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1–10 of 82 search results for 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.

The Limits of Interest-only Lending

9 May 2018 Speech PDF 326KB

While interest-only loans have a role to play in Australian mortgage finance, their valuehas limits. ... 8]. For example, Shapiro J and Greber J (2017), The Australian Financial Review, ‘Interest-only loans could be'Australia's sub-prime’, available

https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-04-24.pdf

The Evolving Financial Situation

18 Mar 2010 Speech PDF 167KB

Asset-backed markets were where concerns first arose, particularly securities backed by US sub-prime housing loans. ... They did not have material holdings of, or exposure to, the securities backed by US mortgages.

https://www.rba.gov.au/speeches/2010/pdf/sp-ag-160210.pdf