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Lawmakers Reach Deal With Citigroup On Home Loans - 1 hour 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

Investors buy 558 million in mortgages from FDIC - 4 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 Congress must act boldly and now on economy - 1 hour ago - AP President-elect Barack Obama speaks about the economy at George Mason University in Fairfax, Va., Thursday, WASHINGTON President-elect Barack Obama implored Congress on Thursday to act boldly and act now to fix an economy growing 0133 : Yahoo News

Bernard Madoff was ready to send 173 million, prosecutors say - 1 hour ago - New York Prosecutors said Thursday that investigators found 100 signed checks worth 173 million in Bernard L. Madoff's office desk that he was ready to send out to his closest family and friends at the time of his arrest last month in 0133 : Los Angeles Times

Fitch cuts GMAC rating to Restricted Default - 6 hours ago - Fitch Ratings said Thursday it downgraded its issuer default rating for GMAC LLC to Restricted Default from CCC, citing the recent completion of the financing company's bond exchange. The exchange covered about 28.8 billion of 0133 : Forbes

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 : PR Inside

Prosecutors Madoff was ready to send out 173M Citi reaches 0133 - 1 hour ago - BUSINESS DIGEST Prosecutors Madoff was ready to send out 173M Citi reaches deal with lawmakers on home loans COMPILED FROM WIRE REPORTS Friday, January 09, 2009 INVESTMENTS Madoff had signed 173 million in checks to friends and family 0133 : Austin American-Statesman

Citi nears deal on home loan change - 1 hour ago - Citigroup Inc is in advanced talks with lawmakers on a plan to let bankruptcy judges alter home loans in an effort to prevent US foreclosures, a person briefed on the matter said on Thursday. Until now, the banking industry has been 0133 : ninemsn