News Release 2006-29 | March 9, 2006

Agencies Extend Comment Period on Interagency Guidance On Concentrations in Commercial Real Estate Lending

Joint Release

Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of Thrift Supervision

The federal financial regulatory agencies today extended the comment period on the proposed guidance on Concentrations in Commercial Real Estate Lending, Sound Risk Management Practices. Today’s action was prompted by requests from some commenters to extend the comment period. The comment period will be extended for 30 days to April 13, 2006 from the previous date of March 14, 2006.

Media Contacts:

OCCDean DeBuck(202) 874-5770
Federal ReserveDeborah Lagomarsino(202) 452-2955
FDICDavid Barr(202) 898-6992
OTSChris Smith(202) 906-6677

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