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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Accountability and Communication
16 Oct 2013
RBA Annual Report
– 2013
In the past year, these issues included households' mortgage prepayment buffers, the funding composition of Australian banks, Australian banking activity in Asia and the financial conditions of companies servicing the mining
https://www.rba.gov.au/publications/annual-reports/rba/2013/accountability.html
Note 1 | Financial Statements
10 Sep 2012
RBA Annual Report
– 2012
dollar domestic residential and commercial mortgage-backed securities, asset-backed commercial paper and corporate securities.
https://www.rba.gov.au/publications/annual-reports/rba/2012/fin-statements/note-1.html
Operations in Financial Markets
12 Apr 2020
RBA Annual Report
– 2020
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised Residential Mortgage-backed Securities (RMBS). ... the residential mortgage loans and the
https://www.rba.gov.au/publications/annual-reports/rba/2020/operations-in-financial-markets.html
Operations in Financial Markets
17 Oct 2019
RBA Annual Report
– 2019
Securities issued by authorised deposit-taking institutions (ADIs), such as bank bills and bonds, and residential mortgage-backed securities (RMBS) are also eligible for repo in the Reserve Bank's OMO. ... the residential mortgage loans and the
https://www.rba.gov.au/publications/annual-reports/rba/2019/operations-in-financial-markets.html
Payments System Board
14 Sep 2017
PSB Annual Report
– 2017
Director – Mortgage Choice and Chair of Investment Committee – Mortgage Choice Finance Planning.
https://www.rba.gov.au/publications/annual-reports/psb/2017/payments-system-board.html
Operations in Financial Markets
25 Sep 2017
RBA Annual Report
– 2017
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised residential mortgage-backed securities (RMBS). ... The required data include key information
https://www.rba.gov.au/publications/annual-reports/rba/2017/operations-in-financial-markets.html
Accountability and Communication
12 Sep 2014
RBA Annual Report
– 2014
During the year in review, these issues included discussion of self-managed superannuation funds and mortgage insurance, drivers of profit in the Chinese banking system and falls in non-performing loans
https://www.rba.gov.au/publications/annual-reports/rba/2014/accountability.html
Note 1 – Accounting Policies | Financial Statements
29 Aug 2011
RBA Annual Report
– 2011
dollar domestic residential and commercial mortgage-backed securities, asset-backed commercial paper and corporate securities.
https://www.rba.gov.au/publications/annual-reports/rba/2011/fin-statements/note-1.html
Risk Management
4 Sep 2008
RBA Annual Report
– 2008
of bank bills, residential mortgage-backed securities (RMBS) and asset-backed commercial paper (ABCP). ... These criteria include high credit ratings and, in the case of RMBS and ABCP, mortgage insurance and a limit on funds provided against low-doc loans
https://www.rba.gov.au/publications/annual-reports/rba/2008/risk-mgmt.html
Operations in Financial Markets
20 Sep 2018
RBA Annual Report
– 2018
Securities issued by banks, such as bank bills, bonds and residential mortgage-backed securities (RMBS), are also eligible for repo in the Reserve Bank's OMO. ... the residential mortgage loans and the underlying collateral backing the RMBS structures.
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html