Prime Australian RMBS Arrears Seen Rising

27 Jan 2010

Standard & Poor’s predicts that arrears in Australian prime residential mortgage-backed securities are likely to rise in coming months following an interest rate hike implemented in October by the Reserve Bank of Australia.

Standard & Poor’s predicts that arrears in Australian prime residential mortgage-backed securities are likely to rise in coming months following an interest rate hike implemented in October by the Reserve Bank of Australia. According to S&P, arrears are still low compared with those in the U.S. and the ...

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