Southwest Economy
Banks face new challenges as Texas rebounds from COVID-19 shock
The banking industry faced significant challenges from the COVID-19 pandemic in 2020, with profitability declining to levels not seen since the 2008–09 financial crisis.
June 18, 2021
Economic Surveys
Banking Conditions Survey
Respondents in the Eleventh District financial sector were given an opportunity to comment on current issues that may be affecting their business.
May 17, 2021
Dallas Fed Economics
Private subprime mortgages challenged FHA during 2000s housing boom
Considerable research has been devoted to better understanding the meteoric rise of the PLS subprime mortgage market in the early-to-mid 2000s. But an important aspect has been largely ignored: The simultaneous decline in mortgage originations with Federal Housing Administration (FHA) insurance.
May 11, 2021
Economic Surveys
Banking Conditions Survey
Respondents in the Eleventh District financial sector were given an opportunity to comment on current issues that may be affecting their business.
March 29, 2021
Optimal Bailouts in Banking and Sovereign Crises
This paper finds that larger bailouts relax financial frictions and increase output but increase fiscal needs and default risk.
February 27, 2021
Dallas Fed Economics
Energy financing trends consistent with renewables’ growth
Equity markets appear to favor renewable-energy producers relative to their hydrocarbon counterparts. However, the relatively smaller size of many renewables projects complicates direct comparisons of bank lending to hydrocarbon and renewable entities.
February 23, 2021
Economic Surveys
Banking Conditions Survey
Respondents in the Eleventh District financial sector were given an opportunity to comment on current issues that may be affecting their business.
February 16, 2021
Dallas Fed Economics
COVID-19 exposes mortgage market vulnerabilities that led to volatility, Fed intervention
The COVID-19-induced financial market shock in March 2020 significantly disrupted the market for agency mortgage-backed securities.
February 02, 2021
Dallas Fed Economics
Does homeownership provide an escape from high rent burdens?
Many first-time homebuyers—often with little savings and vulnerable to economic shocks—obtain their mortgages through the Federal Housing Administration (FHA) loan program. Often, these borrowers are moving from apartments and have presumably weighed the costs of renting versus owning.
January 05, 2021
Economic Surveys
Banking Conditions Survey
Respondents in the Eleventh District financial sector were given an opportunity to comment on current issues that may be affecting their business.
December 28, 2020