COMMERCIAL FEDERAL BANK
Feds soften proposed bank loan limits BizJournals In a victory for the banking industry, federal regulators this week chose not to impose caps on banks' commercial real estate lending ability. Federal Home Loan Bank of Seattle Resumes Payment of Dividends Business Wire via Yahoo! Finance SEATTLE----The Board of Directors of the Federal Home Loan Bank of Seattle has declared a cash dividend of $2.2 million or $.10 per share. The third-quarter dividend, which will be paid in December 2006, represents approximately 24 percent of the bank's third-quarter 2006 GAAP net income of $9.1 million. Regulators issue final commercial real estate guidance BizJournals The four federal bank regulators on Wednesday issued long-awaited final guidances on commercial real estate lending. Regulators issue final commercial real estate guidance Orlando Business Journal The four federal bank regulators issued long-awaited final guidances Dec. 6 on commercial real estate lending. Thresholds set for oversight of bank loans Los Angeles Times Federal regulators issued guidelines Wednesday on the amount of commercial real estate loans that banks can hold without triggering greater oversight, a move widely opposed by small and mid-size banks. Domesticity Helping Bank Take on Citi New York Times Bank of America replaced Citigroup last month as the bank with the highest stock market valuation, but some expect Bank of America to pull ahead again. Confessed bank robber gets years in federal prison KTVA Anchorage An Anchorage man who robbed five financial institutions during the span of a month last summer will serve five years in federal prison. Fifty-eight-year-old Michael Gunnip was sentenced in U.S. District Court on five counts of bank robbery. He earlier pleaded guilty. Business People South Bend Tribune GOSHEN -- Deborah Wilson has been promoted to vice president and loan operations manager of Goshen Community Bank. She will oversee all loan operations, including ensuring that the bank is in compliance with all state and federal lending laws. Regulators clamp down on commercial real estate lending USA Today Federal regulators on Wednesday tightened oversight of commercial real estate lending, warning that many banks are carrying a high concentration of such loans. The regulators want to prevent any repeat of the 1980s, when the real estate market plummeted, taking many banks down with it. Federal Reserve's latest 2006 real estate report remains grim San Antonio Express News Housing markets generally remain on the decline, prices are falling in some areas, new-home construction is weak, the mortgage market is mixed and only a few areas show strong demand for owner-occupied housing, according to a federal report on a dozen U.S. regions.
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