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Citi reaches deal with lawmakers on home loans - 6 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 : San Francisco Gate

Obama s Beautiful Machine - 56 minutes ago - The prospective appointment of television's sexiest doctor, Sanjay Gupta, as Surgeon General, with a dual White House post to help shape health policy rounds out a storied administration of big intellects and personalities. Anybody who's 0133 : Newsweek

Posted by Theo Francis on January 08 - 20 hours ago - If you want a sign the financial world is changing fast, look no farther than Thursday's announcement that Citigroup would back legislation allowing judges to modify mortgage terms in bankruptcy. The bill, championed for more than a year by 0133 : BusinessWeek

Detroit hosts auto show against bleak backdrop - 2 hours ago - DETROIT Reuters - Automakers will introduce glossy cars and new hybrids at the Detroit Auto Show, but with General Motors Corp and Chrysler LLC still teetering on the edge of failure and industry sales expected to worsen, the lure of 0133 : MSN MoneyCentral

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

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

Handling Home Payments Loses Profit Luster as Bad Loans Pile 0133 - 11 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 - 42 minutes 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