Texas housing and mortgage update
Texas and other areas in the Eleventh District did not experience a drastic home appreciation or expansion of exotic mortgages in the lead-up to the recent recession; therefore, the region did not get into a mortgage crisis as severe as in some other parts of the nation (Figure 1). However, the region has not been immune to the consequences of the financial system turmoil and the economic slowdown.
Year of publication: |
2011
|
---|---|
Institutions: | Community Affairs Office |
Published in: |
e-Perspectives. - Federal Reserve Bank of Dallas. - 2011, 2, 1
|
Publisher: |
Federal Reserve Bank of Dallas |
Subject: | Mortgages | Foreclosure |
Saved in:
freely available
Saved in favorites
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