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Citigroup OKs deal to alter mortgages - 1 hour ago - WASHINGTON AP Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures. They expect other lenders to follow. The lawmakers said yesterday they 0133 : Columbus Dispatch

Obama team working on overhaul of financial rescue - 49 minutes ago - WASHINGTON Reuters - President-elect Barack Obama's economic team is working on an overhaul the 700 billion financial rescue program with the aim of doing more to spur the flow of credit to the struggling U.S. economy, an Obama aide said 0133 : Reuters

Handling Home Payments Loses Profit Luster as Bad Loans Pile 0133 - 1 hour ago - Jan. 9 Bloomberg Bank of America Corp., GMAC LLC, and WL Ross Co. are among mortgage servicers that have endured billions of dollars in unexpected costs and added thousands of workers to handle rising foreclosures, denting a business 0133 : Bloomberg

Citi reaches deal with lawmakers on home loans - 3 hours ago - WASHINGTON Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures and urged other lenders to follow suit. The lawmakers aim to attach the plan 0133 : Boston Globe

Citigroup, lawmakers make deal on loans - 1 hour ago - WASHINGTON Democratic lawmakers have reached a deal with Citigroup on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures and urged other lenders to follow suit. The lawmakers aim to attach the plan to 0133 : Newark Star-Ledger

Democrats back deal to alter home loans - 3 hours ago - WASHINGTON Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures and urged other lenders to follow suit. The lawmakers aim to attach the plan to 0133 : Baltimore Sun

Smyrna mortgage lender closes employees 'in shock' - 2 hours ago - Republican U.S. Sen. Saxby Chambliss said Tuesday that some Atlanta banks are not making auto loans because of the credit squeeze connected to the current financial crisis facing the nation Chambliss pushes bailout, says banks are not 0133 : Atlanta Journal Constitution

10,000 interest on loans - Tories - 3 hours ago - RESEARCH by the Conservatives has discovered some borrowers are paying obscene interest of up to 10,000 on internet and doorstep loans. Tory housing spokesman Grant Shapps revealed that poorer, vulnerable families were being targeted by 0133 : East Anglian Daily Times