31 Accused in Florida of Falsifying Home Loans (NYTimes.com via Yahoo! Finance)
Federal prosecutors said they uncovered a mortgage fraud scheme involving at least 28 properties in South Florida and fraudulent loans totaling more than $14.2 million.

Federal agents charge 31 people in mortgage loan fraud (Sun-Sentinel)
Federal officials in Miami announced charges Monday against 31 people accused of participating in a scheme to illegally obtain mortgage loans worth roughly $14 million.

Nine people, one company indicted in mortgage fruad (KTVA Anchorage)
A federal grand jury has indicted nine people and one corporation in a $1.7 million fraud scheme. The U.S. Attorney's office says those indicted engaged in a three-year scheme to defraud some 13 banks and home loan mortgage companies in 57 different loan transactions.

Feds indict 31 in mortgage-loan scheme (Sun-Sentinel)
Federal officials announced charges Monday afternoon against 31 people accused of participating in a scheme to obtain fraudulent mortgage loans worth roughly $14 million.

Mortgage crunch hitting Midwest (The Charlotte Observer)
Michigan and Ohio share with Florida and California some of the nation's highest rates of foreclosed homes and delinquent mortgages. But the reasons for their woes are as different as their climates. Battered by a declining manufacturing base, stagnant population growth and low demand for housing, Michigan and Ohio rank No. 1 and 2 on mortgage finance company Fannie Mae's list of states with the ...

• Federal Investigation Nets 31 For Mortgage Fraud (Turks.US)
Thirty-one defendants have been charged by federal prosecutors in a multimillion-dollar mortgage scam that stretched from Miami to Marco Island, two weeks after Miami-Dade County officials announced its own round of arrests for alleged home loan fraud.

Mortgage Fraud Bust Nets Husband And Wife Arrests (CBS4 Miami)
Mortgagees who inflate the numbers when applying for a home loan, in order to cash in on a profit are the new target of the U.S. Attorney's Office in South Florida, and if you are one of the people who facilitate this, you too may be in trouble.

Mortgage Mess: Michigan and Ohio rank No. 1 and 2 on list of states with largest credit losses (Winston-Salem Journal)
Michigan and Ohio share something with Florida and California - some of the nation's highest rates of foreclosed homes and delinquent mortgages. The reasons for their woes are as different as their climates. Battered by a declining manufacturing base, stagnant population growth, and low demand for housing, Michigan and Ohio rank No. 1 and 2 on mortgage-finance company Fannie Mae's list of states ...

Fed targets mortgage abuse as housing woes mount (AFP via Yahoo! News)
The Federal Reserve proposed tough new rules Tuesday in a broad crackdown on abusive mortgage lending practices almost two years into one of America's worst housing downturns in decades.

Fed proposes new rules to clean up mortgage lending (AFP via Yahoo! News)
Federal Reserve chairman Ben Bernanke said Tuesday that the central bank was proposing new rules to clean up mortgage lending which are also aimed at protecting home buyers from potential fraud.