Mortgage Loans Product Information
S&P reports fall In New Zealand residential loan arrears for June 2007 (27-Aug-2007)
... affordability to drop and thus increasing household debt vulnerability.The level of arrears on residential
mortgage loans underlying New Zealand subprime RMBS increased, rising to 15.27% in June 2007.Standard & Poor’s Mortgage ...
S&P affirms ratings on Allco Max Securities and Mortgage Trust notes (27-Aug-2007)
... is set up as a leveraged investment vehicle that invests in investment-grade rated instruments, including commercial
mortgage loans, asset-backed loans, Australian residential mortgage securities (RMBS), cash, and other short-term ...
Australian and New Zealand ABCP conduits not affected by U.S. residential mortgage exposure (24-Aug-2007)
... exposure. The conduits are exposed primarily to Australian-domiciled credit, including corporate debt, residential
mortgage loans, and asset-backed securities.Credit enhancement is provided at the pool level and in a variety of forms, ...
S&P affirms ratings on RAMS programs (17-Aug-2007)
... affirmed its ratings on the RAMS programs that issue extendible ABCP to fund Australian residential
mortgage loans originated by RAMS Home Loans Ltd. The notes on both programs were extended in the U.S. market on Aug. 15, 2007.The affirmation ...
Reverse mortgage brokers launches Fortus (31-Jul-2007)
... compared with 38% in 2005 and 17% in 2004.According to Fortus Chair, Craig Swan who has specializsed in reverse
mortgage loans since they become widely available in early 2005, there is no doubt reverse mortgages will continue grow in ...
Above Average residential loan servicer ranking to Unisys Credit Services (27-Jul-2007)
... group, with an initial focus on the Asia-Pacific region.UCS currently services more than A$13.7bn of residential
mortgage loans for RAMS Home Loans Pty Ltd. (RAMS), one of Australia’s large nonbank mortgage lenders.According to Standard ...
Standard & Poor reports a rise in New Zealand RMBS arrears for May 2007 (23-Jul-2007)
... to 1.44% in May 2007. This was the low level recorded since September 2005.The level of arrears on residential
mortgage loans underlying New Zealand subprime RMBS decreased, falling to 14.36% in May 2007.The report, New Zealand RMBS ...
Due diligence important for investors in Asia Pacific securitisation (18-Jul-2007)
... originators.The types of assets that have been securitised to date in Australia include: residential
mortgage loans vehicle and equipment loans and leases credit and charge card receivables trade receivables collateralised loan ...
New Zealand RMBS Arrears Statistics, for the month ending April. 30, 2007 (4-Jul-2007)
... Performance Index.This was the low point ever recorded by the index. The level of arrears on residential
mortgage loans underlying New Zealand subprime RMBS increased, rising to 15.08% in April 2007.The report, New Zealand RMBS Arrears ...
New Zealand records slight rise in RMBS arrears (19-Jun-2007)
... analysis of arrears and other performance statistics on loans underlying New Zealand RMBS.Residential
mortgage loans funded through RMBS now represent close to NZ$1.3bn, which is a small but growing proportion of the New Zealand residential ...