Think Banks Are Out of the Woods? Maybe Not – DealBook Blog – NYTimes.com
The problems are greatest in construction loans for single-family homes, where nearly 40 percent of the loans either are delinquent or have been written off as uncollectible. But they are also high in mortgage loans for single-family homes, where $1 in every $8 of loans is troubled.
via Think Banks Are Out of the Woods? Maybe Not – DealBook Blog – NYTimes.com.