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Citi supports plan to let bankruptcy judges alter 0133 - 6 hours ago - WASHINGTON Financial giant Citigroup C Inc has agreed to support a controversial rewrite of U.S. bankruptcy law aimed at helping troubled mortgage borrowers, three Democratic senators said Thursday. Sens. Richard Durbin of Illinois, 0133 : USA Today

Investors buy 558 million in mortgages from FDIC - 3 hours ago - WASHINGTON AP A group of private investors including former executives of Countrywide Financial Corp. has purchased 558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of 0133 : Associated Press

Obama Must Tackle Fannie, Freddie s Federal Ties Update1 - 6 hours ago - Jan. 8 Bloomberg President-elect Barack Obama has little time to decide the fate of Fannie Mae and Freddie Mac as bank regulators warn of the drag the government-seized mortgage- finance companies are having on the U.S. economy. 0133 : Bloomberg

Obama Congress must act boldly and now on economy - 1 hour ago - WASHINGTON -President-elect Barack Obama implored Congress on Thursday to act boldly and act now to fix an economy growing perilously weaker. Leading lawmakers set an informal goal of mid-February for enacting tax cuts and government 0133 : AOL

Lawmakers Reach Deal With Citigroup On Home Loans - 38 minutes 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 : Hartford Courant

Citi reaches deal with lawmakers on home loans - 2 hours 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. The lawmakers urged other lenders to follow suit. The lawmakers aim to 0133 : star.com.my

Citigroup nears compromise on some home loans - 6 hours 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 : Chicago Tribune

Citi reaches deal with lawmakers on altering home loans - 6 hours ago - WASHINGTON A trio of Democratic senators say they have reached a deal with Citigroup on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures. The lawmakers aim to attach the plan to President-elect Barack 0133 : San Jose Mercury News