Spotlight: Texas subprime mortgages: metros vary on risky loans--and delinquencies
Wenhua Di and
Anil Kumar
Southwest Economy, 2009, issue Q1, No 1, 7
Abstract:
The current financial crisis has brought a severe decline in subprime mortgage lending. Like the nation, Texas and its metros still have exposure to existing loans. Housing prices, unemployment and overall economic activity will play a significant part in determining how many of them run into trouble.
Keywords: Subprime mortgage; Metropolitan areas; Economic conditions - Texas; Foreclosure; Mortgage loans (search for similar items in EconPapers)
Date: 2009
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