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Stocks end mostly higher as mortgage deal eases 0133 - 3 hours ago - NEW YORK AP A deal to help head off more mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy 0133 : Allentown Morning Call

Obama Congress must act boldly and now on economy - 2 hours 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 : Napa Valley Register

Citi reaches deal with lawmakers on home loans - 2 hours ago - 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 : BusinessWeek

Citigroup nears compromise on some home loans - 5 hours ago - WASHINGTON AP - Citigroup Inc. is in advanced talks with lawmakers on a plan to let bankruptcy judges alter home loans in an effort to prevent U.S. foreclosures, a person briefed on the matter said Thursday. Until now, the banking 0133 : PR Inside

Citi reaches deal with lawmakers on altering home loans - 5 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 : Santa Cruz Sentinel

Citigroup backs plan to ease loans for stressed homeowners - 3 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

Citi nears deal with Congress on home loan change - 5 hours ago - 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 ardently 0133 : BusinessWeek

Citi Supports Controversial Mortgage Bill - 4 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 : AOL