Banks and mortgage servicers accused of foreclosing homes improperly are being put under the microscope by regulators, who will recommend in

Reports of suspected mortgage fraud — fueled by the current economic crisis — are up in 2008, according to two new reports by the FBI and th

On May 21, BankUnited FSB became the 34th federally insured institution to be taken over by regulators this year. The takeover will put anot

Angelo Mozilo, founder and former CEO of Countrywide Financial — the No. 1 subprime lender in America, according to a Center for Public Inte

Everyone knew it was coming. With all the turmoil in the American financial system, a push for re-regulation was inevitable. The Obama admin

Troubled lender CIT Group found itself on the brink of bankruptcy Monday, as concerns regarding its liquidity and debt mounted. The company

Firms that fed off the subprime lending frenzy that devastated the banking system are lining up to collect more than $21 billion in taxpayer

Today marks a year since the collapse of Lehman Brothers, the biggest bankruptcy in U.S. history. As President Obama delivers a major speech

The top Republican on the House Financial Services Committee is asking for a hearing on a whistleblower’s claims that Fannie Mae put its own

One of the biggest winners in the new financial services overhaul bill are the nation’s auto dealerships, which are now exempt from oversigh