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 alter loans in an effort to prevent homes from going into foreclosure. Other lenders are expected to follow suit.close.
Publication: StarBulletin.com Business Section
Date of Publication: January 9, 2009
Article URL: http:/ / www.starbulletin.com/ business/ 20090109_Mortgage_deal_sends_stocks_mostly_higher.html
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