'Managing risk' in the delivery of housing finance: Australia's mortgage lenders

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.3/224406

Title: 'Managing risk' in the delivery of housing finance: Australia's mortgage lenders
Author(s): Tomlinson, Mary R.
Abstract: This paper examines recent work by the Reserve Bank of Australia (RBA), financial sector representative and regulatory bodies and academics focusing on the extension of housing finance in Australia over the past two decades. It aims to explore how the financial sector, primarily Australia’s four main banks and a class of nonbank mortgage lenders, was able to significantly expand the scale of housing finance delivery during this period. It seeks to examine a range of factors, for example, financial deregulation, increased competition amongst mortgage lenders, innovation and relaxation in lending practices, and how these factors affected the way mortgage lenders 'managed the risks' that resulted from this new form of lending.
Publication type: Journal article
Source: Housing Finance International, (Spring 2012), pp. 41-46
Publication year: 2012
FOR Code(s): 1502 Banking, Finance and Investment
Keyword(s): Australia; Banking; Financial sector; Housing finance; Housing market; Mortgage lenders; Mortgage loans
Publisher: International Union for Housing Finance
ISSN: 1534-8784
Publisher URL: http://www.housingfinance.org/publications/housing-finance-international