Mortgage lenders that are resorting to “desperate” measures to feed their current loan volume will be facing heightened regulatory scrutiny, warned the nation’s top savings and loan industry regulator. Lending institutions will have to pay closer attention to the fundamentals, including loan documentation, pricing, loan-to-value ratios, and overall underwriting standards – areas the Office of Thrift Supervision will be targeting in future audits of federally chartered thrifts, according to OTS Director Richard Reich. …