Search: securitisation
RBA Glossary definition for securitisation
securitisation – Asset securitisation is the process of converting a pool of illiquid assets, such as residential mortgages, into tradeable securities.
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The Rise in US Household Indebtedness: Causes and Consequences | Conference – 2007
20 Aug 2007
Conferences
One aspect of innovation that has received some attention is the effect of mortgage securitisation on interest rates. ... while others argue that the link between securitisation and mortgage spreads is much weaker (for example, see Rothberg, Nothaft and
https://www.rba.gov.au/publications/confs/2007/dynan-kohn.html
Developments in the Business of Banking | Conference – 1996
9 Jul 1996
Conferences
that can be standardised into a commodity product and aggregated for securitisation. ... securitisation will all continue to look to banks for their credit needs.
https://www.rba.gov.au/publications/confs/1996/joss.html
When is a Housing Market Overheated Enough to Threaten Stability? | Conference – 2012
20 Aug 2012
Conferences
RBA Annual Conference – 2012 When is a Housing Market Overheated Enough to Threaten Stability? John Muellbauer. In many economies, housing prices are subject to boom-bust cycles and in some cases these cycles are linked to severe economic and
https://www.rba.gov.au/publications/confs/2012/muellbauer.html
Introduction | Conference – 2007
20 Aug 2007
Conferences
Financial deepening over the past decade has continued at a rapid pace, with a wide range of new financial instruments and markets, securitisation now a prominent feature of markets in many ... In the market for housing loans, this has been spurred by
https://www.rba.gov.au/publications/confs/2007/intro-2007.html
Discussion on The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
The four big banks depend on bond markets abroad to raise funds, while the small banks rely heavily on securitisation.
https://www.rba.gov.au/publications/confs/2011/davis-disc.html
Discussion on Banking Concentration, Financial Stability and Public Policy | Conference – 2007
20 Aug 2007
Conferences
One participant was critical of the fact that in the securitisation market, originators of loans are not required to keep an equity tranche on their books.
https://www.rba.gov.au/publications/confs/2007/davis-disc.html
The Unfolding Turmoil of 2007–2008: Lessons and Responses | Conference – 2008
20 Aug 2007
Conferences
Nonetheless, it achieved new prominence in banks' business strategies with the securitisation of mortgages. ... Once the first sub-prime mortgage defaults materialised, standard covenants of the securitisations forced the originators to take back newly
https://www.rba.gov.au/publications/confs/2008/cohen-remolona.html
Innovation and Integration in Financial Markets and the Implications for Financial Stability | Conference – 2007
20 Aug 2007
Conferences
The process started in the early 1970s, with residential mortgage-backed securitisations by government agencies in the US. ... Typically, originated assets awaiting securitisation are built up in ‘warehouses’ financed by wholesale deposits.
https://www.rba.gov.au/publications/confs/2007/hamilton-jenkinson-penalver.html
OTC Derivatives Reform: Netting and Networks | Conference – 2013
19 Aug 2013
Conferences
RBA Annual Conference – 2013 OTC Derivatives Reform: Netting and Networks Alexandra Heath, Gerard Kelly and Mark Manning. 1. Introduction. In the wake of the global financial crisis, member jurisdictions of the G20 have embarked upon an ambitious
https://www.rba.gov.au/publications/confs/2013/heath-kelly-manning.html
Introduction | Conference – 1996
9 Jul 1996
Conferences
For example, the process of securitisation – the replacement of traditional bank intermediation by funding through securities markets – has gone much further there than it has in Australia, and may be indicative
https://www.rba.gov.au/publications/confs/1996/intro-96.html