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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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Abbreviations

12 Apr 2020 RBA Annual Report – 2020
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/2020/abbreviations.html

Abbreviations

20 Sep 2018 RBA Annual Report – 2018
CHESS. Clearing House Electronic Sub-register System. CLF. Committed Liquidity Facility. CNY. ... RITS. Reserve Bank Information and Transfer System. RMBS. residential mortgage-backed securities.
https://www.rba.gov.au/publications/annual-reports/rba/2018/abbreviations.html

Glossary

10 Sep 2012 RBA Annual Report – 2012
Reserve Bank Information and Transfer System. RMB. Renminbi. RMBS. Residential mortgage-backed securities.
https://www.rba.gov.au/publications/annual-reports/rba/2012/glossary.html

Abbreviations

25 Sep 2017 RBA Annual Report – 2017
CHESS. Clearing House Electronic Sub-register System. CLF. Committed Liquidity Facility. CPMI. ... RITS. Reserve Bank Information and Transfer System. RMBS. residential mortgage-backed securities.
https://www.rba.gov.au/publications/annual-reports/rba/2017/abbreviations.html

Financial Intermediation | Reserve Bank of Australia Annual Report - 1994

30 Jun 1994 Annual Report
For the moment, the main competition in terms of lower rates over the life of a mortgage, as distinct from “honeymoon” rates, is coming from outside the banking sector. ... Large insurance companies have offered mortgages at below the industry norm,
https://www.rba.gov.au/publications/annual-reports/rba/1994/fin-intermediation.html

Abbreviations

24 Oct 2016 RBA Annual Report – 2016
Committee on the Global Financial System (of the BIS). CHESS. Clearing House Electronic Sub-register System. ... RITS. Reserve Bank Information and Transfer System. RMBS. residential mortgage-backed securities.
https://www.rba.gov.au/publications/annual-reports/rba/2016/abbreviations.html

Abbreviations

16 Oct 2015 RBA Annual Report – 2015
Clearing House Electronic Sub-register System. CLF. Committed Liquidity Facility. CLS. Continuous Linked Settlement. ... RMB. renminbi. RM. Risk and Compliance Department. RMBS. residential mortgage-backed securities.
https://www.rba.gov.au/publications/annual-reports/rba/2015/abbreviations.html

Abbreviations

12 Sep 2014 RBA Annual Report – 2014
CGS. Commonwealth Government Securities. CHESS. Clearing House Electronic Sub-register System. CLF. ... Risk and Compliance Department. RMB. renminbi. RMBS. residential mortgage-backed securities. RTGS.
https://www.rba.gov.au/publications/annual-reports/rba/2014/abbreviations.html

Developments in Financial Intermediation | Reserve Bank of Australia Annual Report - 1996

31 Dec 1996 Annual Report
the success of mortgage managers in expanding their share of the home loans market. ... Mortgage managers accounted for about 9 per cent of the market for new loans, compared with 2 per cent two years ago.
https://www.rba.gov.au/publications/annual-reports/rba/1996/develop-fin-intermediation.html

Abbreviations

16 Oct 2013 RBA Annual Report – 2013
CGS. Commonwealth Government Securities. CHESS. Clearing House Electronic Sub-register System. CLF. ... RM. Risk Management Unit. RMB. Renminbi. RMBS. Residential mortgage-backed securities. RTGS.
https://www.rba.gov.au/publications/annual-reports/rba/2013/abbreviations.html