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Citi reaches deal with lawmakers on home loans - 3 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 : Syracuse Post-Standard

Obama tells Congress to 'act boldly, and act now' - 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 : Daily Herald

Andersen Windows announces layoffs at Bayport and Cottage 0133 - 1 hour ago - These decisions are not easy, and we don't make them lightly. We recognize the impact on employees and their families and we intend to provide assistance to the affected individuals, said Maureen McDonough, Andersen's director of 0133 : RiverTowns.net

GMAC gives up some GM rights - 1/3/2009 - WASHINGTON The auto-financing giant GMAC relinquished its exclusive right to provide financing to people buying General Motors vehicles in exchange for up to 6 billion in federal aid. The deal abruptly ends an 10-year contract between GM 0133 : Seattle Times

Mortgage Servicing Loses Luster as Bad Loans Mount Update1 - 1 hour ago - Jan. 9 Bloomberg Bank of America Corp., GMAC LLC, and WL Ross Co. are among mortgage servicers that have endured billions of dollars in unexpected costs and added thousands of workers to handle rising foreclosures, denting a business 0133 : Bloomberg

Democrats back deal to alter home loans - 6 hours 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 to 0133 : Baltimore Sun

Citigroup agrees to home loan revisions - 6 hours 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 : Boston Globe

Handling Home Payments Loses Profit Luster as Bad Loans Pile 0133 - 8 hours ago - Jan. 9 Bloomberg Bank of America Corp., GMAC LLC, and WL Ross Co. are among mortgage servicers that have endured billions of dollars in unexpected costs and added thousands of workers to handle rising foreclosures, denting a business 0133 : Bloomberg