New England banks are currently suffering from problems similar to those that caused the demise of many Texas banks. In … on to repeat the Texas experience. The author finds that New England does not suffer from construction "overhang" to the … same extent as Texas. Furthermore, the New England economy is more diversified, and can be expected to experience a more …

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 …