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Business briefs - 2 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 : Dubuque Telegraph Herald

Obama urges delay in TV transition - 8 hours ago - WASHINGTON President-elect Barack Obama is urging Congress to postpone the Feb. 17 switch from analog to digital television broadcasting, arguing that too many Americans who rely on analog TV sets to pick up over-the-air channels won t be 0133 : Worcester Telegram & Gazette

Citi reaches deal with lawmakers on home loans - 6 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

Mortgage Servicing Loses Luster as Bad Loans Mount Update1 - 4 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

Citigroup agrees to home loan revisions - 9 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

See today's average credit card rates across the country. - 1 hour ago - WASHINGTON - A top bank industry group Friday said it opposes an agreement between Citigroup Inc. and Democratic senators that would rewrite bankruptcy law to help troubled mortgage borrowers avoid foreclosure. The American Bankers 0133 : MSNBC

UPDATE 2-US bank industry slams lawmaker-Citi mortgage deal - 2 hours ago - WASHINGTON NEW YORK, Jan 9 Reuters - A top bank industry group said on Friday that it opposes an agreement between Citigroup Inc C.N and Democratic senators that would rewrite U.S. bankruptcy law to help troubled mortgage borrowers 0133 : Reuters

Payday loans charging obscene interest - 6 hours ago - Payday loans are charging individuals obscene levels of interest, claims a leading Conservative spokesperson. While Bank of England cut its base rate to 1.5 per cent yesterday, home credit firms covering doorstep loans and payday loans 0133 : MyFinances.co.uk