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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Governor's Foreword
4 Sep 2008
RBA Annual Report
– 2008
It was apparent by the middle of 2007 that loss experiences in US sub-prime mortgages were severe and that financial institutions with exposures were going to be badly affected.
https://www.rba.gov.au/publications/annual-reports/rba/2008/gov-foreword.html
Operations in Financial Markets
4 Sep 2008
RBA Annual Report
– 2008
sub-prime mortgage market. ... cent of the assets backing them comprise prime ‘full-doc’ residential mortgages.
https://www.rba.gov.au/publications/annual-reports/rba/2008/balance-sheet.html
5.5 Abbreviations
19 Oct 2023
RBA Annual Report
– 2023
CFR. Council of Financial Regulators. CHESS. Clearing House Electronic Sub-register System. ... RMBS. residential mortgage-backed securities. RTGS. real-time gross settlement. R&D. research and development.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html
3.3 Risk Management
19 Oct 2023
RBA Annual Report
– October 2023
Risk Management | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/risk-management.html
2.2 Operations in Financial Markets
19 Oct 2023
RBA Annual Report
– October 2023
Operations in Financial Markets | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/operations-in-financial-markets.html
Reserve Bank Act
9 Mar 2023
RBA Annual Report
– 1960
The Reserve Bank Board, the successor of the Commonwealth Bank Board, believes that the transitional problems involved in giving effect to the legislation were overcome successfully and that the Mortgage Bank
https://www.rba.gov.au/publications/annual-reports/rba/1960/bank-act.html
Risk Management
12 Apr 2020
RBA Annual Report
– 2020
Footnotes. An internal RMBS is a bankruptcy-remote trust set up by an ADI which contains mortgages they have written. ... The Bank accepts the securities issued out of the RMBS (and secured by the mortgages) as collateral.
https://www.rba.gov.au/publications/annual-reports/rba/2020/risk-management.html
Financial System Stability
2 Sep 2003
RBA Annual Report
– 2003
Evidence suggests that around two thirds of households with mortgage debt repay their housing loans ahead of schedule. ... The majority of RMBS deals are backed by prime, fully insured mortgages and, over time, their performance has typically compared
https://www.rba.gov.au/publications/annual-reports/rba/2003/fin-sys-stability.html
Abbreviations
27 Oct 2022
RBA Annual Report
– 2022
CFR. Council of Financial Regulators. CHESS. Clearing House Electronic Sub-register System. ... RMBS. residential mortgage-backed securities. RTGS. real-time gross settlement. R&D. research and development.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html
Developments in Financial Intermediation | Reserve Bank of Australia Annual Report - 1995
31 Dec 1995
Annual Report
These seemingly low figures reflect the fact that some 40 per cent of dwellings are owned outright, and many more have small outstanding mortgages.). ... The rise in aggregate mortgage indebtedness reflects an increase in the average size of loans and an
https://www.rba.gov.au/publications/annual-reports/rba/1995/develop-fin-inte.html