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 Global Financial Environment
10 Sep 2008
FSR
– September 2008
Since July 2007, large financial institutions have reported around US$520 billion of writedowns, mostly related to holdings of sub-prime mortgage-backed securities, CDOs backed by sub-prime securities and exposures ... While the writedowns and losses
https://www.rba.gov.au/publications/fsr/2008/sep/global-fin-env.html
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
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
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
The Importance of Financial Literacy
25 Aug 2008
Speech
Address by Keith Hall to Conference on Deepening Financial Capacity in the Pacific Region, Sydney
https://www.rba.gov.au/speeches/2008/sp-ag-250808.html
The Financial Cycle and Recent Developments in the Australian Financial System
13 Aug 2008
Speech
Speech by Philip Lowe to the 6th Annual Retail Financial Services Forum, Sydney
https://www.rba.gov.au/speeches/2008/sp-ag-130808.html
List of graphs
10 Aug 2008
SMP
– August 2008
Graph 12: US Sub-prime Delinquencies by Vintage. ... Graph 21: US Issuance of Mortgage-backed Securities.
https://www.rba.gov.au/publications/smp/2008/aug/graphs.html
International and Foreign Exchange Markets
10 Aug 2008
SMP
– August 2008
Delinquencies and foreclosures for both sub-prime and prime loans rose further in the first quarter of 2008 (Graph 11) and data released since the last Statement indicate that delinquency rates ... Reflecting the credit turmoil, mortgage rates remain
https://www.rba.gov.au/publications/smp/2008/aug/intl-fx-mkts.html
Recent Debt Market Developments
28 Jul 2008
Speech
Speech by Guy Debelle to the Debt Markets 2008 Summit, Sydney
https://www.rba.gov.au/speeches/2008/sp-ag-280708.html
Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference – 2008
14 Jul 2008
Conferences
This section provides a benchmark against which to compare previous episodes to the sub-prime crisis. ... By 2007 there was a growing realisation of potential losses on sub-prime mortgages (that is, credit risk) as US house prices fell and defaults
https://www.rba.gov.au/publications/confs/2008/davis.html