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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 says economic critics should show him ideas - 1 hour ago - WASHINGTON AP - Facing unwelcome resistance from fellow Democrats, President-elect Barack Obama is encouraging critics of his 800 billion economic recovery plan to just show me their own ideas. With more than 11 million Americans out 0133 : WTOP Radio

Citi reaches deal with lawmakers on home loans - 8 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 : Columbia Missourian

Mortgage Servicing Loses Luster as Bad Loans Mount Update1 - 5 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

Georgia banks problems alarming, data show - 2 hours ago - More Georgia banks faced deeper problems from souring loans and other challenges in the third quarter, based on a commonly used measure of their financial health. The number of banks with high Texas ratios a figure that attempts to 0133 : Atlanta Journal Constitution

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UPDATE 3-US bank industry slams lawmaker-Citi mortgage deal - 1 hour 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

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