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.
Search Results
Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference – 2008
14 Jul 2008
Conferences
This section provides a benchmark against which to compare previous episodes to the sub-prime crisis. ... By 2007 there was a growing realisation of potential losses on sub-prime mortgages (that is, credit risk) as US house prices fell and defaults
https://www.rba.gov.au/publications/confs/2008/davis.html
The Sub-prime Crisis: Causal Distortions and Regulatory Reform | Conference – 2008
14 Jul 2008
Conferences
Delinquencies in sub-prime mortgages underlying RMBS and leveraged off-balance sheet conduits began to rise in early 2007, causing their prices to fall and generating losses on securities. ... Overall, the likely deleveraging process that will accompany
https://www.rba.gov.au/publications/confs/2008/blundell-wignall-atkinson.html
Discussion on Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference –…
14 Jul 2008
Conferences
Philip focuses our attention on the implications of the sub-prime crisis for the ‘lender of last resort’ (LOLR) function of central banks. ... And yet it has precipitated the need for emergency liquidity support of a range of institutions, many of
https://www.rba.gov.au/publications/confs/2008/davis-disc.html
Table 3 in The Sub-prime Crisis: Causal Distortions and Regulatory Reform | Conference – 2008
14 Jul 2008
Conferences
RBA Annual Conference – 2008 The Sub-prime Crisis: Causal Distortions and Regulatory Reform. ... 35.92. 3.39. 31.87. 2.65. 31.18. 2.58. 37.16. Fixed mortgage rate. 0.024.
https://www.rba.gov.au/publications/confs/2008/blundell-wignall-atkinson-table-3.html
Table 2 in The Sub-prime Crisis: Causal Distortions and Regulatory Reform | Conference – 2008
14 Jul 2008
Conferences
RBA Annual Conference – 2008 The Sub-prime Crisis: Causal Distortions and Regulatory Reform. ... Residential mortgages – fully secured. 50. 35. 35. 61.5. 72.7. Retail lending (consumer).
https://www.rba.gov.au/publications/confs/2008/blundell-wignall-atkinson-table-2.html
Discussion on The Sub-prime Crisis: Causal Distortions and Regulatory Reform | Conference – 2008
14 Jul 2008
Conferences
Second, the timing is problematic. Most of the fraudulent and sub-prime mortgages that were packaged into collateralised debt obligations were apparently of the 2006–07 vintage. ... States. If banks' actions in originating sub-prime mortgages and
https://www.rba.gov.au/publications/confs/2008/blundell-wignall-atkinson-disc.html
The Rise in US Household Indebtedness: Causes and Consequences | Conference – 2007
20 Aug 2007
Conferences
As illustrated by the recent developments among sub-prime mortgage borrowers, excessive accumulation of debt can, in some circumstances, lead to financial distress. ... The most recent episode in the sub-prime mortgage sector started with a boom in
https://www.rba.gov.au/publications/confs/2007/dynan-kohn.html
The Asset-backed Commercial Paper Market
10 Jan 2008
Bulletin
– January 2008
exposure to US sub-prime mortgages or collateralised debt obligations (CDOs) backed by US sub-prime RMBS. ... their portfolios of assets are highly concentrated in US sub-prime mortgages, mainly through RMBS and CDOs of ABS;.
https://www.rba.gov.au/publications/bulletin/2008/jan/1.html
Recent Developments in Collateralised Debt Obligations in Australia
10 Nov 2007
Bulletin
– November 2007
While it is difficult to quantify the exposure of Australian CDOs to the US sub-prime mortgage market, it appears to be very low. ... In contrast, since July 2007, S&P has downgraded 123 US CDOs (with a face value of US$6.2 billion) that have an exposure
https://www.rba.gov.au/publications/bulletin/2007/nov/1.html
The Impact of the Financial Crisis on the Bond Market
10 Jun 2010
Bulletin
– June 2010
As has been well documented elsewhere, the collapse of the US sub-prime mortgage market led to a general reappraisal of the risks involved with all structured credit markets and a ... Bulletin. , October, pp 1–12. Debelle G (2008), ’A Comparison of
https://www.rba.gov.au/publications/bulletin/2010/jun/8.html