One of the biggest challenges to ending the foreclosure crisis is this: A surprising number of homeowners who get their monthly payments reduced fall behind again within a year. ...more

December 22, 2009

The Obama administration hopes to restore confidence in the nation's ailing financial sector by subjecting 19 of the largest banks to "stress tests" that will gauge whether each institution has adequate capital to survive a severe downturn. ...more

February 26, 2009

Hartford Financial Services Group Inc. and Lincoln National Corp. won approval to buy lenders, a step by the insurers toward getting investments from the U.S. government, the Office of Thrift Supervision said Friday. ...more

January 10, 2009

Wachovia Corp. has begun preliminary merger talks with Banco Santander SA of Spain, Wells Fargo & Co. of San Francisco and Citigroup Inc. of New York, The Wall Street Journal and The New York Times reported Friday, citing people familiar with the matter. ...more

September 27, 2008

Shares of Washington Mutual staged a late rally Thursday, recouping some of this week's steep losses as investors pumped money back into the banking sector despite ongoing concerns. ...more

September 12, 2008

In his first full day on the job, Washington Mutual Chief Executive Officer Alan Fishman pledged to return the Seattle savings-and-loan to profitability even as investors grew more doubtful about its prospects. ...more

September 10, 2008

Washington Mutual Inc., ravaged by losses from sour mortgages, replaced Kerry Killinger as chief executive of the nation's largest savings and loan on Monday, adding him to the growing list of banking bosses ousted by their boards. Its shares sank almost 22 percent. ...more

September 9, 2008

An increase in consumer complaints over the cancellation or reduction of home equity lines of credit has prompted one federal banking regulator to remind financial institutions about the laws governing this type of loan. ...more

September 7, 2008

U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. ...more

August 28, 2008

The government's seizure of IndyMac Bank raises concerns for many consumers about whether their banks might be next. ...more

July 15, 2008