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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Annual Performance Statement for 2016/17
25 Sep 2017
RBA Annual Report
– 2017
The Bank contributed to work with other CFR agencies during the year in the areas of: developments and risks in the housing and mortgage markets; financial technology (fintech); Australia's shadow ... As noted above, the Reserve Bank, together with other
https://www.rba.gov.au/publications/annual-reports/rba/2017/annual-performance-statement.html
Financial Markets | Reserve Bank of Australia Annual Report - 1985
30 Jun 1985
Annual Report
There were several developments relating to the expansion of the secondary mortgage market in Australia. ... As part of this framework, trading banks have agreed to hold at all times a minimum tranche of high quality liquefiable assets (‘prime assets’
https://www.rba.gov.au/publications/annual-reports/rba/1985/fin-markets.html
Note 1 – Accounting Policies | Financial Statements
16 Oct 2013
RBA Annual Report
– 2013
dollar domestic residential and commercial mortgage-backed securities, asset-backed commercial paper and corporate securities.
https://www.rba.gov.au/publications/annual-reports/rba/2013/fin-statements/note-1.html
Annual Performance Statement for 2017/18
20 Sep 2018
RBA Annual Report
– 2018
They have also taken steps to improve the quality of lending and raise lending standards, especially in relation to their mortgage business. ... As noted above, the Reserve Bank, together with other CFR agencies, has been closely monitoring developments
https://www.rba.gov.au/publications/annual-reports/rba/2018/annual-performance-statement.html
Operations in Financial Markets
16 Oct 2015
RBA Annual Report
– 2015
In addition, the Bank has permitted the use of certain related-party assets issued by bankruptcy-remote vehicles, such as self-securitised residential mortgage-backed securities (RMBS), as security against ... These required reporting transaction and
https://www.rba.gov.au/publications/annual-reports/rba/2015/operations-in-financial-markets.html
Operations in Financial Markets
24 Oct 2016
RBA Annual Report
– 2016
Reflecting this, over half of the securities held by the Bank (excluding those under open repo) are government-related obligations, with the remainder being bank-issued debt securities and residential ... mortgage loans and the underlying collateral
https://www.rba.gov.au/publications/annual-reports/rba/2016/operations-in-financial-markets.html
Note 1 – Accounting Policies | Financial Statements
12 Sep 2014
RBA Annual Report
– 2014
dollar domestic residential and commercial mortgage backed securities, asset-backed commercial paper and corporate securities.
https://www.rba.gov.au/publications/annual-reports/rba/2014/fin-statements/note-1.html
Management of the Reserve Bank
12 Sep 2014
RBA Annual Report
– 2014
In financial markets, a platform is being developed to value residential mortgage-backed securities efficiently, and assess and manage the risk of the Reserve Bank holding these instruments. ... Some of the initiatives being investigated currently
https://www.rba.gov.au/publications/annual-reports/rba/2014/mgmt-rba.html
Operations in Financial Markets
20 Aug 2009
RBA Annual Report
– 2009
by authorised deposit-taking institutions (ADIs) and securities backed by high-quality residential mortgages, thereby making these securities more liquid. ... restrictions are placed on the underlying mortgages to ensure they are of a high quality.
https://www.rba.gov.au/publications/annual-reports/rba/2009/ops-fin-mkts.html
Risk Management
12 Sep 2014
RBA Annual Report
– 2014
To date, a small number of institutions have been granted related-party exemptions, enabling them to post specific self-securitised residential mortgage-backed securities (RMBS) as collateral.
https://www.rba.gov.au/publications/annual-reports/rba/2014/risk-mgmt.html