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On the EPE Read more...Citigroup OKs deal to alter mortgages - Columbus DispatchWASHINGTON (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. They expect other lenders to follow. The lawmakers said yesterday they aim to ... Read more...Obama Urges DTV Delay As Time, Money Runs Out - WiredBilled as perhaps the greatest leap in television since "living color," the transition to digital TV is mere 39 days away, and in serious trouble: millions of households still aren't ready for the conversion and a government program created to ... Read more...GMAC backs ailing affiliate - Fort Wayne Journal GazetteNEW YORK – GMAC LLC, the financing arm of automaker General Motors Corp., said Thursday that it has made progress in restructuring its ailing home mortgage subsidiary but didn’t go as far as to guarantee its future. Residential Capital LLC, which ... 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Read more...Citigroup deal could avert new foreclosures - NorthJersey.comDemocratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans to prevent foreclosures and urged other lenders to follow suit. The lawmakers said Thursday that the change in bankruptcy law could ease ... Read more...
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