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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International and Foreign Exchange Markets
10 Aug 2007
SMP
– August 2007
The catalyst was the adverse news involving the US sub-prime mortgage market. ... As the interest rates on a large number of the poorer-quality 2006 vintage mortgages still have to be reset, it is likely that sub-prime mortgage defaults still have a
https://www.rba.gov.au/publications/smp/2007/aug/intl-fx-mkts.html
List of tables
10 Feb 2009
SMP
– February 2009
10. 6. 5. Sub-prime crisis – peak. 2008:Q4. 72. 21. 11. ... Sub-prime crisis – average. 2007:Q3 – current. 23. 9. 5. Enron scandal.
https://www.rba.gov.au/publications/smp/2009/feb/tables.html
A Comparison of the US and Australian Housing Markets
16 Jun 2008
Bulletin
PDF
93KB
Address by Dr Guy Debelle, Assistant Governor (Financial Markets), to the Sub-prime Mortgage Meltdown Symposium, Adelaide, 16 May 2008.
https://www.rba.gov.au/publications/bulletin/2008/jun/pdf/bu-0608-5.pdf
The Asset-backed Commercial Paper Market
10 Jan 2008
Bulletin
– January 2008
exposure to US sub-prime mortgages or collateralised debt obligations (CDOs) backed by US sub-prime RMBS. ... their portfolios of assets are highly concentrated in US sub-prime mortgages, mainly through RMBS and CDOs of ABS;.
https://www.rba.gov.au/publications/bulletin/2008/jan/1.html
Recent Developments in Collateralised Debt Obligations in Australia
10 Nov 2007
Bulletin
– November 2007
While it is difficult to quantify the exposure of Australian CDOs to the US sub-prime mortgage market, it appears to be very low. ... In contrast, since July 2007, S&P has downgraded 123 US CDOs (with a face value of US$6.2 billion) that have an exposure
https://www.rba.gov.au/publications/bulletin/2007/nov/1.html
International and Foreign Exchange Markets
10 May 2007
SMP
– May 2007
Sub-prime mortgages are typically those where the borrower has an impaired credit history. ... Footnote. See also ‘Box A: Developments in the US Sub-prime Mortgage Market’, RBA.
https://www.rba.gov.au/publications/smp/2007/may/intl-fx-mkts.html
Whither Securitisation?
14 Dec 2009
Bulletin
PDF
205KB
Address by Dr Guy Debelle, Assistant Governor (Financial Markets) to the Australian Securitisation Conference 2009, Sydney, 18 November 2009
https://www.rba.gov.au/publications/bulletin/2009/dec/pdf/bu-1209-6.pdf
The Impact of the Financial Crisis on the Bond Market
10 Jun 2010
Bulletin
– June 2010
As has been well documented elsewhere, the collapse of the US sub-prime mortgage market led to a general reappraisal of the risks involved with all structured credit markets and a ... Bulletin. , October, pp 1–12. Debelle G (2008), ’A Comparison of
https://www.rba.gov.au/publications/bulletin/2010/jun/8.html
The Asset-backed Commercial Paper Market
16 Jan 2008
Bulletin
PDF
78KB
Reserve Bank of Australia Bulletin January 2008
https://www.rba.gov.au/publications/bulletin/2008/jan/pdf/bu-0108-1.pdf
The Global Financial Crisis: Causes, Consequences and Countermeasures
15 May 2009
Bulletin
PDF
276KB
Reserve Bank of Australia Bulletin May 2009
https://www.rba.gov.au/publications/bulletin/2009/may/pdf/bu-0509-4.pdf