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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Recent Influences on the Competitive Environment | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector |…
6 Sep 2017
Submissions
It was used by a new class of mortgage lenders, known as mortgage originators, as well as smaller ADIs. ... As a result of the US sub-prime crisis, there was a reappraisal of the risks of investing in securitised products globally, and this also affected
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/recent-influences-on-the-competitive-environment.html
Joint RBA-APRA Submission to the Inquiry into Home Lending Practices and Processes – August 2007 | Housing and Housing Finance | Submissions
8 Aug 2007
Submissions
Joint RBA-APRA Submission to the Inquiry into Home Lending Practices and Processes – August 2007
https://www.rba.gov.au/publications/submissions/housing-and-housing-finance/inquiry-home-loan-lending-practices-and-processes/
Trends in Lending | Submission to the Inquiry into Competition within the Australian Banking Sector – November 2010 | Financial Sector |…
30 Nov 2010
Submissions
There were very few mortgages offered that were similar to the US sub-prime mortgages. ... As a result, sub-prime equivalent mortgages now account for less than 1 per cent of the stock of housing loans outstanding.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-within-australian-banking-sector-2010/trends.html
Housing Finance | Submission to the inquiry into Competition in the Banking and Non-Banking Sectors – July 2008 | Financial Sector |…
10 Jul 2008
Submissions
one of the factors that contributed to the sub-prime problems. ... The relatively low credit risk historically associated with Australian prime mortgages, together with strong longer-term demand for highly rated bonds from institutional investors,
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-in-banking-and-non-banking-sector/housing-finance.html
Competition, Efficiency and Innovation in Banking | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
In Australia, the arrival of mortgage originators led to a marked decline in spreads to the cash rate on mortgages. ... Following the onset of the US sub-prime crisis, there was a reappraisal of the risks associated with investing in securitised products.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/competition-efficiency-and-innovation.html
Deposits, Mortgages and SME Lending | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
However, over the past few years banks have reassessed their approach to the risks in mortgage lending. ... The typical Australian mortgage offered by the major banks is priced with reference to a benchmark standard variable rate (SVR).
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/deposits-mortgages-and-sme-lending.html
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
14 Jun 2023
Submissions
from November 2020, for mortgages and personal loans.
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html
Report to the Inquiry into Competition in the Banking and Non-Banking Sectors – May 2009 | Financial Sector | Submissions
7 May 2009
Submissions
Report to the Inquiry into Competition in the Banking and Non-Banking Sectors - 7 May 2009
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-report-2009-05/
List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
23. Chattel mortgage. 20. Unsecured Bank loan. 17. Vendor financing. 8.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html
Submission to the Inquiry into Affordable Housing–February 2014 | Housing and Housing Finance | Submissions
1 Feb 2014
Submissions
Graph 12. Available evidence suggests that financial stress among households with mortgages is not widespread. ... By implication, these households' required mortgage repayments are affordable given their current financial circumstances.
https://www.rba.gov.au/publications/submissions/housing-and-housing-finance/inquiry-affordable-housing/