Lynch vetoes payday loan legislation
Nashua Telegraph
The payday loan industry responded by closing more than 20 locations, laying off more than 150 employees and leaving the state. A spokesman for Advance America, a payday loan company, said Lynch's action would force New Hampshire residents to try to
Lynch vetoes bill that would allow interest rates to top 400% a yearThe Union Leader

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Mortgages Originated In 2010 And 2011 See Record Low Default Rates
Business Insider
The December Mortgage Monitor report released by Lender Processing Services shows mortgage originations continued their decline from 2011's September peak, down 10.1 percent from the month before. At the same time, those loans originated over the last

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TexasLending.com to Discuss Qualifying Consumers for Home Loans and Low
DigitalJournal.com (press release)
Kevin Miller, CEO and president of TexasLending.com, a Texas home loan and mortgage company specializing in Texas refinance loans and Texas home equity loans, and his co-hosts will discuss the myriad of disclosures and verifications that lenders are

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ABC News
Schneiderman: Objection resolved in mortgage deal
Wall Street Journal
AP ALBANY, NY — New York Attorney General Eric Schneiderman says there's been a resolution of one major objection to a proposed settlement between US states and the nation's biggest mortgage lenders over deceptive foreclosure practices.
Justice unit to probe mortgage-backed securitiesSacramento Bee
Details on intensified plan to root out mortgage-securities fraud Philadelphia Inquirer
Mortgage probe unveiled as foreclosure talks loomCNN
BusinessWeek -San Francisco Chronicle
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ABC News
Justice unit to probe mortgage-backed securities
Sacramento Bee
By PETE YOST AP WASHINGTON — Federal and state law enforcement officials announced Friday they have launched a fraud-fighting unit, starting with 55 prosecutors and investigators, to root out wrongdoing in the market for residential mortgage-backed
Schneiderman: Objection resolved in mortgage dealWall Street Journal
Details on intensified plan to root out mortgage-securities fraud Philadelphia Inquirer
Mortgage probe unveiled as foreclosure talks loomCNN
BusinessWeek -San Francisco Chronicle
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Tight-Fisted Mortgage Lenders Pressure Home Sales
WITN
Mortgage rates are at rock-bottom lows, making houses more affordable than they have been in decades. Yet home sales last year fell to the lowest levels since the government began keeping records in 1963. One big reason: mortgage bankers have gotten a

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Moneycontrol.com
Tight-Fisted Mortgage Lenders Pressure Home Sales
WITN
Mortgage rates are at rock-bottom lows, making houses more affordable than they have been in decades. Yet home sales last year fell to the lowest levels since the government began keeping records in 1963. One big reason: mortgage bankers have gotten a
Analysis: Banks expect to spend less on bad mortgagesReuters
Attack of the zombie mortgagesMSN Money
Bank of America Extends Drop in Mortgage RankingsBanktech
NEWS.GNOM.ES (press release)
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USA TODAY
Details on intensified plan to root out mortgage-securities fraud
Philadelphia Inquirer
By Alan J. Heavens Calling this a "make or break time for the middle class," HUD Secretary Shaun Donovan joined federal and state law enforcement officials Friday in detailing a plan to uncover fraud in the residential mortgage-backed-securities market
Justice unit to probe mortgage-backed securitiesSan Jose Mercury News
Mortgage probe unveiled as foreclosure talks loomCNN
Holder Announces Working Unit on Mortgage-Backed Bonds FraudBusinessWeek
Wall Street Journal -San Francisco Chronicle -MarketWatch
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Chicago-based Commercial Mortgage Firm Sets 100% Growth Goal for 2012
San Francisco Chronicle (press release)
Clopton Capital, a Chicago commercial mortgage provider is setting the aggressive goal of expanding by 100% in size and profit over the course of 2012. Clopton Capital, a Chicago commercial mortgage provider is setting the aggressive goal of expanding

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KGO-TV
Obama mortgage promise gives hope to homeowners
KGO-TV
SAN FRANCISCO (KGO) — Three years after the mortgage melt down, the Obama administration is still promising justice for financial firms that broke the law. But it's a promise the president has made before. The president is trying to restore faith in

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