Eisenbeis, Robert A.; Horvitz, Paul M.; Cole, Rebel A. - Federal Reserve Board (Board of Governors of the … - 1996
This study analyzes the performance of Texas commercial banks specializing in mortgage lending during the late 1980s … concentrating in real estate lending. The results show that Texas real estate banks (REBs) performed very poorly during the 1980s … and early 1990s, but this was because the Texas REBs were clearly different from the majority of the banks classified as …