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Mortgage deal sends stocks mostly higher - 6 hours ago - NEW YORK A deal to help head off more mortgage foreclosures pulled Wall Street out of a slump yesterday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges 0133 : Honolulu Star-Bulletin

Obama, Democrats look to revamp financial bailout - 1 hour ago - WASHINGTON Barack Obama's economic team is talking with the Bush administration about having Treasury Secretary Henry Paulson ask Congress within the next week for access to the 350 billion remaining in the financial bailout fund, 0133 : Yahoo News

Georgia banks problems alarming, data show - 5 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

UPDATE 3-US bank industry slams lawmaker-Citi mortgage deal - 4 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

Thornburg s Badal saw financial crisis coming, but few 0133 - 4 hours ago - Congress should create a 3.5 to 4 percent government-guaranteed home loan program to clear the nation s housing surplus as quickly as possible, says the former CEO of Thornburg Mortgage Home Loans . Lawmakers also should create a new 0133 : New Mexico Business Weekly

Failed US home loans bank IndyMac sold for 14 bn - 1/3/2009 - WASHINGTON A group of private investors has agreed to buy for nearly 14 billion the collapsed home loans specialist IndyMac Bank, the third-largest bank to fail since the US government began insuring deposits in 1934. The group is headed 0133 : Daily News and Analysis

Worst Small Towns To Own A Home - 4 hours ago - Homeowners in West Little River, Fla. , Westmont, Calif. , and Copiague, N.Y. , could use some time with their financial planners. That's because these areas have the highest percentages of mortgage holders whose monthly housing 0133 : Forbes

Recovery up to private sector - 7 hours ago - The federal government is far from exhausting all its weapons to assist the economy. Some form of tax break as well as a massive public works program reminiscent of the 1930s are expected from Barack Obama once he takes office. This 0133 : Greenwood Commonwealth