Arrears fall in 2012

Loans underlying Australian prime residential mortgage-backed securities (RMBS) decreased by 9 basis points to 1.26 per cent in November 2012 when compared with the previous month.

According to a recent report by Standard & Poor's Ratings Services, this is the lowest level of arrears recorded since December 2010.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 11 February 2013