Search: Sub-prime mortgage

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41–50 of 163 search results for 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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Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018

12 Apr 2018 Conferences
Ben Broadbent
Currently, house prices, equity prices and mortgage lending are all still materially lower, when measured in real terms, than they were a decade ago (Figure 2). ... In 2014, responding to concerns about growth in riskier mortgages, the FPC introduced
https://www.rba.gov.au/publications/confs/2018/broadbent.html

Financial Stability: Ten Questions and about Seven Answers | Conference – 2010

9 Feb 2010 Conferences
Jaime Caruana
Through an autonomous market process, it divided itself into strict narrow banking (‘government only’ funds) and a looser model (‘prime’ funds). ... Lehman's failure led to a run from prime funds into government funds.
https://www.rba.gov.au/publications/confs/2010/caruana.html

Housing in Australia in the 2000s: On the Agenda Too Late? | Conference – 2011

24 Jul 2000 Conferences
Judith Yates
At the same time, a Prime Ministerial Task Force on Home Ownership was established with a similar brief. ... Ball, Meen and Nygaard (2010) show that elasticity estimates are sensitive to the degree of spatial disaggregation employed and are lower at a sub
https://www.rba.gov.au/publications/confs/2011/yates.html

Bank Deregulation in Australia: Choice and Diversity, Gainers and Losers | Conference – 1991

21 Jun 1991 Conferences
Ian Harper
Bankcard debit/credit card. Enhanced retirement services. 1987. Life insurance. Fixed-rate mortgage lending. ... Home banking. 1986. Housing bonds. Equity mortgage loans. 1985. EFTPOS. MasterCard ATM linkage.
https://www.rba.gov.au/publications/confs/1991/harper.html

Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? | Conference – 2003

18 Aug 2003 Conferences
Charles Bean
That is reflected in high rates of mortgage equity withdrawal, currently estimated to be equivalent to about 7 per cent of personal disposable income (see Figure 3).
https://www.rba.gov.au/publications/confs/2003/bean.html

Regulatory Policy Issues in Australia | Conference – 1996

9 Jul 1996 Conferences
Graeme Thompson
Whatever view one takes of these particular issues [who should have prime carriage of bank supervision], two things seem very clear. ... More recently, they have set up their own mortgage origination and securitisation vehicles.
https://www.rba.gov.au/publications/confs/1996/thompson.html

Business Cycle Dynamics in OECD Countries: Evidence, Causes and Policy Implications | Conference – 2005

11 Jul 2005 Conferences
Jean-Philippe Cotis and Jonathan Coppel
This suggests that the mortgage market is pivotal in translating house price shocks into spending responses. ... Table 8: Mortgage Market Completeness – Range of Mortgage Products Available and Borrowers Served in Eight European Countries.
https://www.rba.gov.au/publications/confs/2005/cotis-coppel.html

Taming the Real Estate Beast: The Effects of Monetary and Macroprudential Policies on Housing Prices and Credit | Conference – 2012

20 Aug 2012 Conferences
Kenneth Kuttner and Ilhyock Shim
Moreover, the option of refinancing affects the true cost of carrying a mortgage. ... recourse or non-recourse; (iii) the typical maturity of mortgage contracts; and (iv) the prevalence of fixed- versus variable-rate mortgages.
https://www.rba.gov.au/publications/confs/2012/kuttner-shim.html

Discussion on Financial System Liquidity, Asset Prices and Monetary Policy | Conference – 2005

11 Jul 2005 Conferences
mean mortgage rate over the official interest rate) and a measure of their net worth, here proxied by households' new housing equity. ... It was also argued that higher house prices can bring forward consumption spending if consumers are not fully
https://www.rba.gov.au/publications/confs/2005/shin-disc.html

Introduction | Conference – 1996

9 Jul 1996 Conferences
Malcolm Edey
products and delivery systems: financial derivatives, ATMs, EFTPOS, securitised mortgages, telephone banking, to name just a few. ... This in turn has increased the contestability of markets for a number of products, as has been illustrated recently by
https://www.rba.gov.au/publications/confs/1996/intro-96.html