Hey, WSJ—if we’ve learned anything in the past year it’s that nonchalance in lending isn’t really something to be applauded.

Shameless, if true

The NYT on C3 reports that a Senate subcommittee will investigate whether mortgage companies are charging abusive fees to struggling homeowners in order to help shape legislation to protect borrowers.

Among their concerns are excessive fees imposed on homeowners and actions taken to seize the homes of borrowers who are not delinquent on loans. Most foreclosures are uncontested by homeowners, who typically rely on what the lender or its representative says is owed, including fees assessed during the process.

Airfare up, planes packed

The Journal says on B1 that airline rate increases stuck in March with fares up more than 10 percent from a year earlier. That’s because planes are flying fuller than any time in history, with capacity up just 6 percent in eight years. And the paper says the industry, hammered by oil prices (not to mention a safety scandal) is hoping that the flurry of merger activity “can eliminate seats and competitors and give airlines even greater pricing power.”

• 1
• 2