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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Panel Discussion on Fifty Years of Monetary Policy: What Have We Learned? | Conference – 2010
9 Feb 2010
Conferences
The obvious answer is to use regulatory instruments, such as mortgage terms, and possibly countercyclical capital and maybe liquidity ratios. ... Simple prudential tools would have prevented sub-prime mortgages from coming into being and their derivative
https://www.rba.gov.au/publications/confs/2010/cagliarini-kent-stevens-disc.html
Determinants of Agricultural and Mineral Commodity Prices | Conference – 2009
17 Aug 2009
Conferences
But the sub-prime mortgage crisis hit the United States around August 2007.
https://www.rba.gov.au/publications/confs/2009/frankel-rose.html
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
Financial Innovation: What Have We Learnt? | Conference – 2008
14 Jul 2008
Conferences
Many investors in residential mortgage-backed securities (RMBS) and CDOs of ABS linked to US sub-prime mortgages have been surprised by the extent to which the performance of these instruments ... It was the combination of these misaligned incentives
https://www.rba.gov.au/publications/confs/2008/jenkinson-penalver-vause.html
Introduction | Conference – 2008
14 Jul 2008
Conferences
with adverse news about the US sub-prime mortgage market gaining prominence in June and July 2007. ... They posit that these policy shifts drove the rise in sub-prime mortgage lending, from which the financial crisis stemmed.
https://www.rba.gov.au/publications/confs/2008/intro-2008.html