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Citi supports plan to let bankruptcy judges alter 0133 - 2 hours ago - WASHINGTON Financial giant Citigroup C Inc has agreed to support a controversial rewrite of U.S. bankruptcy law aimed at helping troubled mortgage borrowers, three Democratic senators said Thursday. Sens. Richard Durbin of Illinois, 0133 : USA Today

TODAY Obama says Congress must act boldly and now on economy - 1 hour ago - WASHINGTON President-elect Barack Obama implored Congress to act boldly and act now'' on Thursday to fix an economy growing perilously weaker, and leading lawmakers set an informal goal of mid-February for enacting tax cuts and 0133 : Charleston Daily Mail

S P places Alcoa on 'CreditWatch' - 3 hours ago - NEW YORK AP - Standard Poor's Ratings Services has placed its ratings for aluminum maker Alcoa Inc. on CreditWatch with negative implications, citing a very weak operating environment and low aluminum prices. The ratings include the 0133 : MSN MoneyCentral

Citi reaches deal with lawmakers on home loans - 38 minutes 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 - 3 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 : Chicago Tribune

New Research Fallout from Reckless Lending Continues as 0133 - 1 hour 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

Citigroup backs Congress plan on home loans lawmakers - 1 hour ago - Congressional leaders said Thursday they have reached agreement with Citigroup on legislation to provide relief to cash-strapped homeowners at risk of losing their homes. Lawmakers want to include the legislation, which would allow 0133 : Raw Story

Citi, Lawmakers Reach Deal on Home Loans - 2 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