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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

Citi reaches deal with lawmakers on home loans - 10 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 - 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

UPDATE 2-US bank industry slams lawmaker-Citi mortgage deal - 5 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

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

U.K. Home Loans Drop to Least Since 1999, Prices Fall 0133 - 1/2/2009 - Jan. 2 Bloomberg U.K . mortgage approvals dropped to the lowest level since at least 1999 in November, house prices fell by the most in a quarter-century last year, and banks predict more curbs on lending as the recession deepens. 0133 : Bloomberg

Payday loans charging obscene interest - 9 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

After 158 years, the end is nigh for Bristol West - 3 hours ago - The housing market was dealt a further blow this week after the Bank of Ireland announced it was dramatically scaling back its UK mortgage operation and ditching the 158-year-old Bristol West brand. However, the Dublin-based bank says the 0133 : Guardian Unlimited