.html
Panel Discussion on Fifty Years of Monetary Policy: What Have We Learned? | Conference – 2010
9 Feb 2010
Conferences
The obvious answer is to use regulatory instruments, such as mortgage terms, and possibly countercyclical capital and maybe liquidity ratios. ... Simple prudential tools would have prevented sub-prime mortgages from coming into being and their derivative
https://www.rba.gov.au/publications/confs/2010/cagliarini-kent-stevens-disc.html
Whither Securitisation?
14 Dec 2009
Bulletin
PDF
205KB
Address by Dr Guy Debelle, Assistant Governor (Financial Markets) to the Australian Securitisation Conference 2009, Sydney, 18 November 2009
https://www.rba.gov.au/publications/bulletin/2009/dec/pdf/bu-1209-6.pdf
Promoting Liquidity: Why and How?
2 Dec 2009
RDP
PDF
484KB
Liquidity issues have also been at the forefront of concerns arising from the sub-prime problem in the United States. ... One example of a market in which low transaction transparency appears to have hampered liquidity is the market for Australian
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-06.pdf
Whither Securitisation?
18 Nov 2009
Speech
Speech by Guy Debelle to the Australian Securitisation Conference 2009, Sydney
https://www.rba.gov.au/speeches/2009/sp-ag-181109.html
International and Foreign Exchange Markets
10 Nov 2009
SMP
– November 2009
Prices on sub-prime residential mortgage-backed securities (RMBS) have shown relatively little improvement and remain less than half their pre-crisis levels, reflecting their higher expected likelihood of default. ... Despite this, the Fed extended
https://www.rba.gov.au/publications/smp/2009/nov/intl-fx-mkts.html