* Fraud lands Yao 5-year prison term (Esteban Parra, News Journal)

* Decline in borrowing continued in December (Martin Crutsinger)

* Calif. fugitive charged in $100M mortgage fraud (Don Thompson)

* New rules raise the bar for condo mortgages in Fla. (Jupiter Courier)

* Lagan: ‘Government run amok’ (Gatehouse Media, Milford Daily News)

* Bankrupt homeowners may have a new option (Kenneth Harney, Washington Post Writers Group)

* Obama to talk economics in struggling SW Florida (William Gibson, S. Florida Sun-Sentinel)

* Authorities Charge Group With Indoor Pot Growing Operation (WMUR)

* Agency consolidation criticized

* Steelworkers ‘waiting for axe to fall’ (Andrew Bounds, The Financial Times)

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