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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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
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
The Rise in US Household Indebtedness: Causes and Consequences | Conference – 2007
20 Aug 2007
Conferences
As illustrated by the recent developments among sub-prime mortgage borrowers, excessive accumulation of debt can, in some circumstances, lead to financial distress. ... The most recent episode in the sub-prime mortgage sector started with a boom in
https://www.rba.gov.au/publications/confs/2007/dynan-kohn.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
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
The Global Financial Environment
10 Mar 2008
FSR
– March 2008
According to data from the Mortgage Bankers Association, by number of loans, the 30-day arrears rate on US sub-prime adjustable-rate mortgages rose from 17 per cent in June ... poor underwriting and some fraudulent practices in the US sub-prime mortgage
https://www.rba.gov.au/publications/fsr/2008/mar/global-fin-env.html
Financial Stability Review – March 2007
27 Mar 2007
FSR
Financial Stability Review March 2007. Download the complete Review 620. KB. The material in this. Financial Stability Review. was finalised on 23 March 2007. (A disclaimer notice applies to data obtained from the HILDA Survey and used in the Review.
https://www.rba.gov.au/publications/fsr/2007/mar/
Box B: The ABX.HE Credit Default Swap Indices
10 Mar 2008
FSR
– March 2008
One set of indices that has received considerable attention recently, particularly given the problems in the US sub-prime mortgage market, is the ABX.HE indices, which track CDS on US ... Each ABX.HE index tracks CDS on a fixed sample of 20 RMBS, for
https://www.rba.gov.au/publications/fsr/2008/mar/box-b.html
Box A: Financial Guaranty Insurers (Monolines)
10 Mar 2008
FSR
– March 2008
Over the past decade, however, structured credit products, including securities backed by US sub-prime mortgages, have been an increasingly important source of business for the FGIs. ... Of this, around 1 per cent is accounted for by sub-prime mortgages
https://www.rba.gov.au/publications/fsr/2008/mar/box-a.html
Box A: The Australian Asset-backed Commercial Paper Market
10 Sep 2007
FSR
– September 2007
Only a small share of these loans was non-conforming (2 per cent) and, according to Standard & Poor's, Australian ABCP has little, if any, exposure to US sub-prime mortgages ... or collateralised debt obligations backed by US sub-prime RMBS.
https://www.rba.gov.au/publications/fsr/2007/sep/box-a.html