The FTA in conjunction with Standard & Poor’s are holding a series of forums to present the latest information and trends on Australia’s property sector and diversification of funding and trends in property financing. Topics to be covered include: Outlook for the property sector Debt refinancing challenges for REITs What property sub-sectors may experience increased [...]
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Australian RMBS Arrears Remain Low Amid Sound Housing Market And Economic Outlook
While the losses on various RMBS vintages continue to rise, they still remain low in absolute levels, as shown in the latest issue of the Australian RMBS Performance Watch. Loans that are in arrears by more-than-30 days were 1.80% in May 2011, as measured by the Standard & Poor’s Australian prime mortgage performance index (SPIN). [...]