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Residential foreclosures in Texas depart from national trends

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Author Info
Wenhua Di
Abstract

Since 2005, mortgage delinquencies and foreclosures across the U.S. have escalated from historically low levels. In Texas, the number of foreclosures has been among the highest in the nation. However, Texas has the second-largest population among the 50 states and a large number of home mortgages. Its foreclosure rate as a percentage of total mortgages has not ranked high.

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File URL: http://dallasfed.org/ca/epersp/2008/2_2.cfm
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Publisher Info
Article provided by Federal Reserve Bank of Dallas in its journal E-perspectives.

Volume (Year): (2008)
Issue (Month): ()
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Handle: RePEc:fip:feddep:y:2008:n:2

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Related research
Keywords: Foreclosure ; Mortgage loans ; Texas ; Housing - Prices ; Subprime mortgage;

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This page was last updated on 2009-12-9.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.