WASHINGTON

Federal Reserve Board Governor Laurence Meyer said that regulators should consider publicly disclosing examination ratings. Page 2

The turnover rate at state banking commissions is higher than normal because of politics, retirements, and the lure of the private sector. Page 2

REGIONAL

Washington Mutual says its effort to introduce its brand in California and Florida is succeeding. Page 5

INVESTMENT PRODUCTS

Jackson National Life developed a simplified term insurance product, for sale through banks only, that offers bank customers a level premium for 10, 15, or 20 years without a medical exam. Page 9

COMMUNITY

Bankers say a Federal Home Loan bank's mortgage financing program is helping them cut loan prices and compete with larger lenders. Page 10

MORTGAGES

A veteran mortgage executive, Gregory Barmore, has been named chairman of a start-up company, LoanNet LLC. The former chairman of GE Capital Mortgage will run the Washington-based application processor to provide a "more reliable ... way to process loans from application through closing." Page 11

The market for private-label mortgage-backed securities, buoyed by low interest rates and the financial stability of issuers, is on track for another strong year, Moody's Investors Service said. Page 11

CARDS

Cartel Network completed its fourth year looking like less of an upstart, with 60 participating financial institutions, 40 more on the way, and thousands of service locations. Page 14

DIGITAL FRONTIERS

ELECTRONIC COMMERCE: Xcert International, a data encryption supplier to the American Bankers Association, is enhancing its public key infrastructure technology. Page 15

TECHNOLOGY

If it makes no other mark on the Internet payments industry, GlobeID Software of Paris will get high grades for persistence. Page 16

CORPORATE FINANCE Page 25

MARKETS

The recent stock market rally bypassed big West Coast thrifts, some analysts complain. Back page

Fed Chairman Alan Greenspan told fellow centralbankers in Hong Kong that any U.S. economic slowdown will be fairly mild, the Bank for International Settlements said. Back page

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