Home Construction Loan Basics http://personalfinanceresources.com/132/home-co... Get the basics on a home construction loan, how it works, and best practices when looking for financing to build your new home, or repair a home you want to buy.
Philadelphia Foreclosures for Sale Drop, Defaults Loom http://www.bankforeclosuressale.com/wp/article-... Philadelphia foreclosures for sale dropped in number in October, but defaults on residential construction mortgage loans loomed as more banks report on their problem loans. Abington Bancorp has the highest percentage of bad mortgage loans in the region.