The Wall Street Journal

Russ Ruhnke, senior vice president overseeing lending to homebuilders

At Associated Banc-Corp., a Green Bay, Wisc.-based bank operating in several Midwest states, requests for home construction and development loans are “moving up significantly,” said Russ Ruhnke, a senior vice president overseeing lending to homebuilders for the bank. Russ Ruhnke said Associated has seen a modest increase in applications for loans to build entry-level and first-time housing and significantly more applications for land acquisition and development, some in the far-flung suburbs.

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