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Showing 81 - 90 of 105 results for "RMB"

Econocrats pour cold water on mortgage agency

The Australian government's two key economic agencies yesterday reiterated their view that the market for mortgage-backed securities would recover, and that there was no case for any form of government-sponsored mortgage funding agency. In his opening ...

Shaw grows business in shaky times

RUTH LIEW  |  THURSDAY, 14 AUG 2008
... equities and last month Mark Stewart joined as executive director of corporate finance. Stewart was previously at Deutsche Bank, RMB Australia and Deloittes. In addition, two key hires have been made in Melbourne. Daniel Sharp also joined as executive ...

RMBS market on brink of collapse

ALEX DUNNIN  |  THURSDAY, 31 JUL 2008
The RMBS market is in danger of collapsing and - without government intervention - consumers may be left at the mercy of the big banks as the only remaining mortgage lenders. "The RMBS market is dying on the vine," said Greg Medcraft, chief executive ...

Mortgage arrears hit all-time high

ALEX DUNNIN  |  THURSDAY, 19 JUN 2008
Arrears in Australia for securitised mortgages increased to 1.45 per cent during April, its highest ever recorded level, said Standard & Poor's Ratings Services (S&PRS). Securitised mortgages are those 20 per cent of mortgages where the funding is sourced ...

Canadian RMBS not the answer: S&P

RUTH LIEW  |  MONDAY, 12 MAY 2008
Australia's residential-backed mortgage securities (RMBS) market should be allowed to recover without the intervention of a government-backed agency, argues Standard & Poor's (S&P). Neither a nationalisation of Australia's market nor an adoption of ...

2020 Summit push for life long accounts

ALEX DUNNIN  |  TUESDAY, 22 APR 2008
The wealth management industry may have been left off the 2020 Summit's guest list but that doesn't mean we were left out of the Summit's final report. The initial report outlining the summit's outcomes contains two key recommendations that could have ...

Super funds to resurrect ailing RMBS

RUTH LIEW  |  MONDAY, 21 APR 2008
Investor interest in Australian residential mortgage backed securities (RMBS) has dropped from $45 billion last year to virtually zero early this year - but a model overhaul and cash injection from super funds could pull the sector out of the doldrums. ...

Investors want to unpack asset-backed transactions

WWW.THESHEET.COM  |  MONDAY, 3 DEC 2007
The securitisation industry needs to increase the level of transparency in its investor reporting to overcome scepticism about securitised products, the Reserve Bank has warned. RBA assistant governor Guy Debelle told the annual conference of the Australian ...

Two-thirds of RMBS bonds going to overseas investors

WWW.THESHEET.COM  |  TUESDAY, 13 FEB 2007
More than two-thirds of the $5.9 billion of mortgage backed securities the Commonwealth Bank plans to issue in the next couple of weeks will go into the portfolios of offshore investors. Aussie dollar securities are in demand overseas, especially since ...

Lo-doc lending headaches

Are lo-doc loans too high maintenance? While the Big Four banks have all jumped on the lo-doc bandwagon, consulting firm Deloitte said other finance groups are starting to question the business model behind non-conforming loans. Lo-doc loans or non-conforming ...