Fed steps up reviews of commercial loans at regional banks

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The Federal Reserve has stepped up its review of commercial real estate exposure at the country’s regional banks, CNBC’s Steve Liesman reported. The Fed will be looking at the banks’ distribution of construction, multi-family and hotel loans, as well as at loss rates and concentrations of assets. Sources told CNBC the Fed plans to continue its closer scrutiny of regional banks, but it is not yet known whether the Fed will run stress tests using the data it gathers.