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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The Australian Financial System
10 Mar 2008
FSR
– March 2008
Consistent with this, and as noted above, Australian banks' exposures to the US sub-prime mortgage market problems are small, and mainly indirect, through channels such as lines of credit to ... less than one per cent of total industry assets are
https://www.rba.gov.au/publications/fsr/2008/mar/aus-fin-sys.html
The Global Financial Environment
10 Mar 2009
FSR
– March 2009
Though the initial rise in US housing loan arrears mainly reflected sub-prime mortgages – particularly adjustable-rate mortgages as interest rates rose from initial low rates – arrears rates across all mortgages ... In the December quarter 2008,
https://www.rba.gov.au/publications/fsr/2009/mar/global-fin-env.html
Financial Stability Review - March 2009
17 Apr 2009
FSR
- March 2009
PDF
1621KB
https://www.rba.gov.au/publications/fsr/2009/mar/pdf/0309.pdf
The Australian Financial System
10 Sep 2008
FSR
– September 2008
Consistent with this, Australia's largest general insurers have not reported any direct exposure to US sub-prime risk through their investment portfolios. ... Notwithstanding this, Australian superannuation funds have limited exposures to US sub-prime
https://www.rba.gov.au/publications/fsr/2008/sep/aus-fin-sys.html
List of Graphs
10 Mar 2007
FSR
– March 2007
Graph 41: Spreads on Domestically Issued Prime RMBS. ... Graph A3: Insurance on Sub-prime RMBS.
https://www.rba.gov.au/publications/fsr/2007/mar/graphs.html
Overview
10 Mar 2007
FSR
– March 2007
Against this favourable background, the past month has seen an increase in volatility in some markets, and notably, a sharp pick-up in loan arrears in sub-prime residential mortgages in ... Surveys suggest that, in aggregate, households are generally
https://www.rba.gov.au/publications/fsr/2007/mar/overview.html
Financial Stability Review
1 Apr 2004
FSR
PDF
611KB
On the supply side, fi nancial intermediaries have been keen to increase their portfolios of relatively low-risk residential mortgages and are providing cheaper, more innovative mortgage products, including those specifi ... Many households are, however,
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304.pdf
The Australian Financial System
10 Sep 2007
FSR
– September 2007
More generally, Australian banks have only minimal exposures to the US sub-prime mortgage market and any exposures are generally through indirect channels, such as lines of credit to funding vehicles. ... The higher funding costs have also caused a
https://www.rba.gov.au/publications/fsr/2007/sep/aus-fin-sys.html
Financial Intermediaries
10 Mar 2004
FSR
– March 2004
In particular, default rates for US sub-prime mortgage borrowers (i.e. those with blemished or non-existent credit records) have shown some tendency to be more sensitive to an economic ... Overall, around a fifth of all loans are covered by lenders'
https://www.rba.gov.au/publications/fsr/2004/mar/fin-intermed.html
The Australian Financial System
10 Mar 2009
FSR
– March 2009
One is that Australian banks typically have only limited direct exposures to the types of securities – such as CDOs and US sub-prime residential mortgage-backed securities – that have led to ... Consistent with this conservative investment mix,
https://www.rba.gov.au/publications/fsr/2009/mar/aus-fin-sys.html