Search: Sub-prime mortgage

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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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The RBA's Response to Consultation on its Proposed RMBS Reporting Templates

29 Oct 2013 Consultations PDF 134KB
The draft requirements are outlined in Consultation on New Reporting Templates for Repo-Eligible Residential Mortgage Backed Securities. ... In the new template – RL020-21 (Conforming Mortgage, LMI Underwriting); RL081-84 (Credit Score, Credit Score
https://www.rba.gov.au/publications/consultations/201210-response-re-new-rmbs-reporting-templates/pdf/response-to-rmbs-reporting-templates-consultation.pdf

Central Clearing of Repos in Australia: A Consultation Paper

25 May 2015 Consultations PDF 389KB
Central Clearing of Repos in Australia: A Consultation Paper. March 2015. Contents. 1. Introduction 1. 2. The Australian Repo Market 4. Box A: ASX Collateral 7. Box B: The Swiss Value Chain 9. Box C: AOFM Stock Lending Facility 10. 3. Key Features
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/pdf/201503-central-clearing-of-repos-in-australia.pdf