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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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Note 1 | Financial Statements

20 Aug 2009 RBA Annual Report – 2009
government agencies that have an explicit government guarantee (or equivalent support) and by certain highly-rated supranational organisations; and selected Australian dollar domestic residential and commercial mortgage-backed securities,
https://www.rba.gov.au/publications/annual-reports/rba/2009/fin-statements/note-1.html

Abbreviations

20 Sep 2018 RBA Annual Report – 2018
CHESS. Clearing House Electronic Sub-register System. CLF. Committed Liquidity Facility. CNY. ... RITS. Reserve Bank Information and Transfer System. RMBS. residential mortgage-backed securities.
https://www.rba.gov.au/publications/annual-reports/rba/2018/abbreviations.html

Operations in Financial Markets

20 Sep 2018 RBA Annual Report – 2018
Securities issued by banks, such as bank bills, bonds and residential mortgage-backed securities (RMBS), are also eligible for repo in the Reserve Bank's OMO. ... the residential mortgage loans and the underlying collateral backing the RMBS structures.
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html

Note 1 – Accounting Policies | Financial Statements

25 Oct 2010 RBA Annual Report – 2010
dollar domestic residential and commercial mortgage-backed securities, asset-backed commercial paper and corporate securities.
https://www.rba.gov.au/publications/annual-reports/rba/2010/fin-statements/note-1.html

Glossary

20 Aug 2009 RBA Annual Report – 2009
Reserve Bank Information and Transfer System. RMBS. Residential mortgage-backed securities. RMU.
https://www.rba.gov.au/publications/annual-reports/rba/2009/glossary.html

Glossary

25 Oct 2010 RBA Annual Report – 2010
RITS. Reserve Bank Information and Transfer System. RMBS. Residential mortgage-backed securities.
https://www.rba.gov.au/publications/annual-reports/rba/2010/glossary.html

Glossary

4 Sep 2008 RBA Annual Report – 2008
Reserve Bank Information and Transfer System. RMBS. Residential mortgage-backed securities. RMU.
https://www.rba.gov.au/publications/annual-reports/rba/2008/glossary.html

Reserve Bank of Australia Annual Report 2021 - Abbreviations

18 Oct 2021 RBA Annual Report 2021 PDF 35KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/abbreviations.pdf

Glossary

2 Sep 2003 RBA Annual Report – 2003
RMBS. Residential mortgage-backed securities. RTGS. Real-time gross settlement. SDRs. Special drawing rights.
https://www.rba.gov.au/publications/annual-reports/rba/2003/glossary.html

Note 1 | Financial Statements

10 Sep 2012 RBA Annual Report – 2012
dollar domestic residential and commercial mortgage-backed securities, asset-backed commercial paper and corporate securities.
https://www.rba.gov.au/publications/annual-reports/rba/2012/fin-statements/note-1.html