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 System Stability
2 Sep 2003
RBA Annual Report
– 2003
Evidence suggests that around two thirds of households with mortgage debt repay their housing loans ahead of schedule. ... The majority of RMBS deals are backed by prime, fully insured mortgages and, over time, their performance has typically compared
https://www.rba.gov.au/publications/annual-reports/rba/2003/fin-sys-stability.html
Abbreviations
9 Aug 2023
RBA Annual Report
- 2022
PDF
65KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/abbreviations.pdf
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
Annual Report-1965-Economic and Financial Conditions
31 Dec 1965
Annual Report
and mortgage financing.
https://www.rba.gov.au/publications/annual-reports/rba/1965/eco-fin-conditions.html
Note 1 – Accounting Policies | Financial Statements
29 Aug 2011
RBA Annual Report
– 2011
dollar domestic residential and commercial mortgage-backed securities, asset-backed commercial paper and corporate securities.
https://www.rba.gov.au/publications/annual-reports/rba/2011/fin-statements/note-1.html
Abbreviations
21 Oct 2021
RBA Annual Report
– 2021
CFR. Council of Financial Regulators. CHESS. Clearing House Electronic Sub-register System. ... RMBS. residential mortgage-backed securities. RTGS. real-time gross settlement. R&D. research and development.
https://www.rba.gov.au/publications/annual-reports/rba/2021/abbreviations.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
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
Operations in Financial Markets
25 Sep 2017
RBA Annual Report
– 2017
To collateralise these open repos, 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). ... The required data include key information
https://www.rba.gov.au/publications/annual-reports/rba/2017/operations-in-financial-markets.html
Accountability and Communication
10 Sep 2012
RBA Annual Report
– 2012
to the Deputy Prime Minister and Treasurer for presentation to the Parliament, in accordance with the. ... 5. Luci Ellis, Head of Financial Stability Department, speaking at the Australian Mortgage Conference, February 2012.
https://www.rba.gov.au/publications/annual-reports/rba/2012/accountability.html