Dallas Fed Economics
Options for reducing the size of the Fed’s balance sheet
Some observers have argued that the Federal Reserve’s balance sheet is too large and complicates the central bank’s operations. We catalog options for reducing the Fed’s major liabilities, which help determine the size of the balance sheet, as well as a framework for assessing the costs and benefits of those options.
April 02, 2026
Economic Surveys
Banking Conditions Survey
Loan volume and demand notably accelerated in March. The upward momentum was driven by real estate loans, especially commercial real estate.
March 30, 2026
Dallas Fed Banking
Eleventh District banks hold fewer loans to non-banking firms compared with peers
Recent high-profile bankruptcies of firms relying on private credit financing have raised concerns that relatively opaque and riskier credit could hide broader systemic risk. Several banks announced asset write-downs from exposure to these bankruptcies.
March 25, 2026
Dallas Fed Economics
Home insurance premiums influence mortgage delinquencies, relocations
The rise in homeowners insurance premiums since the pandemic is not just a pricing issue; it is a growing source of financial stress, inequality and geographic sorting.
March 24, 2026
Southwest Economy
Texas multifamily housing yet to stabilize; downside risks remain
A fair amount of excess supply remains in some markets, and new properties are facing longer lease-up timelines.
March 23, 2026
Dallas Fed Banking
Community Banks Play Important Role for Rural Eleventh District Communities
Many of the Eleventh District’s rural counties rely on community bank branches, particularly in Texas and Louisiana. These rural areas are important to the production and support of the cattle, agricultural and energy industries for the district, the U.S. and the world.
March 20, 2026
Working Paper
Social Network and Sentiment Contagion: Evidence from the Bitcoin Market
This paper introduces a novel measure of contagion intensity that significantly forecasts Bitcoin volatility, trading volume and market crashes.
March 02, 2026
Current Banking Risks
Current Banking Risks
Commercial real estate, interest rates and cybersecurity are current risks for banks in the Eleventh District, per fourth quarter 2025 data.
March 02, 2026
Working Paper
Investing in the Shadows: FinTech Growth and Mortgage Market Dynamics
The adoption of new technologies is widely viewed as a key driver of the rapid growth of nonbanks in the U.S. mortgage market after the Global Financial Crisis (GFC). This paper studies technology investment by mortgage lenders and its implications for post-GFC market structure.
February 23, 2026
Dallas Fed Banking
Keeping bank depositors still comes down to rates
How does a bank attract deposits and remain competitive when rates fluctuate and depositors are increasingly mobile? Managing the bank deposit franchise is a cornerstone of bank profitability and stability, and doing so has been challenging during the rapid rise in interest rates in 2022 and the subsequent regional banking turmoil.
February 19, 2026