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Citigroup nears compromise on some home loans - 1 hour ago - WASHINGTON - Citigroup Inc. is in advanced talks with lawmakers on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures, a person briefed on the matter said Thursday. Until now, the banking industry has been 0133 : Philadelphia Inquirer

Citi nears deal with Congress on home loan change - 56 minutes ago - WASHINGTON AP - Citigroup Inc. is in advanced talks with lawmakers on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures, a person briefed on the matter said Thursday. Until now, the banking industry has 0133 : WTOP Radio

Low rates get loans moving again - 5 hours ago - The storm clouds that have hovered over the mortgage industry for almost two years are starting to roll away, now that interest rates are at 30-year lows. Local mortgage brokers, bankers and lenders saw a surge in applications in December 0133 : Long Island Business News

Report Citi may let bankruptcy judges alter mortgages - 27 minutes ago - WASHINGTON Citigroup C is in advanced talks with lawmakers on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures, a person briefed on the matter said Thursday. Until now, the banking industry has been 0133 : USA Today

I-Team 10 investigation Car loans forged - 2 hours ago - The Geneva Resale Center bills itself as the home of the guaranteed credit approval but the dealership is now under criminal investigation for making several questionable loans. I didn't know what to think. Cindy Hardman of Waterloo says 0133 : WHEC TV-10

Bank of Ireland stops selling mortgages in UK - 2 hours ago - Bank of Ireland , which is getting a government bailout, said it won t take on any new home loans in the U.K. through mortgage intermediaries. Bank of Ireland will reduce its 29 billion 32 billion U.K. mortgage book over an extended 0133 : Independent

U.S. Banks Offer Mortgages Below 5 After Fed Action Update1 - 4 hours ago - Jan. 8 Bloomberg The largest U.S. banks are starting to offer fixed home loans below 5 percent after the government began buying mortgage securities to bolster the housing market. JPMorgan Chase Co. is advertising 30-year mortgages 0133 : Bloomberg

Rates fall as Fed buys mortgage securities - 4 hours ago - The government purchases of mortgage securities that began this week appear to be paying off, according to Bloomberg News , which reports that several of the largest U.S. banks have begun offering home loans at fixed rates of 5 percent or 0133 : Providence Business News