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commercial foreclsoure crisis

US Bank Regulators: “Prudent” Commercial Loan Modifications

by Moe Bedard

* Regulators urge “prudent” commercial loan modifications
* Commercial real estate seen as trouble spot for banks

By Karey Wutkowski WASHINGTON, Oct 30 (Reuters) – U.S regulators on Friday encouraged banks to modify troubled commercial real estate loans, which are seen as a looming danger spot for the banking industry.
The regulators issued guidance to financial institutions and [...]

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