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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Discussion on What Caused the Decline in US Business Cycle Volatility? | Conference – 2005
11 Jul 2005
Conferences
The forms of innovation they cite include the development of improved credit scoring and risk-based pricing of credit, the securitisation of mortgage and other loans, and the emergence of the
https://www.rba.gov.au/publications/confs/2005/gordon-disc.html
Discussion on Home-buyers, Housing and the Macroeconomy | Conference – 2003
18 Aug 2003
Conferences
This reflected a variety of factors, including improvements in their banking practices, strengthened prudential regulation and supervision, and the move to securitisation of mortgage debt. ... However, there was some unease as to where the securitisation
https://www.rba.gov.au/publications/confs/2003/case-quigley-shiller-disc.html
Financial Markets, Institutions and Liquidity | Conference – 2013
19 Aug 2013
Conferences
RBA Annual Conference – 2013 Financial Markets, Institutions and Liquidity Franklin Allen and Elena Carletti. One important reason for the global impact of the 2007–2009 financial crisis was massive illiquidity in combination with an extreme
https://www.rba.gov.au/publications/confs/2013/allen-carletti.html
Prudential Supervision | Conference – 1991
21 Jun 1991
Conferences
Prudential requirements will, of course, continue to evolve as necessary. Currently there is a focus on issues raised by asset securitisation, funds under management and market risk.
https://www.rba.gov.au/publications/confs/1991/thompson.html
Panel Discussion on Financial Stability: Ten Questions and about Seven Answers | Conference – 2010
9 Feb 2010
Conferences
For example, the disruption of the securitisation markets caused by the poor performance of highly rated debt securities led to significant problems for major financial institutions. ... The capital markets are generally open for business – with the
https://www.rba.gov.au/publications/confs/2010/caruana-disc.html
Some Principles of Financial Regulation: Lessons from the United States | Conference – 1991
21 Jun 1991
Conferences
It is worth mentioning that such “securitisation”, like computers and modern aircraft, was invented in the government and, even today, is used largely for government-backed loans that enjoy safety-net
https://www.rba.gov.au/publications/confs/1991/wojnilower.html
Discussion on The Evolution of Risk and Risk Management – A Prudential Regulator's Perspective | Conference – 2007
20 Aug 2007
Conferences
remain on banks' balance sheets because they make relatively little use of securitisation.
https://www.rba.gov.au/publications/confs/2007/laker-disc.html
Table 1 in The Sub-prime Crisis: Causal Distortions and Regulatory Reform | Conference – 2008
14 Jul 2008
Conferences
Incentive distortions. Originate-to-distribute no ongoing information on quality/performance of assets. Basel I encourages securitisation via off-balance sheet conduits with low capital charges. ... guidance on managing securitisation (including
https://www.rba.gov.au/publications/confs/2008/blundell-wignall-atkinson-table-1.html
Discussion on Regulating the New Financial Markets | Conference – 1996
9 Jul 1996
Conferences
In particular the process of securitisation meant that banks could package and sell off their assets to an increasing extent, so their role as holders of non-marketable loans was being
https://www.rba.gov.au/publications/confs/1996/sherwin-disc.html
General Discussion | Conference – 1991
21 Jun 1991
Conferences
In other words, credit risk could not be diversified by securitisation. ... In some limited cases where information was not crucial, e.g. in relatively homogenous loans such as house mortgages, securitisation was possible, but not for most types of
https://www.rba.gov.au/publications/confs/1991/thompson-ferguson-disc.html