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Spotlight: Texas subprime mortgages: metros vary on risky loans--and delinquencies

Author

Listed:
  • Wenhua Di
  • Anil Kumar

Abstract

The current financial crisis has brought a severe decline in subprime mortgage lending. Like the nation, Texas and its metros still have exposure to existing loans. Housing prices, unemployment and overall economic activity will play a significant part in determining how many of them run into trouble.

Suggested Citation

  • Wenhua Di & Anil Kumar, 2009. "Spotlight: Texas subprime mortgages: metros vary on risky loans--and delinquencies," Southwest Economy, Federal Reserve Bank of Dallas, issue Q1, pages 1-7.
    • Handle: RePEc:fip:feddse:y:2009:i:q1:p:7:n:1
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    File URL: http://dallasfed.org/assets/documents/research/swe/2009/swe0901d.pdf
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