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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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Statement on Monetary Policy - February 2008

19 Feb 2008 SMP PDF 627KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/feb/pdf/0208.pdf

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

Introduction

10 May 2007 SMP – May 2007
There remain uncertainties over the US outlook, particularly relating to developments in the sub-prime mortgage market, but the indications to date are that the spillover from the housing downturn has
https://www.rba.gov.au/publications/smp/2007/may/intro.html

5 February 2008 | Minutes of the Monetary Policy Meeting of the Board

19 Feb 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 February 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/05022008.html

Box D: Banks’ Funding

9 Nov 2007 SMP - November 2007 PDF 43KB
https://www.rba.gov.au/publications/smp/2007/nov/pdf/box-d.pdf

Statement on Monetary Policy - August 2008

7 Aug 2008 SMP PDF 581KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/aug/pdf/0808.pdf

Statement on Monetary Policy - May 2008

9 May 2008 SMP PDF 626KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/may/pdf/0508.pdf

6 November 2007 | Minutes of the Monetary Policy Meeting of the Board

5 Dec 2007 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 November 2007
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2007/06112007.html

International Economic Developments

10 Aug 2007 SMP – August 2007
While mortgage repayment distress has been largely contained to the sub-prime market, conditions may deteriorate further as some loans are reset to higher interest rates over the coming year (for ... more details on recent developments in the US
https://www.rba.gov.au/publications/smp/2007/aug/intl-eco-dev.html

Introduction

10 Nov 2007 SMP – November 2007
Global financial markets have experienced a period of significant volatility over the past three months, as the strains emanating from the sub-prime debt market in the US spilled over, particularly ... In recent weeks, a number of mortgage-backed
https://www.rba.gov.au/publications/smp/2007/nov/intro.html