wamu

U.S. Bankruptcy Court Judge Martin Glenn denied Wells Fargo's request for permission to foreclose on Tandala Mims's house in the Bronx for a second time on Thursday because he still wasn't satisfied that Wells -- as opposed to some other bank -- had the right to do so.

Most people raising the issue of false mortgage documents are homeowners facing foreclosure. And banks often respond that botched paperwork is a mere technicality -- nothing to worry about. Then you find a case like Wells Fargo's attempt to foreclose on Tandala Mims of New York.

When tax time rolls around, as it does every year, most of us hope to get at least some money back from the federal government. If you're J.P. Morgan Chase, you expect $1.4 billion. The banking giant is taking advantage of a tax break approved by Congress last year that gives a break to companies...

Truthfully, I don't think you or I are going to come upon an opportunity like this in the near future. But it's nice to know that in the land of opportunity, anything is possible. Even if it involves earning $18 million for a mere 3 weeks of work.Alan Fishman has been the CEO of Washington Mutual...

I live in Portland, Oregon, and a lot of my friends have accounts with Washington Mutual, given its roots in the Pacific Northwest (WaMu was founded in Seattle over 100 years ago). Most of my loved ones' accounts aren't anywhere close to FDIC limits. But I've been getting the question almost every...

After customers of the bank formerly known as IndyMac waited in blistering heat to get their life savings out of the bank many are finding out that the piece of paper they just got may not help them out so much after all. The LA Times reports that WaMu is placing an 8 week hold on checks issued...