Southwest Economy
COVID-19, oil price collapse dimming outlook for banks in 2020
Eleventh District banks face challenges from instability in the energy sector and economic fallout from the COVID-19 pandemic.
June 23, 2020
Dallas Fed Economics
CARES Act likely to blunt mortgage delinquency rate increase
Household survey data and recent unemployment forecasts provide a basis for estimating the share of mortgage borrowers that—absent the CARES Act—would have missed a mortgage payment due to the economic shutdown.
May 26, 2020
Dallas Fed Economics
How falling oil prices in early 2020 weakened the U.S. economy
The benchmark West Texas Intermediate (WTI) price of oil dropped by more than half from Jan. 21 to April 3. This oil price decline has weakened rather than strengthened the U.S. economy, making this event different from past episodes of falling oil prices.
May 19, 2020
Economic Surveys
Banking Conditions Survey
The Eleventh District financial sector continued to show signs of strain, according to respondents to the most recent Banking Conditions Survey.
May 11, 2020
Economic Surveys
Banking Conditions Survey
The Eleventh District financial sector is showing signs of strain, according to respondents to the most recent Banking Conditions Survey.
April 01, 2020
Dallas Fed Economics
Ability to repay a mortgage: Assessing the relationship between default, debt-to-income
The Consumer Financial Protection Bureau has announced that it intends to change the definition of a “qualified mortgage.” Specifically, the CFPB proposes to reconsider the use of a borrower's debt-to-income ratio as a measure of the ability to repay a loan.
March 24, 2020
Economic Surveys
Banking Conditions Survey, March 2020
The Eleventh District financial sector shows continued expansion, according to respondents to the most recent Banking Conditions Survey.
March 04, 2020
Dallas Fed Economics
The long road to housing finance reform: 'Are we there yet?'
Over the past decade, broad-based legislative reforms for housing finance have proven elusive. However, reflecting lessons from the financial crisis, a political consensus has emerged on how Fannie Mae and Freddie Mac should operate.
February 04, 2020
Economic Surveys
Banking Conditions Survey, January 2020
The Eleventh District financial sector continues to expand, according to respondents to the most recent Banking Conditions Survey.
January 15, 2020
Dallas Fed Economics
After the bust, the long road to housing finance reform
The Treasury recently released a plan proposing several administrative and legislative changes aimed at returning Fannie Mae and Freddie Mac to the private sector after more than a decade of federal control.
January 14, 2020