Some banks may be letting big profits go to their heads by dropping lending standards, according to the Reserve Bank of Australia.
In its submission to the Financial System Inquiry (FSI), the Australian Bankers’ Association Inc. (ABA) has called for the government to s...
The Bank of England (BoE) has urged banks to consider the risk of future spikes in interest rates when approving mortgages and is preparing to rein in dangerous lending.
Bloomberg has partnered with Perpetual to offer investors a 'deep-dive' analysis of Australian residential mortgage-backed securities (RMBS).
One of the biggest trending stories last month on CNNMoney was that subprime mortgages – or low-doc loans – were making a comeback.