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Federal Reserve Bank of Dallas
Southwest Economy
Spotlight: Texas subprime mortgages: metros vary on risky loans--and delinquencies
Wenhua Di
Anil Kumar

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.

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Wenhua Di & Anil Kumar, "Spotlight: Texas subprime mortgages: metros vary on risky loans--and delinquencies" , Federal Reserve Bank of Dallas, Southwest Economy, issue Q1, pages 7-, 2009.
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Keywords: Mortgage loans ; Subprime mortgage ; Economic conditions - Texas ; Metropolitan areas ; Foreclosure
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