The Guardian
MP presses for cap on charges for 'payday' loans
The Guardian
Amid evidence that the recession is forcing more affluent people to take out emergency loans, Stella Creasy will on Monday press the government to give the Financial Conduct Authority powers to cap the charges levied by payday loan companies.

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Mortgage and Securitization Fraud: Where Is the Task Force?
Huffington Post (blog)
There was an epidemic of mortgage fraud that was identified by the FBI as early as 2004. The general story was that the big subprime issuers were pushing their agents to issue as many mortgages as possible, because they knew that they could sell almost
HUD Secretary Shaun Donovan Announces to National People's Action New Director eNews Park Forest

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TEXT-S&P cuts 3 Criimi Mae Commercial Mortgage 1998-C1 ratings
Reuters
May 21 – OVERVIEW — We lowered our ratings on three classes from Criimi Mae Commercial Mortgage Trust's series 1998-C1 and removed them from CreditWatch with negative implications. — At the same time, we affirmed our ratings on two other classes from

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LPS "First Look" Mortgage Report: April Month-End Data Shows Delinquencies
MarketWatch (press release)
JACKSONVILLE, Fla., May 21, 2012 /PRNewswire via COMTEX/ — Lender Processing Services, Inc. (NYSE:LPS) , a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" at
Delinquencies Rise for the First Time in Nine MonthsNational Mortgage Professional Magazine
LENDER PROCESSING SERVICES, INC. : LPS "First Look" Mortgage Report: April 4-traders

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LPS "First Look" Mortgage Report: April Month-End Data Shows Delinquencies
MarketWatch (press release)
JACKSONVILLE, Fla., May 21, 2012 /PRNewswire via COMTEX/ — Lender Processing Services, Inc. (NYSE:LPS) , a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" at
Delinquencies Rise for the First Time in Nine MonthsNational Mortgage Professional Magazine
LENDER PROCESSING SERVICES, INC. : LPS "First Look" Mortgage Report: April 4-traders

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First Trust Mortgage Income Fund Declares Its Monthly Common Share
MarketWatch (press release)
WHEATON, Ill., May 21, 2012 (BUSINESS WIRE) — First Trust Mortgage Income Fund (the "Fund") (NYSE:FMY) has declared the Fund's regularly scheduled monthly common share distribution payable on June 15, 2012 to shareholders of record as of June 5, 2012.

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KSDK
Ill. county sues mortgage lenders, claiming fraud
CBS News
BELLEVILLE, Ill. — An Illinois prosecutor is suing 22 local and national banks and mortgage companies, accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should have been collecting.
St. Clair County prosecutors sues 22 mortgage lenders, alleging deception and Chicago Tribune
St. Clair County sues banks over "shadowy" mortgage databaseKSDK
St. Clair County sues 22 banks, claiming they evaded fees and filing requirementsBelleville News Democrat

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KSDK
Ill. county sues mortgage lenders, claiming fraud
CBS News
BELLEVILLE, Ill. — An Illinois prosecutor is suing 22 local and national banks and mortgage companies, accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should have been collecting.
St. Clair County prosecutors sues 22 mortgage lenders, alleging deception and Chicago Tribune
St. Clair County sues banks over "shadowy" mortgage databaseKSDK
St. Clair County State's attorney, Recorder sue banks over mortgage transfersMadison County Record

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KSDK
Ill. county sues mortgage lenders, claiming fraud
CBS News
BELLEVILLE, Ill. — An Illinois prosecutor is suing 22 local and national banks and mortgage companies, accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should have been collecting.
St. Clair County prosecutors sues 22 mortgage lenders, alleging deception and Chicago Tribune
St. Clair County sues banks over "shadowy" mortgage databaseKSDK
St. Clair County State's attorney, Recorder sue banks over mortgage transfersMadison County Record
Belleville News Democrat -KMOV.com
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30-Year Mortgage Rates at New Record Lows, Regent Property Group Continues to
San Francisco Chronicle (press release)
With home mortgage rates at historically low levels and housing supply tightening, the Austin, Texas real estate market is proving opportune for buyers and sellers in both the median price range and the Austin luxury home market.

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