WASHINGTON The Senate Banking Committee is expected to approve a bill to force lenders to cancel mortgage insurance when homeowners pay off 20% of a loan. Page 2 REGIONAL BANKING Bank of New York's bid to boost its ownership of State Street Boston is likely to get support from the Fed, analysts say. Page 4 First Union has signed on to a "substantial" five-year sponsorship deal with the Atlanta Braves baseball team. Page 5 COMMUNITY BANKING A Georgia bank's bitter proxy fight--led by its two ousted founders o ended after shareholders rejected the pair's pleas for change. Page 6 For a variety of reasons, the "perfect CEO" can suddenly turn into a dud, Paul Nadler writes. Page 6 INVESTMENT PRODUCTS Revenues generated by corporate sweep accounts have nearly doubled in each of the last two years. Page 7 INSURANCE: First of America just bought another agency specializing in sales of property and casualty policies. Page 8 MARKET MONITOR Richard Syron, chairman of the American Stock Exchange, says plans to price stocks in ever smaller increments should appeal to the financially fastidious banking community. The Amex has been challenging the Nasdaq market for a bigger share of bank stock listings. Page 22 News of a $20 million first-quarter loss at Advanta sent shares of credit card banking companies sharply lower. Page 21 MORTGAGES Temple-Inland has signed a letter of intent to buy Minneapolis' Knutson Mortgage. Page 10 Fannie Mae is "on course" to meet its goal of delivering $1 trillion of financing by yearend 2000 to lower-income groups. Page 11 CREDIT/DEBIT/ATMs Because credit cards are increasingly used for convenience, not financing, the consumer debt burden isn't nearly as worrisome as government figures suggest, according to a new study for MasterCard. Page 14 FORD's Associates First Capital has settled with the marketing firm that sued it over a rewards program. Page 14 TECHNOLOGY A First Union vice president is teaching what may be the nation's first course in electronic commerce specifically for bankers. Page 16 Wall Street's love-hate obsession with the Internet has taught technology companies that hype is no substitute for realism. Page 17
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