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Obama Congress must act boldly and now on economy - 1 hour ago - Associated Press Writers WASHINGTON AP President-elect Barack Obama implored Congress on Thursday to act boldly and act now to fix an economy growing perilously weaker. Democratic and Republican lawmakers complained about his tax 0133 : Guardian Unlimited

Citi reaches deal with lawmakers on home loans - 5 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 and urged other lenders to follow suit. The lawmakers aim to attach the 0133 : Associated Press

Citi, Lawmakers Reach Deal on Home Loans - 8 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 - 8 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 backs plan to ease loans for stressed homeowners - 6 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 : Hartford Courant

New Research Fallout from Reckless Lending Continues as 0133 - 1 day 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 : PR Newswire

Mortgage-Bond Purchases Start Strong - 2 hours ago - The Federal Reserve bought 10.213 billion of mortgage securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae in the first three days of a new program to support the housing market. The central bank has pledged to buy 500 billion, or 0133 : Wall Street Journal

Failed US home loans bank IndyMac sold for 14 billion dollars - 1/3/2009 - By Arun Kumar, Washington, Jan 3 A group of private investors has agreed to buy for nearly 14 billion dollars the collapsed home loans specialist IndyMac Bank, the third-largest bank to fail since the US government began insuring deposits 0133 : New Kerala