WASHINGTON — Federal regulators warned Tuesday that banks risk repeating an old sin by becoming too dependent on commercial real estate loans in metropolitan markets on the verge of overdevelopment.

The Federal Deposit Insurance Corp.’s latest Regional Outlook, a quarterly analysis of regional economic trends that could affect the banking industry, reported that banks and thrift lending to commercial developers surged 27% in 1999. That followed a 21% jump in 1998.

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