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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

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

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

New Research Fallout from Reckless Lending Continues as 0133 - 5 hours ago - WASHINGTON , Jan. 8 PRNewswire-USNewswire The subprime market for home loans has dried up for now, but the bad subprime loans made at the height of the mortgage bubble continue to damage neighborhoods and drown the economy in 0133 : Earthtimes

Citi nears deal with Congress on home loans - 7 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 : AZCentral.com

Stocks end mostly higher after lawmakers reach agreement with 0133 - 5 hours ago - NEW YORK - A deal that would help prevent more mortgage foreclosures pulled Wall Street out of a slump Thursday, giving the market a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let 0133 : Union-News & Sunday Republican

Citigroup nears compromise on some home loans - 7 hours ago - WASHINGTON - Citigroup Inc. is in advanced talks with legislators 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 : Canada East

Citigroup backs plan to ease loans for stressed homeowners - 4 hours ago - WASHINGTON - Senate leaders announced an agreement Thursday with Citigroup in which the financial giant will throw its support behind legislation that allows homeowners in bankruptcy to modify the terms of their mortgages. The provision has 0133 : Chicago Tribune