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Banks keep dumping bad development loans – Crain’s Chicago Business

loans - Google News Mar 10th, 2014 Loans.



Banks keep dumping bad development loans
Crain's Chicago Business
The percentage of delinquent Chicago-area land and construction loans held by banks hit 7.7 percent in the fourth quarter, down from 9.8 percent in the third quarter and 15.8 percent a year earlier, according to Trepp LLC, a New York-based research firm.

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