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Problems from LaSalle’s construction portfolio push delinquencies higher
INSIDE FINANCIAL SERVICES - BY BECKY YERAK
July 4, 2008
Problem loans inherited from LaSalle Bank are driving up delinquencies in Bank of America Corp.’s construction portfolio, according to Foresight Analytics LLC.
LaSalle “contributed a significant amount of problem loans” to BofA’s construction portfolio in the first quarter, Matt [...]