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Citigroup Backs Bankruptcy Courts Cutting Loan 0133 - 3 hours ago - Jan. 8 Bloomberg Citigroup Inc., one of nine U.S. banks to get government aid, agreed to support legislation that would let bankruptcy judges cut mortgage rates for at-risk borrowers, three U.S. senators said today as financial 0133 : Bloomberg

Rove falsely asserted that Frank called Bush's Fannie, Freddie 0133 - 3 hours ago - Summary In his Wall Street Journal column, Karl Rove falsely claimed that Rep. Barney Frank labeled President George W. Bush's proposals for reform of Fannie Mae and Freddie Mac as inane. In fact, Frank's remark came in response to 0133 : Media Matters

Obama outlines plan to rekindle US economy - 1 hour ago - President-elect Barack Obama warned that the US risks sinking deeper into an economic crisis without an infusion of government spending and a cut in tax rates and urged Congress to act quickly on a stimulus package that may total US775 0133 : The Age

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

Citi reaches deal with lawmakers on home loans - 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. The lawmakers urged other lenders to follow suit. The lawmakers aim to 0133 : PR Inside

Citi, Lawmakers Reach Deal on Home Loans - 6 hours ago - WASHINGTON Jan. 8 - 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 said they expected other lenders to follow. The lawmakers said 0133 : Walletpop.com

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

Citigroup nears compromise on some home loans - 8 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 : Philadelphia Inquirer