In a just-revealed presentation to banking regulators last month, the Fed lamented that U.S....

|By:, SA News Editor

In a just-revealed presentation to banking regulators last month, the Fed lamented that U.S. banks are slow to book losses on commercial real-estate loans, and suggested regulators are bracing for a rerun of the home-lending breakdown: "Banks will be slow to recognize the severity of the loss - just as they were in residential."