WASHINGTON - Regulators on Friday shut down Freedom Bank, a small bank located in Bradenton. It was the 17th failure this year of a federally insured bank. ...more

October 31, 2008

The FDIC's agreement to share potential multibillion-dollar losses on Wachovia Corp.'s mortgage loans with buyer Citigroup Inc. is a way for the government to ensure a solution at the least cost to taxpayers, banking experts say. ...more

September 30, 2008

The Florida attorney general's office has sued 10 companies and 15 individuals for roles they may have played in a $37 million mortgage fraud scheme that involved 60 homes from Orange County to Pinellas County. ...more

September 19, 2008

The Florida Attorney General's Office is suing 10 companies and 15 individuals for their alleged roles in a major mortgage fraud scheme. ...more

September 18, 2008

Customers of two banks closed by federal regulators were assured that every penny of their money was protected, preventing lines of angry accountholders from forming Saturday. ...more

July 27, 2008

Last week, Lutz-based banking analyst Richard Bove was in hot demand by media outlets eager to know how safe the nation's banks really are. ...more

July 22, 2008

Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money out on the second day of the failed institution's federal takeover. ...more

July 16, 2008

IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter credit, tumbling home prices and rising foreclosures. ...more

July 12, 2008

Senior government officials prepared emergency steps Friday to rescue troubled mortgage giants Fannie Mae and Freddie Mac but stopped short after a campaign of public statements eased immediate concerns about the stability of the institutions. ...more

July 12, 2008