Search: borrower
RBA Glossary definition for borrower
borrower – A person or entity that incurs a debt to a lender on agreed terms.
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Appendix A: Summary Statistics and Variable Definitions
22 Jul 2020
RDP
2020-03
Loan. CoreLogic data; Securitisation System; Author's calculations. Debt serviceability ratio. Monthly loan repayments, estimated using credit foncier formulas / total borrower income at origination, indexed by state average weekly earnings.
https://www.rba.gov.au/publications/rdp/2020/2020-03/appendix-a.html
Conclusion and Policy Implications
22 Jul 2020
RDP
2020-03
The main drivers of entries to arrears are ability-to-pay shocks, such as unemployment, while prepayment buffers reduce the probability that an ability-to-pay shock causes a borrower to ... Prolonged periods of negative equity may in themselves also
https://www.rba.gov.au/publications/rdp/2020/2020-03/conclusion-and-policy-implications.html