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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Recent Influences on the Competitive Environment | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector |…
6 Sep 2017
Submissions
It was used by a new class of mortgage lenders, known as mortgage originators, as well as smaller ADIs. ... As a result of the US sub-prime crisis, there was a reappraisal of the risks of investing in securitised products globally, and this also affected
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/recent-influences-on-the-competitive-environment.html
Joint RBA-APRA Submission to the Inquiry into Home Lending Practices and Processes – August 2007 | Housing and Housing Finance | Submissions
8 Aug 2007
Submissions
Joint RBA-APRA Submission to the Inquiry into Home Lending Practices and Processes – August 2007
https://www.rba.gov.au/publications/submissions/housing-and-housing-finance/inquiry-home-loan-lending-practices-and-processes/
Trends in Lending | Submission to the Inquiry into Competition within the Australian Banking Sector – November 2010 | Financial Sector |…
30 Nov 2010
Submissions
There were very few mortgages offered that were similar to the US sub-prime mortgages. ... As a result, sub-prime equivalent mortgages now account for less than 1 per cent of the stock of housing loans outstanding.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-within-australian-banking-sector-2010/trends.html
Housing Finance | Submission to the inquiry into Competition in the Banking and Non-Banking Sectors – July 2008 | Financial Sector |…
10 Jul 2008
Submissions
one of the factors that contributed to the sub-prime problems. ... The relatively low credit risk historically associated with Australian prime mortgages, together with strong longer-term demand for highly rated bonds from institutional investors,
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-in-banking-and-non-banking-sector/housing-finance.html
Competition, Efficiency and Innovation in Banking | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
In Australia, the arrival of mortgage originators led to a marked decline in spreads to the cash rate on mortgages. ... Following the onset of the US sub-prime crisis, there was a reappraisal of the risks associated with investing in securitised products.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/competition-efficiency-and-innovation.html
Deposits, Mortgages and SME Lending | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
However, over the past few years banks have reassessed their approach to the risks in mortgage lending. ... The typical Australian mortgage offered by the major banks is priced with reference to a benchmark standard variable rate (SVR).
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/deposits-mortgages-and-sme-lending.html
Consultation on New Reporting Templates for Repo-Eligible Asset Backed Securities | Consultations
22 Oct 2012
Consultations
Media Release 2013-14: Finalisation of the Cash Flow Waterfall Template for Repo-Eligible Residential Mortgage Backed Securities (RMBS). ... Media Release 2013-08: Finalisation of New Eligibility Criteria for Residential Mortgage Backed Securities.
https://www.rba.gov.au/publications/consultations/201210-new-reporting-templates-re-rmbs.html
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
8 May 2024
Submissions
from November 2020, for mortgages and personal loans.
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html
Banking Indicators | Chart Pack
6 Sep 2023
Chart Pack
A set of graphs on Banking Indicators from the Chart Pack
https://www.rba.gov.au/chart-pack/banking-indicators.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit cards as sources of credit
8 May 2024
Submissions
The decreased share of credit card debt may partly reflect the high cost of credit cards relative to mortgage interest rates and the increasing ability of households to use mortgage offset ... Unlike some other types of household loans such as
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-source-of-credit.html