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
Economic Surveys
Banking Conditions Survey
Loan volume and demand continued to increase in February. The expansion in overall loan volume has been supported entirely by commercial real estate loans; residential real estate, consumer and commercial and industrial loan volumes have been declining since the end of 2025.
February 17, 2026
Dallas Fed Economics
Domestic banks are inelastic providers of marginal funding to repo markets
As system liquidity declines and rates of return rise, new types of participants enter repo markets as lenders, although some may not be able to reliably deploy cash in the early morning when markets are most active. The short tenor and early-morning timing of most private market repo transactions make domestic banks especially inelastic lenders in response to unanticipated demands for lending.
February 12, 2026
Dallas Fed Banking
Shift from utility to corporate financing for renewables presents risk
The increase in corporate power purchase agreements relative to utility PPAs means more opportunities for renewable energy developers, but it also presents higher counterparty and merchant tail risks for lenders involved in renewable energy project financing.
February 10, 2026
Dallas Fed Economics
How AI debt financing impacts duration supply and interest rates
Financing needs related to AI data center investments are likely to be large and persistent. While the overall economics of such investments remains a topic of much debate, the duration supply implications for U.S. interest rate markets have received less attention.
February 10, 2026